714-745-2708

1475 W 28th Street, Los Angeles, CA 90007

$1,050,000 Approx. USD 8 beds, 5 baths
2,597 sqft

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Marketed By The Keaty Team

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Marketed By The Keaty Team REALTOR® - Sales Associate 714-608-3298 m
714-745-2708 o
Lic#: 01276603
NRDS ID: 187514104
thekeatyteam@bhhscal.com Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
Phone: 714-832-8800
Fax: 949-565-7700

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Listing Agent

Davis Saadian | davis@saadiangroup.com
Lic#: 01921748
Broker: Courtesy of Keller Williams Hollywood Hills
Phone: 310-402-8958

Agent Remarks

We are pleased to present a rare opportunity to acquire 1475 W. 28th Street, a three (3) unit, eight (8) bedroom student housing investment located in the highly sought-after DPS Patrol Zone, just blocks from the University of Southern California (USC). This single-story wood frame and stucco building sits on a raised foundation, offering 2,597 SF of living space on a generous 7,430 SF lot. The property is fully occupied by USC students and currently generates $7,743/month in income, with approximately 50% upside in potential rents. The front single-family residence features 5 bedrooms and 3 bathrooms, generating $5,500/month in income. This home has undergone a complete, high-end remodel with over $150,000 in capital improvements-delivering a true turn-key investment. From the sleek, modern kitchen and designer bathrooms to the upgraded flooring, windows, systems, and fixtures, every detail has been thoughtfully executed for lasting appeal and minimal deferred maintenance. Two detached units at the rear of the lot round out the offering: a 1-bedroom, 1-bathroom unit ($975/month) and a 2-bedroom, 1-bathroom unit ($1,268/month). Priced at a strong current 7% cap rate, this is an exceptional cash-flowing investment with significant rent growth potential in one of USC's most in-demand rental submarkets-a compelling opportunity for investors seeking stable income today and meaningful upside tomorrow.

Listing Details

Property type: (Multi-Family)

Status: Active

MLS# 26959483

Price: $1,050,000

Beds: 8

Baths: 5

Built in 1922

2,597 sqft

1 story

0.17 acres

Lot size: 0.1706

County: Los Angeles

Zoning: LAR2

Appliances: Disposal,Microwave,Refrigerator,Dryer,Washer

Parking description: Gated,Private

Heating/cooling: Electric

Heating description: Electric,Heat Pump

MLS area: C16 - Mid Los Angeles

Last Updated: 9/14/2026

Days On Market (DOM): 33

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This listing belongs to the C16 - Mid Los Angeles MLS area

Lat/Long: 34.029844, -118.293808.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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