1475 W 28Th St Los Angeles, CA 90007
- Dormitories
Current Use by Public Records
- Dormitories
Property Details for 1475 W 28Th St
- Year built
- 1922
- Property type
- Dormitories
- Property subtype
- Student housing
Description
Exceptional investment opportunity in Los Angeles, CA, presents a three-unit, eight-bedroom student housing property at 1475 W. 28th Street, zip code 90007. This property boasts a 6.5% cap rate and is situated on a substantial 7,430 square foot lot. The existing structure, built in 1922 and renovated in 201, comprises two buildings with a total of 2,597 net rentable square feet. Currently generating $8,725 in monthly income with 100% occupancy, the property consists of a five-bedroom, three-bathroom main house and two additional units (one 1-bedroom, 1-bathroom
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.2938279
- Latitude
- 34.0298326