*This property is part of the Prime Student Housing Portfolio - May be purchased separately or together.* Turnkey student housing opportunity just blocks from USC, featuring three fully detached buildings with a total of 16 bedrooms and the potential to house up to 32 tenants. The front duplex, originally built in 1905, underwent a full renovation in 2019 with modern systems, updated interiors, and ideal layouts for student living. Two rear ADUs, built in 2022, offer townhome-style 4 bed/3 bath units with premium finishes and efficient designs. The outdoor common area was upgraded in 2024 with turf, stamped concrete, BBQ grill, seating, and bike racks, creating a secure and welcoming space for tenants. With a strong 7.0% CAP rate, minimal deferred maintenance, and prime location within the USC DPS Patrol Zone, this property offers strong in-place income and long-term upside. Just a short walk to USC campus, USC Village, and public transit, this is a high-demand, low-maintenance investment in the heart of Los Angeles.
Features
16 bedrooms
11 bathrooms
directions_car4 carspaces
4748 sq. ft. floor area
crop_free7427 sq. ft. lot size
cottageOther
Property history for 1420 W 28th St
2019
Sold
$849,000
15 Feb 2019 by Chad Arico, of Arico & Associates, Inc.
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