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$2,449,000

FOR SALE
Active

1143 W 28th

Los Angeles, CA

MLS# SB26167564

Apartment
104 days on marketNalren refreshed

Listing Agent

John Stiegler II

Listing Agent

Lyon Stahl Investment Real Estate, Inc.

DRE #: 01981597

(310) 447-2213

Brokerage: Lyon Stahl Investment Real Estate, Inc.

Stephen Takahashi

Co-Listing Agent

Lyon Stahl Investment Real Estate, Inc.

DRE #: 01944770

Brokerage: Lyon Stahl Investment Real Estate, Inc.

Property Details

N/A

Bedrooms

N/A

Bathrooms

N/A

Square Feet

1959

Year Built

8,483 sqft

Lot Size

N/A

Price/Sq Ft

0

Garage Spaces

N/A

HOA

Apartment

Property Type

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.

Facts & Features

Interior

Laundry Features
Community Laundry

Exterior

Private Pool
No
Lot Features
Rectangular Lot

Building

Year Built
1959
Building Area Total
5,330
Stories Total
2

Utilities

Sewer
Public Sewer
Water Source
Public

Parking

Garage Spaces
0
Parking Total
0

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