1188 W 28th Overview
- Time on Site:
- 9 days
- Visits:
- 0
If you know USC, you know this is truly Best Location Ever!! Not only the Location, also the Lot size almost 9000 s.f.!!! 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 !
1188 W 28th Facts & Features
- Type Single Family
- Sq. ft. 3,572
- Price/Sq.ft. $686
- Lot 0.20 Acres
Details
General
Association/HOA
- Association: No
- Common Interest: None
School Information
- School District: Other
Building Information
- New Construction: No
- Year Built: 1902
Location/Region
- Country: US
- County Or Parish: Los Angeles
- MLS Area Major: C16 - Mid Los Angeles
- Postal City: LOS ANGELES
Community/Development
- Community Features: Sidewalks
Rent/Lease Information
- Land Lease: No
- Lease Considered: Yes
General Information
- Listing Terms: Cash,Cash to New Loan,Conventional,1031 Exchange
- Parcel Number: 5055028011
- Property Sub Type: Single Family Residence
- Property Type: Residential
- Senior Community: No
- Special Listing Conditions: Standard
Interior
Parking Information
- Garage Spaces: 1.0
- Garage: Yes
Beds/Baths
- Bathrooms Full: 8
- Bathrooms Total: 8
- Bedrooms Total: 13
General Information
- Basement: Yes
- Common Walls: No Common Walls
- Entry Level: 1
- Entry Location: front door
- Fireplace Features: Family Room
- Fireplace: Yes
- Interior Features: Bedroom on Main Level
- Laundry Features: Inside,Laundry Room
- Levels: Two
- Living Area: 3572.0
- Living Area Source: Assessor
- Living Area Units: Square Feet
- Main Level Bathrooms: 3
- Main Level Bedrooms: 7
- Stories: 2
- Stories Total: 2
Exterior
Parking Information
- Parking Total: 1.0
Lot Information
- Additional Parcels: No
- Lot Features: Yard
- Lot Size Acres: 0.2
- Lot Size Area: 8712.0
- Lot Size Source: Assessor
- Lot Size Square Feet: 8712.0
- Lot Size Units: Square Feet
- Elevation Units: Feet
- Water Source: Other
Waterfront/View
Building Exterior/Construction
- Attached Garage: No
- Property Attached: No
- Structure Type: House
General Information
- Number Of Units Total: 1
- Pool Features: None
- Pool Private: No
- Sewer: Unknown
1188 W 28th Neighborhood
Community
90007 (Los Angeles) Demographics
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.1188 W 28th Monthly Cost
1188 W 28th Market Data
Based on the last 30 days in this zip code
1188 W 28th History
| Date | Value | Agent |
|---|---|---|
| 6/29/2026Source: CRMLS | June 29, 2026 |
|
| 6/20/2026Source: CRMLS | June 20, 2026 |
Contact Information: 626-447-5100