We are pleased to present a rare opportunity to acquire 1475 W. 28th Street, a three (3) unit, eight (8) bedroom student housing investment located in the highly sought-after DPS Patrol Zone, just blocks from the University of Southern California (USC). This single-story wood frame and stucco building sits on a raised foundation, offering 2,597 SF of living space on a generous 7,430 SF lot. The property is fully occupied by USC students and currently generates $7,743/month in income, with approximately 50% upside in potential rents. The front single-family residence features 5 bedrooms and 3 bathrooms, generating $5,500/month in income. This home has undergone a complete, high-end remodel with over $150,000 in capital improvements-delivering a true turn-key investment. From the sleek, modern kitchen and designer bathrooms to the upgraded flooring, windows, systems, and fixtures, every detail has been thoughtfully executed for lasting appeal and minimal deferred maintenance. Two detached units at the rear of the lot round out the offering: a 1-bedroom, 1-bathroom unit ($975/month) and a 2-bedroom, 1-bathroom unit ($1,268/month). Priced at a strong current 7% cap rate, this is an exceptional cash-flowing investment with significant rent growth potential in one of USC’s most in-demand rental submarkets-a compelling opportunity for investors seeking stable income today and meaningful upside tomorrow.
Property Details
Price:
$1,050,000
MLS #:
26959483
Status:
Active
Beds:
8
Baths:
5
Type:
Single Family
Neighborhood:
c16midlosangeles
Listed Date:
Sep 3, 2026
Finished Sq Ft:
2,597
Total Sq Ft:
2,597
Lot Size:
7,432 sqft / 0.17 acres (approx)
Year Built:
1922
See this Listing
Schools
Interior
Appliances
Disposal, Microwave, Refrigerator
Cooling
Electric
Heating
Electric, Heat Pump
Laundry Features
Washer Included, Dryer Included
Levels
One
Exterior
Other Structures
Shed(s)
Parking Features
Gated, Private
Parking Spots
2
Parking Total
2
Stories
1
Financial
Map
Community
- Address1475 W 28th ST Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90007
Subdivisions in Los Angeles
- #5666 lot 114
- 12471
- 32524
- ARLINGTON HEIGHTS TERRACE SUBDIVISION NO. 1
- Bel Air
- BEL AIR CREST
- Biscuit Company Lofts
- Brentwood Country Estates
- Canyon Shores
- Cedar Lodge
- Culver District 16
- Doheny Estates
- Elysian Valley
- Glen Terrace
- Gramercy Park
- Hacienda Tularosa
- Highland Park Extension
- Hollywood Dell
- Koreatown, Los Angeles
- Lago Vista
- Las Collinas Heights
- LE MOYNE TERRACES TRACT NO. 2
- Los Angeles Southwest C 34
- Lucile Court
- Metropolis
- Metropolis Residences
- Nelavida
- North Burbank Blvd./ South Oxnard St./ West Vinela
- Not Applicable – 1007242
- Not Applicable-105
- Ocean Park Villa
- OTHR
- Outpost Estates
- Palisades Country Estates
- Park Place
- Pickford Court
- Savoy
- Silver Strand
- Subdivision Name / Tract: 5609
- The Hollywood Residences
- THE LONGFORD
- The Los Feliz Oaks
- The Ritz Carlton Residences
- The Sanborn Collection
- TRACT NO 28826 CONDOMINIUM UNIT 6
- Tract No. 10636
- Tract No. 8131
- Tract. No. 1033
- Westmont WMON
- Winton & McLeods Figueroa Tract
Market Summary
Current real estate data for Single Family in Los Angeles as of Nov 07, 2026
5,157
Single Family Listed
101
Avg DOM
525
Avg $ / SqFt
$1,997,057
Avg List Price
Property Summary
- 1475 W 28th ST Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90007. It is listed for $1,050,000 and features 8 beds, 5 baths, and has approximately 2,597 square feet of living space, and was originally constructed in 1922. The current price per square foot is $404. The average price per square foot for Single Family listings in Los Angeles is $525. The average listing price for Single Family in Los Angeles is $1,997,057.
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1475 W 28th ST
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