
Los Angeles, California 90007
Analysis of 1454 W 28th Street, Los Angeles, California 90007 is currently available with a list price of $1,395,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
Although originally built in 1906, the property has been fully renovated with modern finishes including new laminate flooring, updated bathrooms with contemporary tile, and the installation of modern mini-split HVAC systems. The interior and exterior appear to be in mint, move-in-ready condition consistent with a renovation completed within the last 5 years.
Situated in the coveted West of Campus neighborhood and within the USC DPS Patrol Zone, the property benefits from high tenant demand and enhanced security, ensuring consistent occupancy.
With an 8.0% cap rate and 9.5x GRM, the asset delivers a robust $13,350 monthly gross income, offering immediate high-yield cash flow that outperforms many Los Angeles investments.
The oversized 8,100 square foot lot provides a rare opportunity to construct two additional ADUs at the rear, allowing for substantial increases in both rental income and overall property valuation.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 10, other record bedroom count = 4.
The property was recently sold within the past year on 2025-08-26. The sold price is $1,025,000.00.
Housing 10 bedrooms within 2,601 square feet results in a high-density living environment, which may lead to accelerated wear and tear on common areas and the four shared bathrooms.
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 9.0% cap rate and 8.7x GRM, the property combines immediate cash flow, low-maintenance ownership, and long-term upside in one of LA's most consistently performing rental markets.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 10.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,601 | 1,672 |
| Lot Size | 8,102 | 6,067 |
| Price | $1.40M | $1.37M |
| Price per sq ft | $536 | $801 |
| Built year | 1906 | 1939 |
| HOA | $0 | $348 |
| Days on market | 35 | 56 |
Jul 11, 2026
$1,395,000
$1,525,000
-9% Price Drop
Initial Listing
Jun 17, 2026
$1,525,000
Initial Listing
Aug 26, 2025
$1,025,000
Public Record