1143 W 28th, Los Angeles, CA 90007
- $2,449,000
List Agent John Stiegler II () Lyon Stahl Investment Real Estate, Inc.; CoList ()
- List Price
- $2,449,000
- Price Change
- ▼ $149,000 1789540446
- Status
- ACTIVE
- MLS#
- SB26167564
- Year Built
- 1959
- Lot Size
- 8,483
- Lot Location
- Rectangular Lot
- Days on Market
- 44
- Property Type
- Multifamily
- Property Sub Type
- Apartment
Property 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.
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Additional Information
- Pool Description
- None
- Sewer
- Public Sewer
- Water
- Public
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Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.