1455 W 28th St
Los Angeles, CA 90007
12 Beds7 Baths3,583 Sq Ft72 Days on Market
For Sale $1,850,000
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Courtesy of Keller Williams Beverly Hills
Listing Agent & Comments
Adam Shamooelian • Keller Williams Beverly Hills
310-658-2668 • Adam@shamooeliangroup.com License #02116849We are pleased to offer the opportunity to acquire this high yield 7.71% Cap three (3) unit, 12 bedroom + 7 bathroom Student Housing investment opportunity, located in the highly desirable DPS Patrol Zone, and walking distance to the University of Southern California (USC). The property is approximately 3,583 rentable square feet on a 5,672 square foot lot. The property has two (2) separate structures, with a unit mix of a duplex in the front comprising of 5 bedroom + 3 bathroom units. As well as an additional structure in the rear consisting of a 2 bedroom + 1 bathroom unit (non-conforming). All three units have been remodeled in 2021, with brand new flooring, updated electrical, brand new mini-split AC systems, brand new kitchens, and an in-unit washer & dryer. The investment is 100% occupied with USC students and fully leased for the 2024-2025 academic school year. Combined with parental guarantees on leases and occupancy levels routinely achieving 100% for the school year, the asset represents a low-risk lease investment that is poised for continued growth and excellent operating fundamentals. The property is currently grossing $14,240 per month with the tenants paying for all utilities of the property including Water/Gas/Electric. In addition, there's an excellent value-add opportunity to construct an ADU, and further increase cash flow for any investor (Buyer to Verify).
MLS# 24413225 • Data provided by CRMLS
Living Area | 3,583 Sq.Ft. |
---|---|
Lot Size | 5,672 Sq.Ft. |
Total Rooms | -- |
Bedrooms | 12 |
Bathrooms | 7 |
Stories | 2 |
Year Built | 1910 |
Property Type | Multi Family |
Zoning | LAR2 |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2023 |
Tax Amount | $12,293 |
Property in Flood Zone | -- |
Data provided by CRMLS.
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More Information On This Home
This home's estimated value
$1,788,058
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties
New
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HouseCanary, Inc. Brokerage
1455 W 28th St., Los Angeles, CA 90007
Multi Family12 Beds7 Baths3,583 Sq Ft72 Days on Market
Listing Agent & Comments
Adam Shamooelian • Keller Williams Beverly Hills
310-658-2668 • Adam@shamooeliangroup.com License #02116849We are pleased to offer the opportunity to acquire this high yield 7.71% Cap three (3) unit, 12 bedroom + 7 bathroom Student Housing investment opportunity, located in the highly desirable DPS Patrol Zone, and walking distance to the University of Southern California (USC). The property is approximately 3,583 rentable square feet on a 5,672 square foot lot. The property has two (2) separate structures, with a unit mix of a duplex in the front comprising of 5 bedroom + 3 bathroom units. As well as an additional structure in the rear consisting of a 2 bedroom + 1 bathroom unit (non-conforming). All three units have been remodeled in 2021, with brand new flooring, updated electrical, brand new mini-split AC systems, brand new kitchens, and an in-unit washer & dryer. The investment is 100% occupied with USC students and fully leased for the 2024-2025 academic school year. Combined with parental guarantees on leases and occupancy levels routinely achieving 100% for the school year, the asset represents a low-risk lease investment that is poised for continued growth and excellent operating fundamentals. The property is currently grossing $14,240 per month with the tenants paying for all utilities of the property including Water/Gas/Electric. In addition, there's an excellent value-add opportunity to construct an ADU, and further increase cash flow for any investor (Buyer to Verify).
MLS# 24413225 • Data provided by CRMLS
Living Area | 3,583 Sq.Ft. |
---|---|
Lot Size | 5,672 Sq.Ft. |
Total Rooms | -- |
Bedrooms | 12 |
Bathrooms | 7 |
Stories | 2 |
Year Built | 1910 |
Property Type | Multi Family |
Zoning | LAR2 |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2023 |
Tax Amount | $12,293 |
Property in Flood Zone | -- |
Data provided by CRMLS.
We’ll connect you with top agents in your area.
This property is missing data for:
Comparable properties
New
Do you own this home?
Access your homeowner dashboard
For Sale $1,850,000
Request tour
Save
Courtesy of Keller Williams Beverly Hills
1455 W 28th St
Los Angeles, CA 90007
12 Beds7 Baths3,583 Sq Ft72 Days on Market
Listing Agent & Comments
Adam Shamooelian • Keller Williams Beverly Hills
310-658-2668 • Adam@shamooeliangroup.com License #02116849We are pleased to offer the opportunity to acquire this high yield 7.71% Cap three (3) unit, 12 bedroom + 7 bathroom Student Housing investment opportunity, located in the highly desirable DPS Patrol Zone, and walking distance to the University of Southern California (USC). The property is approximately 3,583 rentable square feet on a 5,672 square foot lot. The property has two (2) separate structures, with a unit mix of a duplex in the front comprising of 5 bedroom + 3 bathroom units. As well as an additional structure in the rear consisting of a 2 bedroom + 1 bathroom unit (non-conforming). All three units have been remodeled in 2021, with brand new flooring, updated electrical, brand new mini-split AC systems, brand new kitchens, and an in-unit washer & dryer. The investment is 100% occupied with USC students and fully leased for the 2024-2025 academic school year. Combined with parental guarantees on leases and occupancy levels routinely achieving 100% for the school year, the asset represents a low-risk lease investment that is poised for continued growth and excellent operating fundamentals. The property is currently grossing $14,240 per month with the tenants paying for all utilities of the property including Water/Gas/Electric. In addition, there's an excellent value-add opportunity to construct an ADU, and further increase cash flow for any investor (Buyer to Verify).
MLS# 24413225 • Data provided by CRMLS
Living Area | 3,583 Sq.Ft. |
---|---|
Lot Size | 5,672 Sq.Ft. |
Total Rooms | -- |
Bedrooms | 12 |
Bathrooms | 7 |
Stories | 2 |
Year Built | 1910 |
Property Type | Multi Family |
Zoning | LAR2 |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2023 |
Tax Amount | $12,293 |
Property in Flood Zone | -- |
Data provided by CRMLS.
We’ll connect you with top agents in your area.
More Information On This Home
This home's estimated value
$1,788,058
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties
New
Do you own this home?
Access your homeowner dashboard
For Sale $1,850,000
Request tour
Save
Courtesy of Keller Williams Beverly Hills