If you know USC, you know this is truly Best Location Ever!! Not only the Location, but also the Lot size almost 9000 s.f.!!! Soo rare to find! ADU possibility!! Buyer to verify!! This is Both Investors' and Students' dreaming location for Value-add USC off Campus Student Housing Investment Opportunity! Must check out this location!!! Only 2 blocks away North of USC village, mins walking to USC!!! Located in highly Desirable USC DPS Safety Patrol Zone. 100% Fully occupied by USC students with parental guarantees on leases, and all rooms pre-leased for the upcoming 2026-2027 school year with USC students already. Currently collecting gross rents of $12,500/month which is way not high enough at that location due to seller's limited time on managing. Highly demanding...easy access to all USC's landmarks, academic buildings, and entertainment options. Zoning LARD1.5, possibility building more units and/or ADU in the back huge yard! The property is approximately 3572 s.f., 8712 s.f. lot, 13 bed, 8 bath, living rooms, and on-site laundry room...This property has charming turn of the century details that you will adore. As a bonus, this Property offers about 8 PRIVATE PARKING SPACES which are the the students favorites. The asset represents a low-risk investment that is poised for continued growth and excellent operating fundamentals. The property should be collecting gross rents around $18K/month, then GRM should be around 9. Don't miss !
For sale
Listed by: IRN Realty • Gina Ma • Contact: 626-215-5788
$2,450,000
1188 W 28th St, Los Angeles, CA 90007
13beds
8baths
3,572sqft
Multi Family
Built in 1902
-- sqft lot
$-- Zestimate®
$686/sqft
$-- HOA
What's special
- 116 days
- 37
- 1
Zillow last checked:
Listing updated:
Listed by:
Gina Ma DRE #01426061 626-215-5788,
IRN Realty
Source: CRMLS,MLS#: AR26141332
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 13
- Bathrooms: 8
Appliances
- Laundry: Inside, Laundry Room
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 3,572
- Total interior livable area: 3,572 sqft
Property
Parking
- Total spaces: 9
- Parking features: Garage
- Garage spaces: 1
- Uncovered spaces: 8
Features
- Entry location: front door
- Pool features: None
Lot
- Size: 8,712 Square Feet
- Features: Sprinklers In Front, Sprinklers Timer
Details
- Parcel number: 5055028011
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1902
Utilities & green energy
- Sewer: Unknown
- Water: See Remarks
Community & HOA
Community
- Features: Sidewalks
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $686/sqft
- Tax assessed value: $2,543,714
- Date on market: 6/29/2026
- Cumulative days on market: 116 days
- Listing terms: Cash,Cash to New Loan,1031 Exchange
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/18/2026 | Contingent | $2,450,000$686/sqft |
Source: | ||
| 6/21/2026 | Listed for sale | $2,450,000+4.3%$686/sqft |
Source: | ||
| 3/31/2022 | Sold | $2,350,000+56.7%$658/sqft |
Source: Public Record Report a problem | ||
| 3/25/2022 | Pending sale | $1,500,000$420/sqft |
Source: | ||
| 3/19/2022 | Listed for sale | $1,500,000$420/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $2,543,714 +2% |
| 2025 | $30,178 +1.2% | $2,493,838 +2% |
| 2024 | $29,826 +2% | $2,444,940 +2% |
| 2023 | $29,248 +2599.7% | $2,397,000 +4071.5% |
| 2022 | $1,083 +3.7% | $57,462 +2% |
| 2021 | $1,045 -0.1% | $56,336 +1% |
| 2020 | $1,046 | $55,759 +2% |
| 2019 | $1,046 +12.3% | $54,667 +2% |
| 2018 | $932 | $53,596 +2% |
| 2017 | $932 +1.5% | $52,546 +2% |
| 2016 | $918 +7.8% | $51,517 +1.5% |
| 2015 | $851 -0.6% | $50,744 +2% |
| 2014 | $857 | $49,751 +2.5% |
| 2012 | -- | $48,557 +2% |
| 2011 | -- | $47,605 +0.7% |
| 2010 | -- | $47,251 -0.2% |
| 2009 | -- | $47,365 +2% |
| 2008 | -- | $46,437 +2% |
| 2007 | -- | $45,528 +2% |
| 2006 | -- | $44,636 |
| 2005 | -- | $44,636 +4% |
| 2004 | -- | $42,904 +1.9% |
| 2003 | -- | $42,119 +2% |
| 2002 | -- | $41,294 +4% |
| 2000 | -- | $39,692 |
Find assessor info on the county website
Monthly payment
Est. payment





