1143 W 28th Los Angeles, CA $ 2,449,000
1143 W 28th
$ 2,449,000
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1143 W 28th

Los Angeles, CA, 90007
$ 2,449,000
Bedrooms-- Baths1.1 Sq 5,330

Monthly Estimate*

$ 16,915

Listed by John Stiegler II, Lyon Stahl Investment Real Estate, Inc., johnnie@lyonstahl.com
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Multi-Family Home for sale in Los Angeles, CA

for $2,449,000 with 1 full bath, 1 half bath. This 5,330 square foot home was built in 1959 on a lot size of 0.1947.

We are pleased to present 1143 W. 28th Street, an exceptional 8-unit student housing investment opportunity located just blocks from the University of Southern California (USC) within the highly desirable USC Department of Public Safety (DPS) Patrol Zone. The property features eight spacious 2-bedroom, 1.5-bath units, with six units to be delivered vacant at the close of escrow, providing a rare opportunity for immediate lease-up at market rents and significant upside in cash flow. The property has also benefited from numerous capital improvements, including a new roof, copper re-pipe, PVC main sewer line replacement, upgraded electrical panel, new on-site laundry facility, asphalt resurfacing, and select interior renovations. Combining strong rental upside, substantial recent improvements, and an outstanding location in one of Southern California’s premier student housing markets, this is an exceptional value-add investment opportunity.

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Multi-Family Active

Price

$ 2,449,000

Full Bath

1

Half Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1947

Year Built

1959

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

SB26167564

Days on Market

76

Features
General
Sewer Public Sewer
Garage Spaces 0
Pool Features None
Year Built 1959
Property Subtype Apartment
Gross Income 242004
Community Features Biking Curbs Gutter(s) Storm Drain(s) Sidewalks
County Los Angeles
Net Operating Income 161115
Operating Expense 68789
Insurance Expense 0
New Construction false
Property Type Residential Income
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions North of W. Jefferson Blvd South of W. Adams Blvd East of Vermont Ave West of Figueroa St. Located just a few blocks west of the USC campus.
City Los Angeles
Entry Location Front
Senior Community Y/N false
Number Of Units Total 8
MLS Area C16 - Mid Los Angeles
Lot Size Units Square Feet
Lot Size Square Feet 8483
Listing Terms Cash Cash to New Loan Conventional 1031 Exchange
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 43
Property Sub Type Additional Apartment
Expected Active Date 2026-08-03
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Interior
Total Stories 2
Common Walls 2+ Common Walls
Laundry Features Common Area
Entry Level 2
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Exterior
Lot Features Rectangular Lot
Water Source Public
Total Parking 0
Lot Size Area 8483
Number of Buildings 1
Building Area Total 5330
Lot Size Acres 0.1947
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 8
Number of Separate Electric Meters 8
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* Excluded Features
List By
John Stiegler II

Listing Agent

Lyon Stahl Investment Real Estate, Inc.

Broker

johnnie@lyonstahl.com

Email

Affordability Calculator

$16,915
Per Month
100%
0%
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Monthly Principal & Interest
$16,915
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/16/2026$2,449,000 -5.74% Price Down
7/31/2026$2,598,000 Listed Price

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1143 W 28th, Los Angeles, CA, 90007 is a Multi-Family Home for sale at $2,449,000 with 5,330 sqft and a lot size of 0.1947. 1143 W 28th has 1.1 baths and was built in 1959. The property's zip code is 90007 which is in Los Angeles, CA