$925,000
Active Under Contract
52 Days Online
5 Beds2 Baths2,086 SQFT
Active Under Contract

1427 W 28th Street Los Angeles, CA 90007

View all 9 Photos
Static map
Map

We are pleased to offer the opportunity to acquire this high-upside duplex located in the highly desirable DPS Patrol Zone, and walking distance to the University of Southern California (USC). The subject property has multiple utilities, one as a Student Housing Investment with the potential to achieve strong rents, and another as a home for any Professors/Families looking to move into the fast growing area. The property is approximately 2, 086 rentable square feet on a large 6, 750 square foot lot. The subject property is comprised of two separate structures, one 3bd + 1.5 bth home in the front, and an additional 2bd + 1 bth home in the rear. Any buyer has the opportunity to maximize rental income by increasing the number of bedrooms/bathrooms to accommodate more students. In addition, there's an excellent value-add opportunity to construct an ADU, and further increase cash flow for an investor or owner-user(Buyer to Verify) (Property is in the HPOZ). The seller is also open to an extended escrow, giving any buyer ample time to obtain permits during the escrow period and hit the ground running upon closing! An added benefit of an extended escrow is the ability to close on a loan during a potentially lower interest rate environment! This is a rapidly growing neighborhood, a true community located in the heart of the USC ecosystem and is minutes away from campus as well as the USC Village, Trader Joe's, City Target and lots of great amenities and restaurants.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site51 Days
  • MLS StatusActive Under Contract
  • MLS ID Number24423803
  • Home Size Source N/A
  • Year Built1929
  • Lot Size0.155 Acres
  • Full BathsN/A
  • Partial BathsN/A

Sell your house quickly!

Get multiple potential cash offers for your home. Fast and hassle-free!

Learn More

Recent Activity For 1427 W 28th Street Los Angeles, CA 90007

a month ago
a month ago
2 months ago

Don't miss a thing!

Get updates on new activity for this listing

General Features

  • Parking Spaces 5
  • Number of Stories 11
  • Acreage 0.155
  • Zoning LAR2
  • Listing Conditions Standard

Community Features

  • Senior Community No
  • MLS Area C16 - Mid Los Angeles

Mortgage Calculator

Monthly Payment (Est.)

$4,590
Copyright ©2024 Information is deemed reliable but not guaranteed.

Listings Nearby 1427 W 28th Street Los Angeles, CA 90007