CA > Los Angeles
Los Angeles, CA 90007,1492 W 28th Street
Los Angeles, CA 90007,1492 W 28th Street
Los Angeles, CA 90007,1492 W 28th Street
Los Angeles, CA 90007,1492 W 28th Street
Los Angeles, CA 90007,1492 W 28th Street
Los Angeles, CA 90007,1492 W 28th Street
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Jesus Lopez Larios

Jesus Lopez Larios

+1(916) 937-3241
$ 1,350,000
Est. payment | /mo

4 Beds

3 Baths

1,557 SqFt

Save
$ 1,350,000
Est. payment | /mo
Save

4 Beds

3 Baths

1,557 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,557 sqft

Price per Sqft $867

MLS Listing ID CL25539051

Bedrooms 4

Full Baths 3

HOA Y/N No

Year Built 1903

Lot Size 7,440 Sqft

Acres 0.1708

Property Sub-Type Single Family Residence

Property Description

Price Reduced $100K! Welcome to 1492 W. 28th St, a premier investment & development opportunity located in the highly desirable DPS Patrol Zone, and walking distance to the University of Southern California (USC). This property is being offered with RTI (Ready-To-Issue) permits to build a brand-new 11-bedroom / 11-bathroom duplex in the rear, creating a rare opportunity to purchase and develop a prime student housing asset while generating rental income during construction. The existing 5-bedroom / 3-bathroom front house has been completely renovated with modern finishes and updated systems, and is currently leased at $5,000/month, with signed leases in place to increase the rent to $6,000/month beginning August 2025. Upon completion of the rear development, the property will total 16 bedrooms and 14 bathrooms, perfectly suited for student housing, co-living, or traditional rentals in one of LA's strongest rental markets. The approved plans feature large, well-designed bedrooms, each with its own ensuite bathroom, making the units significantly easier to lease and ideal for maximizing rent potential. With RTI permits already secured, investors and developers can bypass the time-consuming entitlement process and break ground immediately. Located within close proximity to USC, Expo

Location

State CA

County Los Angeles

Zoning LAR2

Interior

Heating Central

Cooling Central Air

Fireplaces Type Dining Room

Fireplace Yes

Appliance Dishwasher, Microwave, Refrigerator

Laundry Dryer, Washer

Exterior

Pool None

View Y/N false

View None

Total Parking Spaces 2

Private Pool false

Building

Story 2

Architectural Style See Remarks

Level or Stories Two Story

New Construction No

Others

Tax ID 5054034009

Bridge MLS
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Daniel Shamooelian • Keller Williams Beverly Hills
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(916) 937-3241

jesus@novusagents.com

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1492 W 28th Street