We are pleased to present the opportunity to acquire 1475 W. 28th Street, a three (3) unit, eight (8) bedroom student housing investment, located in the prestigious DPS Patrol Zone, and just a couple blocks to the University of Southern California (USC). This single-story building was constructed of wood frame and stucco on a raised foundation, featuring a total square footage of 2,597 SF on a 7,430 SF Lot. Current income is $7,743/month. The front single-family residence consists of 5-bedrooms + 3-bathrooms, with a total income of $5,500/month, fully occupied with USC students. The front house has been completely remodeled and thoughtfully upgraded with over $150,000 in capital improvements. Featuring modern finishes, updated systems, and designer touches throughout, this home is in excellent, turn-key condition. From the sleek kitchen and stylish bathrooms to the upgraded flooring, windows, and fixtures, every detail has been meticulously updated to offer both comfort and contemporary appeal. The two detached units towards the back of the lot consists of a 1-bedroom + 1-bathroom unit ($975/month) & a 2-bedroom + 1-bathroom unit ($1,268/month). Priced at a current 6.1% Cap Rate excellent cash flow investment with approximately 50% upside in potential rents. Bring all offers - Please email the listing agent for the executive summary/ financial analysis.

Listing courtesy of Davis Saadian of Keller Williams Hollywood Hills

Based on information from the The MLS as of 2025-12-21 05:03 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.