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1420 W 28th StreetLos Angeles, CA 90007

For Sale

$2,900,000

Smart Buyer Rebate $29,000

*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.

Listed by Michael R. Fukushima

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License #01380445

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Keller Williams Los Angeles

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818-321-6490

Listed by Stephen F. Watson

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License #01187813

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Keller Williams Los Angeles

Last updated August 26, 2025

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Source: CRMLS #25546699

Listing Facts

  • TypeMulti-family
  • NeighborhoodAdams - Normandie
  • Bedrooms16
  • Days on Prevu170
  • Size4,748 sqft
  • Price per sqft$611

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

10/28/2025
Status changed to Active
$2,900,000
10/21/2025
Status changed to Removed from Feed
$2,900,000
10/18/2025
Status changed to Active
$2,900,000
10/16/2025
Status changed to Removed from Feed
$2,900,000
10/04/2025
Status changed to Active
$2,900,000
10/03/2025
Status changed to Removed from Feed
$2,900,000
09/20/2025
Status changed to Active
$2,900,000
09/19/2025
Status changed to Removed from Feed
$2,900,000
09/18/2025
Status changed to Active
$2,900,000
09/17/2025
Status changed to Removed from Feed
$2,900,000
09/12/2025
Status changed to Active
$2,900,000
09/08/2025
Status changed to Removed from Feed
$2,900,000
09/07/2025
Status changed to Active
$2,900,000
09/05/2025
Status changed to Removed from Feed
$2,900,000
09/05/2025
Status changed to Active
$2,900,000
09/04/2025
Status changed to Removed from Feed
$2,900,000
07/24/2025
Status changed to Active
$2,900,000
07/23/2025
Status changed to Removed from Feed
$2,900,000
06/28/2025
Status changed to Active
$2,900,000
06/27/2025
Status changed to Removed from Feed
$2,900,000
06/02/2025
Listed by Keller Williams Los Angeles
$2,900,000

Property Details for 1420 W 28th Street

Association

Amenities

  • Community Features: Gated

Exterior

Construction

  • Number Of Units Total: 4
  • Year Built: 1905

Measurements

  • Building Area Total: 4,748
  • Lot Size Acres: 0.17
  • Lot Size Area: 7,427
  • Lot Size Square Feet: 7,427
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 7.0
  • Gross Income: $275,460.00

Taxes

  • Parcel Number: 5054033012

Interior

Measurements

  • Living Area: 4,748

Rooms

  • Bathrooms Total Integer: 11
  • Bedrooms Total: 16

Parking

Parking

  • Parking Features: Gated
  • Parking Total: 4

Based on information from California Regional Multiple Listing Service, Inc. 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 Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.