Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
3,572 sqft

$2,450,000

1188 W 28th, Los Angeles CA, 90007

Price per sqft$685.89
Built in1902
Property size3,572 sqft
Property typeResidential
Listed by Gina Ma CA DRE# 01426061 with IRN Realty 626-215-5788

Overview

Active

Listed Jun 29, 2026

Updated 4 weeks ago

If you know USC, you know this is truly Best Location Ever!! Not only the Location, but also the Lot size almost 9000 s.f.!!! Soo rare to find! ADU possibility!! Buyer to verify!! This is Both Investors' and Students' dreaming location for Value-add USC off Campus Student Housing Investment Opportunity! Must check out this location!!! Only 2 blocks away North of USC village, mins walking to USC!!! Located in highly Desirable USC DPS Safety Patrol Zone. 100% Fully occupied by USC students with parental guarantees on leases, and all rooms pre-leased for the upcoming 2026-2027 school year with USC students already. Currently collecting gross rents of $12,500/month which is way not high enough at that location due to seller's limited time on managing. Highly demanding...easy access to all USC's landmarks, academic buildings, and entertainment options. Zoning LARD1.5, possibility building more units and/or ADU in the back huge yard! The property is approximately 3572 s.f., 8712 s.f. lot, 13 bed, 8 bath, living rooms, and on-site laundry room...This property has charming turn of the century details that you will adore. As a bonus, this Property offers about 8 PRIVATE PARKING SPACES which are the the students favorites. The asset represents a low-risk investment that is poised for continued growth and excellent operating fundamentals. The property should be collecting gross rents around $18K/month, then GRM should be around 9. Don't miss !

$16,300/mo

Est. mortgage payment based on a $2,450,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
AR26141332

Interior Features

Basement
No

Exterior Features

Lot Size
0.2 Acres

Other Property Details

Maintenance Expense
$1,400
Garage
Yes
55+/Senior Community
No
MLS provider logo

Listed by Gina Ma CA DRE# 01426061 with IRN Realty 626-215-5788

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 9/4/2026. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 9/4/2026 at 7:33 AM UTC Last Checked: 7:33 AM UTC

 

 

Powered by Luxury Presence