1188 W 28th, Los Angeles, California 90007

  • $2,450,000
1188 W 28th, Los Angeles, California 90007
Active
1188 W 28th, Los Angeles, California 90007
1188 W 28th, Los Angeles, California 90007
  • $2,450,000

Description

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 !

  • Address 1188 W 28th, Los Angeles, California 90007
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90007
  • Country US

Details

Updated on September 3, 2026 at 4:37 pm
  • Property ID: AR26141332
  • Price: $2,450,000
  • Property Size: 3572 Sqft
  • Land Area: 0.2 Acres
  • Garage: 1.0
  • Year Built: 1902
  • Property Type: Single Family Residence, Residential Income
  • Property Status: Active

Additional details

  • Listing Terms: Cash, Cash to New Loan, 1031 Exchange
  • Sewer: Unknown
  • County: Los Angeles
  • Property Type: Residential Income
  • Pool: None
  • Community Features: Sidewalks

Contact Information

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Hoyt Hochman

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  • Hoyt Hochman