1460 W 28th Street
Los Angeles, CA 90007 • 11 Bed • 7 Bath • 4,016 sq.ft.

Property summary

We are pleased to offer the opportunity to acquire two (2) student housing Single Family Residences, consisting of 11-bedrooms, located in the highly desirable DPS Patrol Zone, and walking distance to the University of Southern California (USC). The front Single-Family Residence was built in 1913, offering 6-bedrooms + 3-bathrooms. Fully occupied with USC students, this 2,508 SF home boasts hardwood floors, a spacious kitchen with island, in-unit washer/ dryer, and elegant touches throughout. Tenants pay for all gas, electricity, and water/trash.The 2nd Single family Residence was newly constructed in 2020, offering 5-bedrooms + 4-bathrooms, with a total rentable square footage of 1,508 SF. This brand-new construction house is also fully occupied with USC students, featuring brand new hardwood floors, stainless steel kitchen appliances, quartz counter tops, tiled showers with glass enclosures, in-unit washer & dryers, and high-end finishes throughout the units. Tenants pay for all gas, electricity, and water/trash.Combined with parental guarantees on leases and occupancy levels routinely achieving 100% for the school year, the asset represents a low-risk investment that is poised for continued growth and excellent operating fundamentals. The investment is 100% occupied with USC students, and fully leased for the year, with a gross income of $13,450/month. The expansive lot size allows an investor to add even more value to the property by constructing a 4-bedroom + 4-bathroom ADU to further increase cash-flow (about $5,000/month), generating an even higher yield/ net income at approximately $18,450/Month - $221,400/Year. Landlord expenses are significantly minimal as the tenants pay for all water, trash, gas & electricity Landlord only pays for taxes, insurance, landscaping, and if needed, general maintenance. Currently priced at a 6.5% cap rate & 12.5x GRM (not including an ADU). With an ADU, the investment would be approximately a 9.45% cap rate & 9x GRM. Buyer to conduct own due diligence regarding ADU and zoning. Please email listing agent for the executive summary/ financial analysis.

Days on market: 8

Listing updated: July 16, 2025 - 12:06:07

Property details

Property ID
25562037
Size
4016 sq.ft.
Home Type
Residential Income
Year Built
1906
Property Size
0.1705 acre
Garage
Levels
2
Spa
No
Patio
No
Basement
No
View
No
Pool
No

Listed by: Davis Saadian DRE #01921748 310-623-1300, Keller Williams Hollywood Hills - Beverly Hills/Greater LA

Source: Beverly Hills/Greater LA, MLS#: CLW-X7252101 Originating MLS: CRMLS

Interior information

Rooms
Bathrooms
7
Kitchen
Dishwasher, Disposal, Microwave, Refrigerator, Vented Exhaust Fan, Dryer, Washer
Cooling
Dual
Heating
Central
Flooring
Wood
Laundry
Outside, See Remarks
$2,035,000
Property price
Make an offer
Savings estimator
Revesty savings: $72K
Calculate your
savings
Mortgage estimator
Est.: $8,140/mo
Calculate monthly
payments
Have questions about this property?
Working hours: Monday to Friday 9:00am - 6:00pm (PST)

More Properties

3042 Cruise Circle
Paso Robles, CA 93446
$369,000
2 Bed • 2 Bath • 1,200 sq.ft.
View details
9525 Cambria Court
Phelan, CA 92371
$612,999
4 Bed • 4 Bath • 2,548 sq.ft.
View details
6665 Long Beach Boulevard J25
Long Beach, CA 90805
$160,000
3 Bed • 1 Bath • 1,056 sq.ft.
View details
CRMLS logo

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Based on information from California Regional Multiple Listing Service, Inc. as of 2025-08-03 15:00:33 PST and /or other sources. 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.

Get your home valuation estimate

REVESTY estimates are powered by MLS data, the most accurate and reliable source in the industry. Enter your address and get a precise home value estimate from a REVESTY agent.

clock icon

We will contact you within 3 hours.

Thank you for your patience.