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1188 W 28th

los angeles, CA 90007

$2,450,000

  • 13 BR
    8 BA
    approx. 3,572 SF

Interested? Let's Connect

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 !

Details

3,572 Sq Ft

0.2 Private Acres Lot Size

single family home

Built in 1902

MLS/Listing ID AR26134176

2 Stories

1 Units

Amenities & Features

Community - Sidewalks

Cooling - Wall/window unit(s)

Family Room Fireplace

Bedroomon Main Level

Inside

Laundry Room

Lot - Yard

Estimate my mortgage

TOTAL MONTHLY COST

$0

  • PRINCIPAL & INTEREST

    $0

  • PROPERTY TAXES

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  • Common Charges

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