Kathleen Craig

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1188 W 28thLos Angeles, CA 90007

Single Family · 13 Beds · 8 Full Baths · 3,572 Sq. ft. | 0.20 Acres
$2,450,000 Active

1188 W 28th Overview

Time on Site:
9 days
Visits:
0

If you know USC, you know this is truly Best Location Ever!! Not only the Location, also the Lot size almost 9000 s.f.!!! ADU possibility!! Buyer to verify!! This is Both Investors' and Students' dreaming location for Value-add USC off Campus Student Housing Investment Opportunity! Must check out this location!!! Only 2 blocks away North of USC village, mins walking to USC!!! Located in highly Desirable USC DPS Safety Patrol Zone. 100% Fully occupied by USC students with parental guarantees on leases, and all rooms pre-leased for the upcoming 2026-2027 school year with USC students already. Currently collecting gross rents of $12,500/month which is way not high enough at that location due to seller's limited time on managing. Highly demanding...easy access to all USC's landmarks, academic buildings, and entertainment options. Zoning LARD1.5, possibility building more units and/or ADU in the back huge yard! The property is approximately 3572 s.f., 8712 s.f. lot, 13 bed, 8 bath, living rooms, and on-site laundry room...This property has charming turn of the century details that you will adore. As a bonus, this Property offers about 8 PRIVATE PARKING SPACES which are the the students favorites. The asset represents a low-risk investment that is poised for continued growth and excellent operating fundamentals. The property should be collecting gross rents around $18K/month, then GRM should be around 9. Don't miss !

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1188 W 28th Facts & Features

  • Type Single Family
  • Sq. ft. 3,572
  • Price/Sq.ft. $686
  • Lot 0.20 Acres

Details

General

Association/HOA

  • Association: No
  • Common Interest: None

School Information

  • School District: Other

Building Information

  • New Construction: No
  • Year Built: 1902

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: C16 - Mid Los Angeles
  • Postal City: LOS ANGELES

Community/Development

  • Community Features: Sidewalks

Rent/Lease Information

  • Land Lease: No
  • Lease Considered: Yes

General Information

  • Listing Terms: Cash,Cash to New Loan,Conventional,1031 Exchange
  • Parcel Number: 5055028011
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage Spaces: 1.0
  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 8
  • Bathrooms Total: 8
  • Bedrooms Total: 13

General Information

  • Basement: Yes
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Entry Location: front door
  • Fireplace Features: Family Room
  • Fireplace: Yes
  • Interior Features: Bedroom on Main Level
  • Laundry Features: Inside,Laundry Room
  • Levels: Two
  • Living Area: 3572.0
  • Living Area Source: Assessor
  • Living Area Units: Square Feet
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 7
  • Stories: 2
  • Stories Total: 2

Exterior

Parking Information

  • Parking Total: 1.0

Lot Information

  • Additional Parcels: No
  • Lot Features: Yard
  • Lot Size Acres: 0.2
  • Lot Size Area: 8712.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 8712.0
  • Lot Size Units: Square Feet
  • Elevation Units: Feet
  • Water Source: Other

Waterfront/View

    Building Exterior/Construction

    • Attached Garage: No
    • Property Attached: No
    • Structure Type: House

    General Information

    • Number Of Units Total: 1
    • Pool Features: None
    • Pool Private: No
    • Sewer: Unknown

    1188 W 28th Neighborhood

    Community

    90007 (Los Angeles) Demographics

    25
    Median Age
    17,178
    Population Density (per sq. mile)
    32%
    College Educated
    $30,530
    Estimated Median Income
    1,550
    Estimated Total Home Owners
    10,698
    Estimated Total Renters
    13% / 87%
    Estimated Owner / Renter Divide
    3
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    1188 W 28th Monthly Cost

    $
    $ %
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    $
    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    1188 W 28th Market Data

    Based on the last 30 days in this zip code

    $1,112,349
    Average List Price
    $485
    Average Price per Square Foot
    0
    Properties Sold
    71
    Average Days on Market
    59
    Properties for Sale
    Calculations provided by Reliance Network

    1188 W 28th History

    Date Event Value Agent
    6/29/2026Source: CRMLS Added to Database
    June 29, 2026
    6/20/2026Source: CRMLS Added to Database
    June 20, 2026
    Listing provided courtesy of IRN RealtyGina Ma- MLS# AR26134176MLS ProviderContact Information: 626-447-5100