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$2,900,000
Listing Price16beds
11baths
2,348sqft
7,425sqft lot
1420 W 28th St, Los Angeles, CA 90007
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
*This property is part of the Prime Student Housing Portfolio - May be purchased separately or together.* Turnkey student housing opportunity just blocks from USC, featuring three fully detached buildings with a total of 16 bedrooms and the potential to house up to 32 tenants. The front duplex, originally built in 1905, underwent a full renovation in 2019 with modern systems, updated interiors, and ideal layouts for student living. Two rear ADUs, built in 2022, offer townhome-style 4 bed/3 bath units with premium finishes and efficient designs. The outdoor common area was upgraded in 2024 with turf, stamped concrete, BBQ grill, seating, and bike racks, creating a secure and welcoming space for tenants. With a strong 7.0% CAP rate, minimal deferred maintenance, and prime location within the USC DPS Patrol Zone, this property offers strong in-place income and long-term upside. Just a short walk to USC campus, USC Village, and public transit, this is a high-demand, low-maintenance investment in the heart of Los Angeles.
Interior Details
2348
16
11
Has Heating:
No
Heating Type:
N/A
Has Cooling:
Yes
Cooling Type:
Refrigerator
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
7425
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
Duplex Single
N/A
N/A
N/A
N/A
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2019
$886
$714,000
$146,880
--%
$860,880
2019
$886
$520,200
$249,696
--%
$769,896
2018
$5,723
$340,336
$113,442
--%
$453,778
2017
$5,604
$333,663
$111,218
--%
$444,881
2016
$5,459
$327,121
$109,038
--%
$436,159
2014
$5,413
$315,897
$105,298
--%
$421,195
2013
$5,407
$314,470
$104,823
--%
$419,293
2012
$5,311
$308,304
$102,768
--%
$411,072
Average Home Price in 90007
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In August 2024, LA’s pre-foreclosures plummeted 50% from July and 60% from last year, suggesting better economic conditions or successful homeowner interventions. Similar trends in San Jose, while SF and SD remain stable. Sacramento shows significant improvement. LA’s efforts stand out. #HousingMarket #LosAngeles


