1188 W 28th ST, Los Angeles, CA 90007 (MLS # AR26141332)
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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 !
| DAYS ON MARKET | 1 | LAST UPDATED | 6/29/2026 |
|---|---|---|---|
| YEAR BUILT | 1902 | COMMUNITY | C16 - Mid Los Angeles |
| GARAGE SPACES | 1.0 | COUNTY | Los Angeles |
| STATUS | Active | PROPERTY TYPE(S) | Residential Income |
| ADDITIONAL DETAILS | |
| AREA | C16 - Mid Los Angeles |
|---|---|
| GARAGE | Yes |
| LOT | 8712 sq ft |
| LOT DESCRIPTION | Sprinklers In Front |
| LOT DIMENSIONS | 8712 |
| POOL DESCRIPTION | None |
| SEWER | Unknown |
| STORIES | 2 |
| WATER | See Remarks |
TOTAL MONTHLY PAYMENT
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Based on information from California Regional Multiple Listing Service, Inc. as of 6/29/26 4:48 PM PDT 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 broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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