Listing provided courtesy of Michael R. Fukushima of Keller Williams Los Angeles. Last updated 2025-09-23 08:12:18.000000. Listing information © 2025 Sandicor.
Asking Price: $2,900,000 |
1420 28th, Los Angeles CA 90007
Community: C16 - Mid Los Angeles
This property was built in 1905 and is priced at $2,900,000. Please see the additional details below.
*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.
