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$ 2,598,000
Est. payment | /mo
8 Beds
8 Baths
8,483 Sqft Lot
$ 2,598,000
Est. payment | /mo
8 Beds
8 Baths
8,483 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB26167564
Bedrooms 8
Lot Size 8,483 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
The Stiegler | Takahashi Group is 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 Californias premier student housing markets, this is an exceptional value-add investment opportunity.
Location
State CA
County Los Angeles
Zoning Assessor
Direction North of W. Jefferson Blvd, South of W. Adams Blvd, East of Vermont Ave, West of Figueroa St. Located just a few blocks west of
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5055027021
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
Listed by John Stiegler II, DRE#01981597 Lyon Stahl Investment Real Estate, Inc.
NEARBY SCHOOL & BUSINESS
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