1143 W 28th, Los Angeles, CA 90007
1143 W 28th, Los Angeles, CA 90007
1143 W 28th, Los Angeles, CA 90007
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$2,598,000
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8 Beds
8 Baths
8,483 Sqft Lot
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1143 W 28th Los Angeles, CA 90007

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB26167564

Bedrooms 8

Lot Size 8,483 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

The Stiegler | Takahashi Group is 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 Californias premier student housing markets, this is an exceptional value-add investment opportunity.

Location

State CA

County Los Angeles

Zoning Assessor

Direction North of W. Jefferson Blvd, South of W. Adams Blvd, East of Vermont Ave, West of Figueroa St. Located just a few blocks west of

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 5055027021

Acceptable Financing Cash, Conventional, Exchange

Listing Terms Cash, Conventional, Exchange


MLS Router / San Diego MLS
Listed by John Stiegler II, DRE#01981597 Lyon Stahl Investment Real Estate, Inc. 

NEARBY SCHOOL & BUSINESS

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Abigail Villa

Abigail Villa

Operations Manager | Sales Agent | License ID: 02192865

+1(805) 757-4395

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1143 W 28th