1188 W 28th, Los Angeles, CA 90007
- $2,450,000
- 13
- BD
- 8
- BA
- 3,572
- SqFt
- List Price
- $2,450,000
- Status
- ACTIVE
- MLS#
- AR26134176
- Year Built
- 1902
- Bedrooms
- 13
- Bathrooms
- 8
- Living Sq. Ft
- 3,572
- Lot Size
- 8,712
- Acres
- 0.20
- Lot Location
- Yard
- Days on Market
- 41
- Property Type
- Single Family Residential
- Property Sub Type
- Single Family Residence
- Stories
- Two Levels
Property Description
If you know USC, you know this is truly Best Location Ever!! Not only the Location, also the Lot size almost 9000 s.f.!!! 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 !
/u.realgeeks.media/justindegasperishomes/header.png)
Additional Information
- Pool Description
- None
- Fireplace Description
- Family Room
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- View
- None
- Garage Spaces Total
- 1
- Sewer
- Unknown
- Water
- Other
- School District
- Other
- Interior Features
- Bedroom on Main Level
- Attached Structure
- Detached
- Number Of Units Total
- 1
Listing courtesy of Listing Agent: Gina Ma (ginama1588@gmail.com) from Listing Office: IRN Realty.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.