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1420 W 28th St

Los Angeles, CA 90007
  • $2,900,000
  • STATUS: Active
  • ON SITE: 7 Days
  • MLS #: 25546699
UPDATED: 79 min ago
$2,900,000
  • 16
    BEDS
  • 0.17
    ACRES
  • 11
    BATHS
  • 0
    1/2 BATHS
  • 4,748
    SQFT
  • $611
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1905
County:

School Ratings & Info

Description

*This property is part of the Prime Student Housing Portfolio - May be purchased separately or together.* Turnkey student housing opportunity just blocks from USC, featuring three fully detached buildings with a total of 16 bedrooms and the potential to house up to 32 tenants. The front duplex, originally built in 1905, underwent a full renovation in 2019 with modern systems, updated interiors, and ideal layouts for student living. Two rear ADUs, built in 2022, offer townhome-style 4 bed/3 bath units with premium finishes and efficient designs. The outdoor common area was upgraded in 2024 with turf, stamped concrete, BBQ grill, seating, and bike racks, creating a secure and welcoming space for tenants. With a strong 7.0% CAP rate, minimal deferred maintenance, and prime location within the USC DPS Patrol Zone, this property offers strong in-place income and long-term upside. Just a short walk to USC campus, USC Village, and public transit, this is a high-demand, low-maintenance investment in the heart of Los Angeles.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-06-12T19:43:40.443. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.desertarealuxuryhomes.com/homes/164552002
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1420 W 28th St Los Angeles, CA 90007

  • Price: $2,900,000
  • Status: Active
  • On Site: 7 Days
  • Updated: 79 min ago
  • MLS #: 25546699
16
Beds
11
Baths
0
½ Baths
0.17
Acres
4,748
SQFT
$611
$/SQFT
1905
Built
Neighborhood:
Mid Los Angeles
County:
Los Angeles
Area:
Mid Los Angeles
Property Description
*This property is part of the Prime Student Housing Portfolio - May be purchased separately or together.* Turnkey student housing opportunity just blocks from USC, featuring three fully detached buildings with a total of 16 bedrooms and the potential to house up to 32 tenants. The front duplex, originally built in 1905, underwent a full renovation in 2019 with modern systems, updated interiors, and ideal layouts for student living. Two rear ADUs, built in 2022, offer townhome-style 4 bed/3 bath units with premium finishes and efficient designs. The outdoor common area was upgraded in 2024 with turf, stamped concrete, BBQ grill, seating, and bike racks, creating a secure and welcoming space for tenants. With a strong 7.0% CAP rate, minimal deferred maintenance, and prime location within the USC DPS Patrol Zone, this property offers strong in-place income and long-term upside. Just a short walk to USC campus, USC Village, and public transit, this is a high-demand, low-maintenance investment in the heart of Los Angeles.
Exterior Features

Levels Multi/Split Lot Size Area 7427 Other Structures None Parking Garage Gated Style A-Frame Total Parking 4

Interior Features

Cooling Air Conditioning Equipment None Heating None

Property Features

Assessed Total Value 945710 Disclosures As Is Gross Income 275460 Gross Operating Income 275460 Like Units1 1 Like Units2 2 Like Units3 1 Monthly Gross Income 22955.00 Net Operating Income 201587.00 Number Of Buildings 3 Number Of Units 4 Rent Control YN Yes Sale Type Standard Security Features Gated Source Living Area Owner Source Lot Size Area Vendor Enhanced Total Annual Expense 73873 Type Of Units Residential Year Built Source Vendor Enhanced Zoning LAR2

Listing provided courtesy of Michael R. Fukushima DRE#01380445 of Keller Williams Los Angeles: 562-334-1500.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-06-12T19:43:40.443. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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