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8 Beds
5 Baths
2,597 sqft

$1,050,000

1475 W 28th St, Los Angeles CA, 90007

Price per sqft$404.31
Built in1922
Property size2,597 sqft
Property typeMulti-family

Overview

Active

Listed Sep 3, 2026

Updated 8 days ago

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.

$6,986/mo

Est. mortgage payment based on a $1,050,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26959483

Interior Features

Bedrooms
8
Bathrooms
5
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.17 Acres

Listed by Davis Saadian with Keller Williams Hollywood Hills
Listing Contact: 310-402-8958 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Carolina Kramer | CA DRE# 02251338 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2026 Combined L.A./Westside MLS. All rights reserved.

Data last updated 9/28/2026

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