1454 W 28th St, Los Angeles, Los Angeles, CA, CA, US, 90007
1454 W 28th St, Los Angeles, Los Angeles, CA, CA, US, 90007Basics
- Date added: Added 1 month ago
- Category: Residential
- Type: Single Family Residence
- Status: Active
- Bedrooms: 10
- Bathrooms: 4
- Year built: 1906
- MLS ID: 26848663
- Bath Full: 4
- Listing Agent License Number: 01921748
- Listing Agent First Name: Davis
- Listing Agent Last Name: Saadian
- Lot Size Area: 8102
- Bath Half: 0
- Days On Market: 26
- Living Area: 2601
- Listing Broker: 01364089
Description
-
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 9.0% cap rate and 8.7x GRM, the property combines immediate cash flow, low-maintenance ownership, and long-term upside in one of LA's most consistently performing rental markets.
Show all description
Rooms
- Rooms: Breakfast Area, Dining Room, Entry
Building Details
- Listing Area: Mid Los Angeles
- Building Type: Detached
- Parking Garage: Other, Gated
- Flooring: Vinyl Plank, Other, Tile
Amenities & Features
- Heating: Other
- Pool: No
- Cooling: Dual, Other
- Furnished: Furnished
- Levels: Two Level