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Renovated Student Housing Investment
For Sale
$1,495,000

1449 W 28th St, Los Angeles, CA 90007

Two updated residences offer furnished bedrooms, modern finishes, and separate living arrangements near the University of Southern California.

Days on Market79

Property Features for 1449 W 28th St

General Information

Standard status Active
Property subtype MULTI_FAMILY

Building Details

Building Size 3,287 SF
Year Built 1903
Listing Agency: Keller Williams Hollywood Hills
Listed By: Davis Saadian · License #01921748
Source: Jademillsestates
Added: May 15 Changed: Jul 31 Last Checked: Aug 1 at 10:49AM

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 Keller Williams Hollywood Hills

Investment Insights

Based on property information with market context.

This multifamily property combines a renovated 1903 Craftsman single-family residence with a detached ADU built in 2019. The main residence includes 7 bedrooms and 4 bathrooms, while the ADU provides 4 bedrooms and 3 bathrooms, for a combined 11 bedrooms and 7 bathrooms. Together, the structures contain approximately 3,287 rentable square feet on a 6,754-square-foot lot.

Both residences feature extensive renovations, including hardwood flooring, updated countertops, stainless steel appliances, tiled showers with glass enclosures, recessed lighting, contemporary fixtures, fully updated kitchens and bathrooms, in-unit washers and dryers, and furnished bedrooms. The property is located at 1449 W. 28th Street in Los Angeles, within the West of Campus neighborhood and USC DPS Patrol Zone, just blocks from the University of Southern California. Current occupants are USC students, and tenants are responsible for gas, water, trash, and electricity.

Key Highlights

  • 11 bedrooms and 7 bathrooms across two residences
  • Renovated 1903 Craftsman with 7 bedrooms and 4 bathrooms
  • Detached ADU built in 2019 with 4 bedrooms and 3 bathrooms

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Real Estate Agency HVAC Service (Bike/Boat/Book/etc) 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

3,236
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?
Multifamily property - Two updated residences offer furnished bedrooms, modern finishes, and separate living arrangements near the University of Southern California.
Where is this multifamily property located?
The property is located at 1449 W 28th St Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: 11 bedrooms and 7 bathrooms across two residences; Renovated 1903 Craftsman with 7 bedrooms and 4 bathrooms; Detached ADU built in 2019 with 4 bedrooms and 3 bathrooms
More about this property
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