1475 W 28th St Los Angeles, CA 90007
Multi-Family (2-4 Units)
MLS #: 25-484135
Courtesy Of Keller Williams Santa Monica
$1,270,000
8 beds
|
2,597 sq ft
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Estimated monthly payments:
$5,552/mo.* (recalculate)
Property InformationDescription
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.
Features
- Age: Over 50 Years Old
- Amenities: Dock
- Architecture Style: Other
- Lot Size: 0.17 Acres
MAP & DIRECTIONS
School Information
1475 W 28th St, Los Angeles, CA 90007
Elementary School
Grades KG-5 |
Public School
VERMONT AVENUE ELEMENTARY
Los Angeles, CA 90007
1435 W 27th St
323.733.2195
Distance: 0.1 mi
School Rating
B-
Student:Teacher Ratio
19:1
Total Students
444
Middle School
Grades 6-12 |
Public School
FOSHAY LEARNING CENTER
Los Angeles, CA 90018
3751 S Harvard Blvd
323.373.2700
Distance: 1.1 mi
School Rating
B
Student:Teacher Ratio
22:1
Total Students
1854
High School
Grades 9-12 |
Public School
MANUAL ARTS HIGH SCHOOL
Los Angeles, CA 90037
4131 S Vermont Ave
323.846.7300
Distance: 1.5 mi
School Rating
D+
Student:Teacher Ratio
16:1
Total Students
1132
| Other Nearby Schools | Distance | Type | Grades | School Rating |
|---|---|---|---|---|
| St Agnes School | 0.2 mi | Private | PK-8 | |
| John W. Mack Elementary | 0.2 mi | Public | KG-5 | D+ |
| Stem Preparatory Elementary School | 0.5 mi | Public | KG-5 | D+ |
| Los Angeles Christian School | 0.6 mi | Private | KG-8 | |
| Lenicia B. Weemes Elementary | 0.6 mi | Public | PK-5 | C |
| Sophia T. Salvin Special Education Center | 0.6 mi | Public | KG-10 | |
| Camino Nuevo Elementary #3 | 0.7 mi | Public | KG-8 | C- |
| West Adams Preparatory High School | 0.7 mi | Public | 9-12 | D+ |
| Thirty-second Street Usc Performing Arts | 0.7 mi | Public | KG-12 | A- |
| Alliance Gertz-ressler Richard Merkin 6-12 Complex | 0.8 mi | Public | 6-12 | B- |
| Camino Nuevo Elementary School #3 | 0.9 mi | Public | KG-5 | |
| Norwood Street Elementary School | 0.9 mi | Public | KG-5 | C+ |
| Downtown Value | 1.0 mi | Public | KG-8 | C- |
| Crown Preparatory Academy | 1.0 mi | Public | 5 | |
| Magnolia Avenue Elementary School | 1.0 mi | Public | PK-5 | C |
| St Vincent School | 1.0 mi | Private | KG-8 | |
| 24th Street Elementary School | 1.0 mi | Public | KG-4 | B+ |
| Crown Preparatory Academy | 1.0 mi | Public | 5-8 | C+ |
| Star Christian School | 1.0 mi | Private | PK-5 |
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
Demographic Data
Los Angeles, CA 90007
| Median Age: | 29.7 |
|---|---|
| Married: | 21% |
| Number of Households: | 12,606 |
| Households with Children: | 21.7% |
Los Angeles, CA 90007
Demographic Data
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Occupancy Types
- 0 Vacant
- 0 Owned
- 0 Rented
-
Transportation to Work
- 0 Drive
- 0 Public Transportation
- 0 Walk / Bike / Other
- 0 Work at Home
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