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
GD, MW, RF
Cooling
ELC
Heating
ELC, HP
Laundry Features
DINC, WINC
Levels
A
Exterior
Other Structures
SH
Parking Spots
2
Parking Total
2
Financial
Map
Community
- Address1475 W 28th ST Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90007
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Sep 06, 2026
7,578
Single Family Listed
88
Avg DOM
419
Avg $ / SqFt
$1,553,633
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 $419. The average listing price for Single Family in Los Angeles is $1,553,633.
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