We are pleased to present 1143 W. 28th Street, an exceptional 8-unit student housing investment opportunity located just blocks from the University of Southern California (USC) within the highly desirable USC Department of Public Safety (DPS) Patrol Zone. The property features eight spacious 2-bedroom, 1.5-bath units, with six units to be delivered vacant at the close of escrow, providing a rare opportunity for immediate lease-up at market rents and significant upside in cash flow. The property has also benefited from numerous capital improvements, including a new roof, copper re-pipe, PVC main sewer line replacement, upgraded electrical panel, new on-site laundry facility, asphalt resurfacing, and select interior renovations. Combining strong rental upside, substantial recent improvements, and an outstanding location in one of Southern California's premier student housing markets, this is an exceptional value-add investment opportunity.
| MLS # | SB26167564 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Active |
| Year | 1959 |
| Days On Site | 40 |
| Listing Provided By | Lyon Stahl Investment Real Estate, Inc. | John Stiegler II |
| SQ Feet | 5,330 |
|---|---|
| Story(s) | 2 |
| Units | 8 |
| Building(s) | 1 |
| Acreage | 0.19 |
| Lot Features | Rectangular Lot |
|---|
| Garage Yes / No | No |
|---|
| Sewer | Public Sewer |
|---|
| Community Features | Biking, Curbs, Gutters, Storm Drains, Sidewalks |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90007 |
| Area | C16 Mid Los Angeles |
| Listing VS Median (in 90007) | |
Price: $2,598,000 low | high Med: $525,000 sqft: 5,330 low | high Med: 1,341 $ / sqft: $487 low | high Med: $391 On site: 40 low | high Med: 119 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90007 |
| Area | C16 Mid Los Angeles |
| Listing VS Median (in 90007) | |
Price: $2,598,000 low | high Med: $525,000 sqft: 5,330 low | high Med: 1,341 $ / sqft: $487 low | high Med: $391 On site: 40 low | high Med: 119 | |
![]() | $2,450,0001188 W 28thLos Angeles, CA 90007 |
![]() | $2,450,0001188 W 28thLos Angeles, CA 90007 |