1143 W 28th St, Los Angeles, CA 90007

1143 W 28th St, Los Angeles, CA 90007

Los Angeles, CA
$2,598,000

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 California’s premier student housing markets, this is an exceptional value-add investment opportunity.

Property Features

  • Sale Price: $2,598,000
  • Area Size: 5,330 sq ft
  • Land Area: 8,483 sq ft
  • Year Built: 1959
  • Units: 8

Lyon Stahl Investment Real Estate

Keep In Touch