26
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$1,525,000
Est. payment /mo
10 Beds
4 Baths
2,601 SqFt
New
1454 W 28th ST Los Angeles, CA 90007
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,601 sqft
Price per Sqft $586
MLS Listing ID 26848685
Bedrooms 10
HOA Y/N No
Year Built 1906
Lot Size 8,102 Sqft
Property Description
We are pleased to present the opportunity to acquire 1454 W. 28th Street, a fully renovated 10-bedroom + 4-bathroom student housing investment located in the highly coveted West of Campus neighborhood within the DPS Patrol Zone. Just blocks from the University of Southern California, the property sits in one of the strongest student housing rental markets in Los Angeles, consistently achieving premium rents, full occupancy, and year-round tenant demand. The property generates $13,350 per month in gross income. Backed by a proven operational history, and strong in-place cash flow, the asset delivers immediate yield and stable income from day one. The offering consists of a beautifully upgraded two-story single-family residence featuring 10-bedrooms + 4-bathrooms, totaling approximately 2,601 rentable square feet on an 8,100 square foot lot. Adding to the investment appeal, the oversized 8,100 square foot lot presents a significant value-add opportunity. An investor may have the ability to construct two ADUs toward the rear of the lot, providing the potential to substantially increase cash flow and overall asset value over time. Operationally, the asset is exceptionally efficient, helping minimize landlord expenses and maximize net operating income. Priced at an in-place 8.0% cap rate and 9.5x GRM, the property combines immediate cash flow, low-maintenance ownership, and long-term upside in one of LA's most consistently performing rental markets.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LAR2
Rooms
Other Rooms Shed(s)
Interior
Flooring Tile
Fireplace No
Appliance Refrigerator, Dryer, Washer
Exterior
Parking Features Gated
Total Parking Spaces 6
Building
Story 2
Entry Level Two
Architectural Style Craftsman
Level or Stories Two
Additional Building Shed(s)
New Construction No
Others
Senior Community No
Tax ID 5054033006
Special Listing Condition Standard
Listed by Davis Saadian Keller Williams Hollywood Hills #01921748
NEARBY SCHOOL & BUSINESS
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