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1475 W 28th Street
USD 1,270,000
Property ID: 25484135
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1475 W 28th Street ,90007
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icon 7432 SqFt
icon Built in 1922
icon USD 171/SqFt
icon 8 Beds
icon 5 Full
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Location Street View
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Interior Details
Bedrooms
8
Bathrooms
5
Interior Size
2597
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1922
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Detailed Introduction Of This Home
We are pleased to present the opportunity to acquire 1475 W. 28th Street, a three (3) unit, eight (8) bedroom student housing investment, located in the prestigious DPS Patrol Zone, and just blocks to the University of Southern California (USC). This single-story building was constructed of wood frame and stucco on a raised foundation, featuring a total square footage of 2,597 SF on a 7,430 SF Lot. Current income is $8,725/month. The front single-family residence consists of 5-bedrooms + 3-bathrooms, with a total income of $6,500/month, fully occupied with USC students. The two detached units towards the back of the lot consists of a 1-bedroom + 1-bathroom unit ($975/month) & a 2-bedroom + 1-bathroom unit ($1,250/month). Priced at a current 6.75% Cap Rate excellent cash flow investment with approximately 50% upside in potential rents.
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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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Photos (26)
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1475 W 28th Street
USD 1,270,000 8 Beds
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