We are pleased to offer the opportunity to acquire two (2) student housing Single Family Residences, consisting of 11-bedrooms, located in the highly desirable DPS Patrol Zone, and walking distance to the University of Southern California (USC). The front Single-Family Residence was built in 1913, offering 6-bedrooms + 3-bathrooms. Fully occupied with USC students, this 2,508 SF home boasts hardwood floors, a spacious kitchen with island, in-unit washer/ dryer, and elegant touches throughout. Tenants pay for all gas, electricity, and water/trash.The 2nd Single family Residence was newly constructed in 2020, offering 5-bedrooms + 4-bathrooms, with a total rentable square footage of 1,508 SF. This brand-new construction house is also fully occupied with USC students, featuring brand new hardwood floors, stainless steel kitchen appliances, quartz counter tops, tiled showers with glass enclosures, in-unit washer & dryers, and high-end finishes throughout the units. Tenants pay for all gas, electricity, and water/trash.Combined with parental guarantees on leases and occupancy levels routinely achieving 100% for the school year, the asset represents a low-risk investment that is poised for continued growth and excellent operating fundamentals. The investment is 100% occupied with USC students, and fully leased for the year, with a gross income of $13,450/month. The expansive lot size allows an investor to add even more value to the property by constructing a 4-bedroom + 4-bathroom ADU to further increase cash-flow (about $5,000/month), generating an even higher yield/ net income at approximately $18,450/Month – $221,400/Year. Landlord expenses are significantly minimal as the tenants pay for all water, trash, gas & electricity Landlord only pays for taxes, insurance, landscaping, and if needed, general maintenance. Currently priced at a 6.5% cap rate & 12.5x GRM (not including an ADU). With an ADU, the investment would be approximately a 9.45% cap rate & 9x GRM. Buyer to conduct own due diligence regarding ADU and zoning. Please email listing agent for the executive summary/ financial analysis.
Property Details
Price:
$2,035,000
MLS #:
25562037
Status:
Active
Baths:
0
Type:
Residential Income
Neighborhood:
c16midlosangeles
Listed Date:
Jul 8, 2025
Lot Size:
7,427 sqft / 0.17 acres (approx)
Year Built:
1906
See this Listing
Schools
Interior
Appliances
Dishwasher, Disposal, Microwave, Refrigerator, Vented Exhaust Fan
Cooling
Dual
Flooring
Wood
Heating
Central
Laundry Features
Washer Included, Dryer Included, See Remarks, Outside
Exterior
Parking Features
Concrete, Driveway – Combination
Parking Spots
5.00
Financial
Map
Community
- Address1460 W 28th Street Los Angeles CA
- NeighborhoodC16 – Mid Los Angeles
- CityLos Angeles
- CountyLos Angeles
- Zip Code90007
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- 1788
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- Not Applicable – 1007242
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Market Summary
Current real estate data for Residential Income in Los Angeles as of Oct 23, 2025
1,650
Residential Income Listed
212
Avg DOM
$1,943,637
Avg List Price
Property Summary
- 1460 W 28th Street Los Angeles CA is a Residential Income for sale in Los Angeles, CA, 90007. It is listed for $2,035,000
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1460 W 28th Street
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