1449 W 28th Street, Los Angeles, CA 90007
Local realty services provided by:ERA North Orange County Real Estate
1449 W 28th Street,Los Angeles, CA 90007
$1,495,000
- 11 Beds
- 7 Baths
- 3,287 sq. ft.
- Multi-family
- Active
Listed by: davis saadian
Office: keller williams hollywood hills310-623-1300
MLS#:26834529
Source:CRMLS
Price summary
- Price:$1,495,000
- Price per sq. ft.:$454.82
About this home
We are pleased to present the opportunity to acquire 1449 W. 28th Street, a fully renovated 11-bedroom + 7-bathroom student housing investment located in the highly coveted West of Campus neighborhood within the USC DPS Patrol Zone. Just blocks from the University of Southern California, the property sits in one of the strongest student housing rental markets in Los Angeles, consistently achieving premium rents, full occupancy, and year-round tenant demand. Currently occupied by USC students, the property generates slightly above $11,000 per month in gross income. Backed by a proven operational history, parental guarantees, and strong in-place cash flow, the asset delivers immediate yield and stable income from day one. The offering consists of a beautifully upgraded 1903 Craftsman single family residence with 7-bedrooms + 4-bathrooms, paired with a newer detached ADU built in 2019, featuring 4-bedrooms + 3-bathrooms. Together, the structures total approximately 3,287 rentable square feet on a 6,754 square foot lot. Both structures have undergone extensive renovations with modern, high-end finishes throughout, including hardwood flooring, updated countertops, stainless steel appliances, tiled showers with glass enclosures, in-unit washers and dryers, furnished bedrooms, fully updated kitchens and bathrooms, recessed lighting, and contemporary fixtures. Operationally, the asset is exceptionally efficient. Tenants are responsible for all utilities, including gas, water, trash, and electricity, helping minimize landlord expenses and maximize net operating income. Priced at a 7% cap rate and 11x GRM, the property combines immediate cash flow, low-maintenance ownership, and long-term upside in one of LA's most consistently performing rental markets....
Contact an agent
Home facts
- Year built:1903
- Listing ID #:26834529
- Added:45 day(s) ago
- Updated:June 29, 2026 at 01:44 PM
Rooms and interior
- Bedrooms:11
- Total bathrooms:7
- Kitchen Description:Dishwasher, Refrigerator, Washer
- Living area:3,287 sq. ft.
Structure and exterior
- Year built:1903
- Building area:3,287 sq. ft.
- Lot area:0.16 Acres
- Architectural Style:Craftsman
- Levels:2 Story
Finances and disclosures
- Price:$1,495,000
- Price per sq. ft.:$454.82
Features and amenities
- Appliances:Dishwasher, Dryer, Refrigerator, Washer
- Laundry features:Dryer, Inside, Washer
Parking
- Total parking spaces:5
- Parking description:Driveway
New listings near 1449 W 28th Street
- New
$2,695,000Active5 beds 6 baths3,766 sq. ft.8400 White Oak, Northridge, CA 91325
MLS# SR26141244Listed by: RODEO REALTY - New
$565,000Active1 beds 1 baths600 sq. ft.3495 Amethyst, Los Angeles, CA 90032
MLS# WS26140607Listed by: SILVA REAL ESTATE GRP. - New
$699,000Active2 beds 2 baths947 W 60th, Los Angeles, CA 90044
MLS# SR26141004Listed by: REAL BROKERAGE TECHNOLOGIES, INC. - New
$799,000Active3 beds 2 baths1,321 sq. ft.20309 Roscoe, Winnetka, CA 91306
MLS# SR26139835Listed by: TITUS REALTY, INC. - New
$849,900Active2 beds 2 baths1,871 sq. ft.4477 Woodman Avenue #305, Sherman Oaks, CA 91423
MLS# SR26140450Listed by: CONDO PROS REALTY - Open Fri, 4 to 6pmNew
$400,000Active2 beds 2 baths864 sq. ft.13126 Bromont #1, Sylmar, CA 91342
MLS# SR26141183Listed by: JOHNHART REAL ESTATE - New
$389,000Active2 beds 1 baths864 sq. ft.13100 Bromont Avenue #11, Sylmar, CA 91342
MLS# SR26141193Listed by: JOHNHART REAL ESTATE - New
$389,000Active2 beds 1 baths864 sq. ft.13100 Bromont Avenue #46, Sylmar, CA 91342
MLS# SR26141200Listed by: JOHNHART REAL ESTATE - New
$725,000Active4 beds 2 baths1,811 sq. ft.1411 Mitchell Place, Los Angeles, CA 90033
MLS# TR26140261Listed by: HOMEQUEST REAL ESTATE - Open Tue, 11am to 2pmNew
$1,650,000Active3 beds 4 baths1,900 sq. ft.2528 Hutton Drive, Beverly Hills, CA 90210
MLS# 26851663Listed by: COLDWELL BANKER REALTY