This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
1475 W 28th St, Los Angeles, CA 90007
$1,000,000
1475 W 28th St, Los Angeles, CA 90007View this property at 1475 W 28th St, Los Angeles, CA 90007
1475 W 28th StLos AngelesCA90007
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
We are pleased to offer the opportunity to acquire this three (3) unit, six (6) bedroom + four (4) bathroom value-add student housing investment, located in the DPS Patrol Zone and walking distance to the University of Southern California (USC). The property is approximately 2,597 rentable square feet on a 7,430 square foot lot, with a unit mix consisting of one (1) vacant 3-bedroom + 2-bathroom unit, one (1) 2-bedroom + 1-bathroom unit, and one (1) 1-bedroom + 1-bathroom unit. The vacant unit allows an investor the opportunity to implement interior renovations, update/remodel the unit, rent to USC students, and achieve market rents. The other two units are currently not leased to students, and there's over 50% potential upside in rental income. To further increase cash flow, the lot size allows an investor the opportunity to construct an Accessory Dwelling unit (ADU). The property offers residents a highly desirable location, within the DPS Patrol Zone, and walking distance to campus and University Village - providing easy access to all of USC's landmarks, academic buildings, and entertainment options.
Full Property Details
Full Property Details for 1475 W 28th St
General
- Sold For: $1,000,000
- Status: Closed
- Type: Multi-Family
- MLS ID: 22-167677
- Added to Site: 691 day(s) ago
Rooms
Bedrooms
- Total Bedrooms: 6
Additional Information
- Other Features: Other, Shed(s), GuestHouse
Parking
- Garage Description: Other, Driveway, Private
Location
- Area: Mid Los Angeles
- County: Los Angeles
- Driving Directions: 1475 W. 28th Street, LA 90007
Heating & Cooling
- Cooling Type: Other
- Heating Type: Other
Structural Information
- # Buildings: 2
- Stories/Levels: 0
- Square Feet: 2,597
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1922
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 3
- Unit Type: 2106, 2107, 2108
Unit 1
- Total Bathrooms: 2
- Bedrooms: 3
Unit 2
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Total Bathrooms: 1
- Bedrooms: 2
Additional Structures
- Other Structures: Other, Shed(s), GuestHouse
Lot Features
- Lot Size (Acres): 0.1706
- Lot Size: 7430
- Lot Size Source: Vendor Enhanced
- Zoning: LAR2
Financial Considerations
- Price Per Sq. Ft.: $413.94
- Assessment Year: 1922
Disclosures and Reports
- Disclosures/Reports: As Is
- APN: 5054-031-019
Listed and Sold by Keller Williams Beverly Hills, Davis Saadian
Get Pre-Approved Today
Schools
Schools serving 1475 W 28th St
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
1435 W 27th St, Los Angeles, CA 90007 | K-5 | 0.1 mi | |
3751 S Harvard Blvd, Los Angeles, CA 90018 | K-12 | 1 mi | |
4131 S Vermont Ave, Los Angeles, CA 90037 | 9-12 | 1.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1475 W 28th St
Date
Details
Price
Change
Source
8/15/2022
Sold
$1,000,000
-6.98%
MLS
6/14/2022
Listed
$1,075,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1475 W 28th St, Los Angeles, CA 90007 (MLS# 22-167677) is a Multi-Family property that was sold at $1,000,000 on August 15, 2022. Want to learn more about 1475 W 28th St? Do you have questions about finding other Multi-Family real estate for sale in Adams-Normandie? You can browse all Adams-Normandie real estate or contact a Coldwell Banker agent to request more information.