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$1,525,000

Est. payment - /mo

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10 Beds

4 Baths

2,601 SqFt

Active

1454 W 28th St Los Angeles, CA 90007

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Norma Mardelli

norma@mardellirealestate.com +1(818) 400-3794

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,601 sqft

Price per Sqft $586

MLS Listing ID 26848685

Style Craftsman

Bedrooms 10

Year Built 1906

Lot Size 8,102 Sqft

Acres 0.186

Property Sub-Type Multi-Family

Property Description

We are pleased to present the opportunity to acquire 1454 W. 28th Street, a fully renovated 10-bedroom + 4-bathroom student housing investment located in the highly coveted West of Campus neighborhood within the DPS Patrol Zone. Just blocks from the University of Southern California, the property sits in one of the strongest student housing rental markets in Los Angeles, consistently achieving premium rents, full occupancy, and year-round tenant demand. The property generates $13,350 per month in gross income. Backed by a proven operational history, and strong in-place cash flow, the asset delivers immediate yield and stable income from day one. The offering consists of a beautifully upgraded two-story single-family residence featuring 10-bedrooms + 4-bathrooms, totaling approximately 2,601 rentable square feet on an 8,100 square foot lot. Adding to the investment appeal, the oversized 8,100 square foot lot presents a significant value-add opportunity. An investor may have the ability to construct two ADUs toward the rear of the lot, providing the potential to substantially increase cash flow and overall asset value over time. Operationally, the asset is exceptionally efficient, helping minimize landlord expenses and maximize net operating income. Priced at an in-place 8.0% cap rate and 9.5x GRM, the property combines immediate cash flow, low-maintenance ownership, and long-term upside in one of LA's most consistently performing rental markets.

Location

State CA

County Los Angeles

Area Mid Los Angeles

Zoning LAR2

Rooms

Other Rooms Shed(s), Other

Interior

Heating Other

Cooling Other

Flooring Vinyl Plank, Tile, Other

Equipment Range/Oven, Refrigerator, Washer, Other, Dryer, Freezer

Exterior

Parking Features Gated, Other

Garage Spaces 6.0

Building

Story 2

Architectural Style Craftsman

Level or Stories Two

Others

Special Listing Condition Standard

The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Keller Williams Hollywood Hills

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