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Student-Focused Multifamily Investment
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1188 W 28th, Los Angeles, CA 90007

Fully occupied multifamily property near USC with 13 bedrooms, 8 bathrooms, and private on-site parking.

Property SizeContact for details
Days on Market46

Property Features for 1188 W 28th

General Information

Standard status Active
Property subtype Multifamily
Zoning Assessor

Building Details

Buildings 1
Units 1
Listing Agency: IRN Realty
Listed By: Gina Ma · License #01426061
Source: Crexi
Added: Jun 29 Changed: Aug 8 Last Checked: Aug 11 at 8:56AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of IRN Realty

Investment Insights

Based on property information with market context.

This residential income property consists of a multifamily building configured with 13 bedrooms and 8 bathrooms, along with living rooms and an on-site laundry room. The offering is described as featuring charming turn-of-the-century details. The property is noted as fully occupied by USC students, with rooms pre-leased for the upcoming school year per the seller’s remarks.

The location is presented as being within walking distance to USC, described as roughly two blocks north of USC Village. The asset also lists approximately 8 private parking spaces.

The site is described as having an approximately 8,712 square foot lot and is identified with zoning LARD1.5, with the seller noting potential for additional units and/or an ADU at the back of the property, subject to buyer verification. The building is approximately 3,572 square feet, according to the provided information.

Key Highlights

  • Near USC: about 2 blocks north of USC Village with mins walking access to USC.
  • 13 bed / 8 bath multifamily with approximately 3,572 SF building size and an 8,712 SF lot.
  • Currently 100% fully occupied by USC students with parental guarantees on leases; rooms are pre‑leased for 2026–2027.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency (Bike/Boat/Book/etc) Store Carpet & Flooring Store Acupuncture Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,220
Businesses Nearby

Demographics for 90007, CA

40,944
Population
14,153
Households
2.9
Avg Household Size
28
Median Age
29%
College-Educated
63%
High-School Grad
2.4 sq mi
ZIP Area
17,060
Density / Sq Mi
$36,032
Median Household Income
$21,176
Median Earnings
$1,480
Median Rent
$852,900
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully occupied multifamily property near USC with 13 bedrooms, 8 bathrooms, and private on-site parking.
Where is this apartment building located?
The property is located at 1188 W 28th Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,450,000.
What are key features of this property?
This property features: Near USC: about 2 blocks north of USC Village with mins walking access to USC.; 13 bed / 8 bath multifamily with approximately 3,572 SF building size and an 8,712 SF lot.; Currently 100% fully occupied by USC students with parental guarantees on leases; rooms are pre‑leased for 2026–2027.
(626) 215-5788 Call to check price and availability
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