1475 W 28th Street, Los Angeles, CA 90007
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
1475 W 28th Street,Los Angeles, CA 90007
$1,195,000
- 8 Beds
- - Baths
- 2,597 sq. ft.
- Multi-family
- Active
Listed by:davis saadian
Office:keller williams hollywood hills
MLS#:CL25562737
Source:CA_BRIDGEMLS
Price summary
- Price:$1,195,000
- Price per sq. ft.:$460.15
About this home
We are pleased to present the opportunity to acquire 1475 W. 28th Street, a three (3) unit, eight (8) bedroom student housing investment, located in the prestigious DPS Patrol Zone, and just a couple blocks to the University of Southern California (USC). This single-story building was constructed of wood frame and stucco on a raised foundation, featuring a total square footage of 2,597 SF on a 7,430 SF Lot. Current income is $7,743/month. The front single-family residence consists of 5-bedrooms + 3-bathrooms, with a total income of $5,500/month, fully occupied with USC students. The front house has been completely remodeled and thoughtfully upgraded with over $150,000 in capital improvements. Featuring modern finishes, updated systems, and designer touches throughout, this home is in excellent, turn-key condition. From the sleek kitchen and stylish bathrooms to the upgraded flooring, windows, and fixtures, every detail has been meticulously updated to offer both comfort and contemporary appeal. The two detached units towards the back of the lot consists of a 1-bedroom + 1-bathroom unit ($975/month) & a 2-bedroom + 1-bathroom unit ($1,268/month). Priced at a current 6.1% Cap Rate excellent cash flow investment with approximately 50% upside in potential rents. Bring all offers - Pl
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Home facts
- Year built:1922
- Listing Id #:CL25562737
- Added:38 day(s) ago
- Updated:August 15, 2025 at 02:33 PM
Rooms and interior
- Bedrooms:8
- Living area:2,597 sq. ft.
Heating and cooling
- Heating:Central
Structure and exterior
- Year built:1922
- Building area:2,597 sq. ft.
- Lot area:0.17 Acres
Finances and disclosures
- Price:$1,195,000
- Price per sq. ft.:$460.15
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