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Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
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1188 W 28th Los Angeles, CA 90007
$2,450,000 13 beds, 8 baths
3, 572 sqft
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Agent Remarks

If you know USC, you know this is truly Best Location Ever!! Not only the Location, also the Lot size almost 9000 s.f.!!! ADU possibility!! Buyer to verify!! This is Both Investors' and Students' dreaming location for Value-add USC off Campus Student Housing Investment Opportunity! Must check out this location!!! Only 2 blocks away North of USC village, mins walking to USC!!! Located in highly Desirable USC DPS Safety Patrol Zone. 100% Fully occupied by USC students with parental guarantees on leases, and all rooms pre-leased for the upcoming 2026-2027 school year with USC students already. Currently collecting gross rents of $12,500/month which is way not high enough at that location due to seller's limited time on managing. Highly demanding...easy access to all USC's landmarks, academic buildings, and entertainment options. Zoning LARD1.5, possibility building more units and/or ADU in the back huge yard! The property is approximately 3572 s.f., 8712 s.f. lot, 13 bed, 8 bath, living rooms, and on-site laundry room...This property has charming turn of the century details that you will adore. As a bonus, this Property offers about 8 PRIVATE PARKING SPACES which are the the students favorites. The asset represents a low-risk investment that is poised for continued growth and excellent operating fundamentals. The property should be collecting gross rents around $18K/month, then GRM should be around 9. Don't miss !

Listing Details

Property type: Single Family Residence (Single Family)
Status: Active Under Contract
MLS# AR26134176
List price is $2,450,000
HOA Fee is $0.00
Beds: 13
Baths: 8 (8 full)
Family Room fireplaces
Built in 1902
3,572 sqft
2 stories
0.20 acres
Lot size: 0.2000
County: Los Angeles
Interior features: Bedroom on Main Level
Lot description: Yard
Heating/cooling: Wall/Window Unit(s)
MLS area: C16 - Mid Los Angeles

Last Updated: 9/18/2026

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This listing belongs to the C16 - Mid Los Angeles MLS area

Lat/Long: 34.029066, -118.286343.
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Listing Agent: Gina Ma
Lic#: 01276603
Office Name: Tustin

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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