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1449 W 28th Street

Los Angeles, CA 90007
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Bed 11

Bed

Bath 7

Bath

SqFt3,287

Sqft

SqFt6,756

Sqft(Lot)

We are pleased to present the opportunity to acquire 1449 W. 28th Street, a fully renovated 11-bedroom + 7-bathroom student housing investment located in the highly coveted West of Campus neighborhood within the USC 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. Currently occupied by USC students, the property generates slightly above $11,000 per month in gross income. Backed by a proven operational history, parental guarantees, and strong in-place cash flow, the asset delivers immediate yield and stable income from day one. The offering consists of a beautifully upgraded 1903 Craftsman single family residence with 7-bedrooms + 4-bathrooms, paired with a newer detached ADU built in 2019, featuring 4-bedrooms + 3-bathrooms. Together, the structures total approximately 3,287 rentable square feet on a 6,754 square foot lot. Both structures have undergone extensive renovations with modern, high-end finishes throughout, including hardwood flooring, updated countertops, stainless steel appliances, tiled showers with glass enclosures, in-unit washers and dryers, furnished bedrooms, fully updated kitchens and bathrooms, recessed lighting, and contemporary fixtures. Operationally, the asset is exceptionally efficient. Tenants are responsible for all utilities, including gas, water, trash, and electricity, helping minimize landlord expenses and maximize net operating income. Priced at a 7% cap rate and 11x GRM, the property combines immediate cash flow, low-maintenance ownership, and long-term upside in one of LA's most consistently performing rental markets.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,495,000

AD Id : 89028206

MLS Id : 26834529

Beds : 11

Lot Size : 6,756 Sqft

Living Area Size : 3,287

Year Built : 1903

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 11

    Bathroom Information

    Total Baths: 7
  • Interior Features

    Appliances: Dishwasher, Refrigerator, Dryer, Washer
    Laundry Features: Inside

  • Building Information

    Year Built: 1903
    Building Area Total: 3287
    Stories: 2
    Private Pool: No

  • Lot Information

    Lot Dimensions: 50x135 Main Square Feet: 6756 Lot Size Acres: 0.1551 Lot Size Square Feet: 6,756

  • Listing Price Information

    Listing Price: $1495000

  • Tax Information

    Parcel Number: 5054032020

  • Location Information

    Direction: 1447 - 1449 W. 28th Street | Los Angeles, CA 90007
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2200 E 105th, Los Angeles, CA, 90007 $600,000 3 3 2,001 2,001 SqFt
225 W Adams Boulevard, Los Angeles, CA, 90007 $1,775,000 -- 16 8,540 8,540 SqFt
1943 Estrella Avenue, Los Angeles, CA, 90007 $1,350,000 8 4 5,458 5,458 SqFt
1986 Norwood Street, Los Angeles, CA, 90007 $775,000 4 2 1,265 1,265 SqFt
1011 W 20th, Los Angeles, CA, 90007 $1,350,000 7 4 2,511 2,511 SqFt
2127 Portland Street, Los Angeles, CA, 90007 $1,600,000 11 11 3,715 3,715 SqFt
1017 W 24th Street, Los Angeles, CA, 90007 $1,220,000 4 -- 3,104 3,104 SqFt
721 W 30th Street, Los Angeles, CA, 90007 $7,100,000 25 -- 12,928 12,928 SqFt
1276 W 22nd St, Los Angeles, CA, 90007 $1,290,000 -- -- --
1213 W 24th, Los Angeles, CA, 90007 $2,138,000 -- -- 3,167 3,167 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/04/2026 @ 06:20

MLS: 26834529 LISTED BY: Davis Saadian, Keller Williams Hollywood Hills 310-623-1300 SOURCE: CRMLS

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