1492 W 28th Street, Los Angeles, CA 90007

Local realty services provided by:ERA North Orange County Real Estate
1492 W 28th Street,Los Angeles, CA 90007
$1,275,000
  • 16 Beds
  • 14 Baths
  • 1,557 sq. ft.
  • Single family
  • Active
Listed by: adam shamooelian, daniel shamooelian
Office: keller williams beverly hills
MLS#:25608435
Source:CRMLS

Price summary

  • Price:$1,275,000
  • Price per sq. ft.:$818.88

About this home

Price Reduced $175K! Welcome to 1492 W. 28th St, a premier investment & development opportunity located in the highly desirable DPS Patrol Zone, and walking distance to the University of Southern California (USC). This property is being offered with RTI (Ready-To-Issue) permits to build a brand-new 11-bedroom / 11-bathroom duplex in the rear, creating a rare opportunity to purchase and develop a prime student housing asset while generating rental income during construction(Projected 9.02% Cap Rate Post Completion). The existing 5-bedroom / 3-bathroom front house has been completely renovated with modern finishes and updated systems, and is currently leased at $6,000/month. Upon completion of the rear development, the property will total 16 bedrooms and 14 bathrooms, perfectly suited for student housing, co-living, or traditional rentals in one of LA's strongest rental markets. The approved plans feature large, well-designed bedrooms, each with its own ensuite bathroom, making the

Contact an agent

contact an agent

Yes, I would like more information from ERA®. Please use and/or share my information with an ERA affiliated agent to contact me about my real estate needs. By clicking Send message, I agree an ERA affiliated agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1903
  • Listing ID #:25608435
  • Added:56 day(s) ago
  • Updated:December 18, 2025 at 02:28 PM

Rooms and interior

  • Bedrooms:16
  • Total bathrooms:14
  • Full bathrooms:14
  • Living area:1,557 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central Furnace

Structure and exterior

  • Year built:1903
  • Building area:1,557 sq. ft.
  • Lot area:0.17 Acres

Finances and disclosures

  • Price:$1,275,000
  • Price per sq. ft.:$818.88
Based on information from California Regional Multiple Listing Service, Inc. as of December 18, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

New listings near 1492 W 28th Street