CA > Los Angeles
Los Angeles, CA 90007,1475 W 28th St
Los Angeles, CA 90007,1475 W 28th St
Los Angeles, CA 90007,1475 W 28th St
25
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$1,285,000
Est. payment /mo
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8 BD
5 BA
2,597 SqFt
Active

1475 W 28th St Los Angeles, CA 90007

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Juliana McCormick

Juliana McCormick

+1(702) 202-9709

UPDATED:

11/24/2024 01:45 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,597 sqft

Price per Sqft $494

MLS Listing ID 24-434425

Bedrooms 8

Year Built 1922

Lot Size 7,432 Sqft

Acres 0.1706

Property Description

We are pleased to present the opportunity to acquire 1475 W. 28th Street, a three (3) unit, eight (8) bedroom student housing investment, located in the prestigious DPS Patrol Zone, and just blocks to the University of Southern California (USC). This single-story building was constructed of wood frame and stucco on a raised foundation, featuring a total square footage of 2,597 SF. The expansive 7,430 SF lot allows an investor to add significant value to the property by demolishing the two detached back units, and constructing two (2) ADU's, each consisting of 4-bedrooms + 4-bathrooms (8-bedrooms + 8 bathrooms). The front single-family residence consists of 5-bedrooms + 3-bathrooms, with a total income of $6,500/month. The two detached units towards the back of the lot consists of a 1-bedroom + 1-bathroom unit ($975/month) & a 2-bedroom + 1-bathroom unit ($1,250/month). Priced at a current 6.5% Cap Rate excellent cash flow investment with potential upside in rents.

Location

State CA

County Los Angeles

Area Mid Los Angeles

Zoning LAR2

Rooms

Other Rooms None

Interior

Heating Other

Cooling Other

Equipment Range/Oven, Refrigerator, Other, Freezer, Garbage Disposal

Exterior

Parking Features Private, Other

Garage Spaces 4.0

Building

Story 1

Level or Stories One

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by KW Advisors

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Juliana McCormick

Realtor | RE.45715

+1(702) 202-9709

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1475 W 28th St