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For SaleLuxury

$2,449,000

8,481 sqft$289/sqft97 days on market

1143 W 28th ST

Los Angeles, CA 90007

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

8,481

Square feet

1959

Built

Listing narrative

Description

We are pleased to present 1143 W. 28th Street, an exceptional 8-unit student housing investment opportunity located just blocks from the University of Southern California (USC) within the highly desirable USC Department of Public Safety (DPS) Patrol Zone. The property features eight spacious 2-bedroom, 1.5-bath units, with six units to be delivered vacant at the close of escrow, providing a rare opportunity for immediate lease-up at market rents and significant upside in cash flow. The property has also benefited from numerous capital improvements, including a new roof, copper re-pipe, PVC main sewer line replacement, upgraded electrical panel, new on-site laundry facility, asphalt resurfacing, and select interior renovations. Combining strong rental upside, substantial recent improvements, and an outstanding location in one of Southern California’s premier student housing markets, this is an exceptional value-add investment opportunity.

Listing agent (MLS): John Stiegler II · Listing brokerage (MLS): Lyon Stahl Investment Real Estate, Inc.

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$2,449,000

Beds

Beds n/a

Type

Condo

Home Size

8,481 sqft

Baths

Baths n/a

Lot Size

0.19 acres

Year

1959

Status

For Sale

Days on Market

97

$ / Sqft

$289

· 8% down, 7% APR, 30yr fixed
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Courtesy of Lyon Stahl Investment Real Estate, Inc.