1188 W 28th, Los Angeles, California 90007
  • $2,450,000

Overview

Property ID: AR26141332
  • Single Family Residence, Residential Income
  • Property Type
  • 1.0
  • Garage
  • 3572 Sqft
  • Area Size
  • 1902
  • Year Built

Description

If you know USC, you know this is truly Best Location Ever!! Not only the Location, but also the Lot size almost 9000 s.f.!!! Soo rare to find! ADU possibility!! Buyer to verify!! 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 !

  • Address: 1188 W 28th
  • City: Los Angeles
  • State/county: CA
  • Zip/Postal Code: 90007
  • Country: US

Details

Updated on June 30, 2026 at 1:23 pm
  • Property ID AR26141332
  • Price $2,450,000
  • Property Size 3572 Sqft
  • Land Area 0.2 Acres
  • Garage 1.0
  • Year Built 1902
  • Property Type Single Family Residence, Residential Income
  • Property Status Active

Additional details

  • Listing Terms Cash, Cash to New Loan, 1031 Exchange
  • Sewer Unknown
  • County Los Angeles
  • Property Type Residential Income
  • Pool None
  • Community Features Sidewalks

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