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1449 W 28th Street, Los Angeles, CA 90007

$1,495,000

$455 per ft²

11 Bed

7 Bath

3,287 Sq Ft

0.1551 Acres

Listing Office: Keller Williams Hollywood Hills

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We are pleased to present the opportunity to acquire 1449 W. 28th Street, a fully renovated 11-bedroom + 7-bathroom student housing investment located in the highly coveted West of Campus neighborhood within the USC DPS Patrol Zone. Just blocks from the University of Southern California, the property sits in one of the strongest student housing rental markets in Los Angeles, consistently achieving premium rents, full occupancy, and year-round tenant demand. Currently occupied by USC students, the property generates slightly above $11,000 per month in gross income. Backed by a proven operational history, parental guarantees, and strong in-place cash flow, the asset delivers immediate yield and stable income from day one. The offering consists of a beautifully upgraded 1903 Craftsman single family residence with 7-bedrooms + 4-bathrooms, paired with a newer detached ADU built in 2019, featuring 4-bedrooms + 3-bathrooms. Together, the structures total approximately 3,287 rentable square feet on a 6,754 square foot lot. Both structures have undergone extensive renovations with modern, high-end finishes throughout, including hardwood flooring, updated countertops, stainless steel appliances, tiled showers with glass enclosures, in-unit washers and dryers, furnished bedrooms, fully updated kitchens and bathrooms, recessed lighting, and contemporary fixtures. Operationally, the asset is exceptionally efficient. Tenants are responsible for all utilities, including gas, water, trash, and electricity, helping minimize landlord expenses and maximize net operating income. Priced at a 7% cap rate and 11x GRM, the property combines immediate cash flow, low-maintenance ownership, and long-term upside in one of LA's most consistently performing rental markets.

Listing Agent: Davis Saadian

License Number: 01921748

Offered by: Keller Williams Hollywood Hills

Office Phone: 310-623-1300

MLS: #26834529

California Regional MLS

Date Added: 05/15/2026 12:00:00 am

Last Update: 05/17/2026 02:32:39 pm

Days on Market: 4

Interior

Appliances: Dishwasher,Refrigerator,Dryer,Washer
Laundry: Inside

Exterior

Style: Craftsman
Parking: Driveway, Parking spaces: 5

Construction

General: 2

Location

Originating MLS: CRMLS_CL
County: Los Angeles

Lot

Zoning: LAR2, 5054032020

Financial

Source: CRMLS_CL

Property

Year Built: 1903
Type: Multi-Family
Style: Craftsman
Neighborhood: Adams-Normandie
Parcel #: 5054032020

05/15/2026$1,495,000@ 455 per ft²Listed

05/15/2026Active

Listing Broker

Tade Keshishyan

1 @

License #: 02190628

Email: [email protected]

Phone: 8183592303

Location: CA

Last Updated: 05/17/2026 02:32:39 pm

Offered by: Davis Saadian, 01921748, 310-402-8958 @ Keller Williams Hollywood Hills

MLS: #26834529

Source: California Regional MLS

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1449 W 28th Street, Los Angeles, CA 90007 is a 11 Bed, 7 Bath, 3,287 Sq Ft, 0.1551 Acres, Multi-Family built in 1903.

This property is currently available and was listed by California Regional MLS on 05/15/2026 12:00:00 am. The MLS # for the property is MLS #26834529.