1188 W 28th, Los Angeles, CA 90007
Local realty services provided by:CENTURY 21 LOTUS
1188 W 28th,Los Angeles, CA 90007
$2,450,000
- 13 Beds
- 8 Baths
- 3,572 sq. ft.
- Single family
- Active
Listed by: gina ma
Office: irn realty626-447-5100
MLS#:AR26134176
Source:CRMLS
Price summary
- Price:$2,450,000
- Price per sq. ft.:$685.89
About this home
If you know USC, you know this is truly Best Location Ever!! 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 !...
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Home facts
- Year built:1902
- Listing ID #:AR26134176
- Added:1 day(s) ago
- Updated:June 21, 2026 at 03:34 AM
Rooms and interior
- Bedrooms:13
- Total bathrooms:8
- Full bathrooms:8
- Basement:Yes
- Living area:3,572 sq. ft.
Heating and cooling
- Cooling:Wall Window Units
Structure and exterior
- Year built:1902
- Building area:3,572 sq. ft.
- Lot area:0.2 Acres
- Lot Features:Yard
- Levels:2 Story
Finances and disclosures
- Price:$2,450,000
- Price per sq. ft.:$685.89
Features and amenities
- Laundry features:Inside
Parking
- Total parking spaces:1
- Garage:Yes
- Garage spaces:1
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