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Image 1 - 1475 W 28th St, Los Angeles, California, 90007 - House for sale
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Home For Sale In Los Angeles, California
1475 W 28th St, Los Angeles, California, 90007

Home For Sale In Los Angeles, California

house for sale
Listed: 06/07/24

1475 W 28th St, Los Angeles, California, 90007

8 Bed:
5 Bath:
2,597 Sq Ft Living Area:
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Price
$ 1,38M

About This House

We are pleased to present the opportunity to acquire1475 W.28th Street, a three (3) unit, eight (8) bedroom student housing investment, located in the prestigious DPS Patrol Zone, and just blocks to the University of Southern California (USC). This single-story building was constructed of wood frame and stucco on a raised foundation, featuring a total square footage of2, 597 SFon a7, 430 SFlot. The expansive lot size allows an investor to add significant value to the property by constructing two (2) 5-bedroom + 4-bathroom ADU's to further increase cash-flow, generating an even higher yield/ net income. The asset is fully occupied, and the total gross income is$8, 725/month.

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Exposition Park Housing & Living

Household Income

Median household income: $62,474
Number of households: 1,4M
The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.