*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.
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.