Los Angeles, CA 90007 1420 W 28th Street

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Presented By: Michael R. Fukushima with Keller Williams Los Angeles;
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# 25546699
  • 06/04/2025
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 16
  • Baths • 11
  • SQFT • 4,748

Home Details

*This property is part of the Prime Student Housing Portfolio - May be purchased separately or together.* Turnkey student housing opportunity just blocks from USC, featuring three fully detached buildings with a total of 16 bedrooms and the potential to house up to 32 tenants. The front duplex, originally built in 1905, underwent a full renovation in 2019 with modern systems, updated interiors, and ideal layouts for student living. Two rear ADUs, built in 2022, offer townhome-style 4 bed/3 bath units with premium finishes and efficient designs. The outdoor common area was upgraded in 2024 with turf, stamped concrete, BBQ grill, seating, and bike racks, creating a secure and welcoming space for tenants. With a strong 7.0% CAP rate, minimal deferred maintenance, and prime location within the USC DPS Patrol Zone, this property offers strong in-place income and long-term upside. Just a short walk to USC campus, USC Village, and public transit, this is a high-demand, low-maintenance investment in the heart of Los Angeles.
Presented By: Michael R. Fukushima with Keller Williams Los Angeles;

Interior Features for 1420 W 28th Street

Bedrooms

Total Bedrooms16

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths11

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
Total Stories

General for 1420 W 28th Street

Additional Parcels Y/NNo
Attached Garage No
Cap Rate7.0
Carport Y/NNo
CityLos Angeles
Community FeaturesGated
CountyLos Angeles
DirectionsFrom Downtown LA, start on Harbor Freeway and take the exit onto I-10 West. Keep right toward the California Science Center, then keep right onto Vermont Ave. Turn left onto S Vermont Ave, and turn righ
Full Baths
Garage Y/NNo
Gross Income275460.0
HOANo
HeatingNone
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsMultiSplit
Lot Size Square Feet7427.0
Lot Size UnitsSquareFeet
MLS AreaC16 - Mid Los Angeles
MobileHomeRemainsYNNo
Net Operating Income201587.0
New ConstructionNo
Number Of Units Total4
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NYes
Security FeaturesGatedCommunity
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Year Built1905
ZoningLAR2

Exterior for 1420 W 28th Street

Building Area Total4748.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1705
Lot Size Area7427.0
Number of Buildings3
Parking FeaturesGated
Private PoolNo
SpaNo
Total Parking4.0
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $2,900,000
MLS#25546699
List Date 06/04/2025
Property Type Multi-Family
Phone 714.742.6515
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