Active

1188 W 28th

Los Angeles, CA 90007
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Bed 0

Bed

Bath 0

Bath

SqFt3,572

Sqft

SqFt8,712

Sqft(Lot)

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 !

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Detail Ic Property Details

Property Type : Residential Income

Price : $2,450,000

AD Id : 87069822

MLS Id : AR26141332

Lot Size : 8,712 Sqft

Living Area Size : 3,572

Year Built : 1902

Garage : 1

County : Los Angeles

  • Map Map

Map

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Feature Features

  • Water/Sewer

    Water Source: See Remarks Sewer: Unknown

  • Building Information

    Year Built: 1902 Building Area Total: 3,572
  • Pool Features

    None

    Laundry Features

    Inside,Laundry Room

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.2
  • Lot Size Source: Assessor Lot Size Square Feet: 8712

  • Listing Price Information

    Original List Price: 2,450,000 Listing Contract Date: 2026-06-29
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 5055028011

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: C16 - Mid Los Angeles Directions: Hoover Blvd. to 28th St. Source Property Type: Residential Income Area: C16 - Mid Los Angeles Property SubType: Single Family Residence
  • Building and Construction

    Property Age: 124 Common Walls: No Common Walls Structure Type: Single Family Residence Year Built Source: Assessor Entry Level: 1 Entry Location: front door
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Nearby Home Value

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1978 Bonsallo Avenue, Los Angeles, CA, 90007 $1,599,800 7 -- 3,456 3,456 SqFt
2119 S Union Avenue, Los Angeles, CA, 90007 $1,525,000 15 -- 6,671 6,671 SqFt
1017 W 24th Street, Los Angeles, CA, 90007 $1,220,000 4 -- 3,104 3,104 SqFt
1016 W 24th, Los Angeles, CA, 90007 $1,800,000 -- -- 8,563 8,563 SqFt
721 W 30th Street, Los Angeles, CA, 90007 $7,100,000 25 -- 12,928 12,928 SqFt
716 W 30th Street, Los Angeles, CA, 90007 $2,608,888 15 -- 5,615 5,615 SqFt
1276 W 22nd St, Los Angeles, CA, 90007 $1,290,000 -- -- --
1236 W 24th, Los Angeles, CA, 90007 $899,000 7 4 1,850 1,850 SqFt

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ByOwner last updated this listing 07/03/2026 @ 21:11

MLS: AR26141332 LISTED BY: Gina Ma, IRN Realty 626-447-5100 SOURCE: CRMLS

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