1188 W 28th
Los Angeles, CA 90007
- Bedrooms
- 13
- Bathrooms
- 8
- Interior
- 3,572 sq ft
- Year Built
- 1902
About this residence
If you know USC, you know this is truly Best Location Ever!! This is Both Investors' and Students' dreaming location for Value-add USC off Campus Student Housing Investment Opportunity! Must check out this location!!! Only 2 blocks away North of USC village, mins walking to USC!!! Located in highly Desirable USC DPS Safety Patrol Zone. 100% Fully occupied by USC students with parental guarantees on leases, and all rooms pre-leased for the upcoming 2026-2027 school year with USC students already. Currently collecting gross rents of $12,500/month which is way not high enough at that location due to seller's limited time on managing. Highly demanding...easy access to all USC's landmarks, academic buildings, and entertainment options. Zoning LARD1.5, possibility building more units and/or ADU in the back huge yard! The property is approximately 3572 s.f., 8712 s.f. lot, 13 bed, 8 bath, living rooms, and on-site laundry room...This property has charming turn of the century details that you will adore. As a bonus, this Property offers about 8 PRIVATE PARKING SPACES which are the the students favorites. The asset represents a low-risk investment that is poised for continued growth and excellent operating fundamentals. The property should be collecting gross rents around $18K/month, then GRM should be around 9. Don't miss !
Features & finishes
- BedroomOnMainLevel
Property details
- Status
- For Sale
- Property type
- Single-Family Home
- Price per sq ft
- $686/sq ft
- Days on market
- 5 days
- Year built
- 1902
- HOA fee
- $0/mo
- View
- None
- Parking
- 1 space
- Furnished
- No
- Waterfront
- No
- MLS number
- AR26134176
Location & neighborhood
1188 W 28th, Los Angeles, CA 90007
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- Principal & interest$12,389
- Property taxes$3,716
- Insurance$1,021
- HOA / fees$0
Estimate only. Taxes, insurance and HOA are approximate.
Listing courtesy of IRN Realty · MLS AR26134176. Information deemed reliable but not guaranteed; buyers should independently verify all details.
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