1420 W 28th St Los Angeles, CA 90007
Adams-Normandie NeighborhoodEstimated payment $17,041/month
Total Views
1,060
16
Beds
11
Baths
4,748
Sq Ft
$611
Price per Sq Ft
Highlights
- Gated Parking
- Gated Home
- 5-minute walk to Richardson Family Park
- A-Frame Home
About This Home
*This property is part of the Prime Student Housing Portfolio - May be purchased separately or together.* Turnkey student housing opportunity just blocks from USC, featuring three fully detached buildings with a total of 16 bedrooms and the potential to house up to 32 tenants. The front duplex, originally built in 1905, underwent a full renovation in 2019 with modern systems, updated interiors, and ideal layouts for student living. Two rear ADUs, built in 2022, offer townhome-style 4 bed/3 bath units with premium finishes and efficient designs. The outdoor common area was upgraded in 2024 with turf, stamped concrete, BBQ grill, seating, and bike racks, creating a secure and welcoming space for tenants. With a strong 7.0% CAP rate, minimal deferred maintenance, and prime location within the USC DPS Patrol Zone, this property offers strong in-place income and long-term upside. Just a short walk to USC campus, USC Village, and public transit, this is a high-demand, low-maintenance investment in the heart of Los Angeles.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,747
Year Built
- Built in 1905
Lot Details
- 7,427 Sq Ft Lot
- Gated Home
Home Design
- 4,748 Sq Ft Home
- A-Frame Home
- Split Level Home
Bedrooms and Bathrooms
- 16 Bedrooms
- 11 Bathrooms
Parking
- 4 Parking Spaces
- Gated Parking
Listing and Financial Details
- Assessor Parcel Number 5054-033-012
Community Details
Overview
- 3 Buildings
- 4 Units
Building Details
- Rent Control
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $11,747 | $945,710 | $765,550 | $180,160 |
| 2023 | $11,525 | $927,168 | $750,540 | $176,628 |
| 2022 | $10,997 | $908,989 | $735,824 | $173,165 |
| 2021 | $10,855 | $891,167 | $721,397 | $169,770 |
| 2019 | $886 | $769,896 | $520,200 | $249,696 |
| 2018 | $5,724 | $453,778 | $340,336 | $113,442 |
| 2016 | $5,460 | $436,159 | $327,121 | $109,038 |
| 2015 | $5,383 | $429,609 | $322,208 | $107,401 |
| 2014 | $5,413 | $421,195 | $315,897 | $105,298 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/02/2025 06/02/25 | For Sale | $2,900,000 | +243.6% | $611 / Sq Ft |
| 02/15/2019 02/15/19 | Sold | $844,000 | -0.6% | $359 / Sq Ft |
| 11/28/2018 11/28/18 | Pending | -- | -- | -- |
| 11/26/2018 11/26/18 | For Sale | $849,000 | -- | $362 / Sq Ft |
Source: The MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $844,000 | North American Title Co | |
| Grant Deed | -- | North American Title Co | |
| Interfamily Deed Transfer | -- | North American Title Co | |
| Grant Deed | -- | Progressive Title Company | |
| Grant Deed | $135,000 | Orange Coast Title Co Of La | |
| Trustee Deed | $257,980 | Fidelity Natl Title Ins Co | |
| Interfamily Deed Transfer | -- | New Century Title Riverside | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $211,000 | First American Title Co | |
| Interfamily Deed Transfer | -- | Equity Title | |
| Grant Deed | $100,000 | Equity Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,290,000 | Construction | |
| Previous Owner | $300,000 | Credit Line Revolving | |
| Previous Owner | $500,000 | Balloon | |
| Previous Owner | $475,000 | Credit Line Revolving | |
| Previous Owner | $247,000 | Balloon | |
| Previous Owner | $204,397 | FHA | |
| Previous Owner | $100,000 | No Value Available |
Source: Public Records
Similar Homes in Los Angeles, CA
Source: The MLS
MLS Number: 25546699
APN: 5054-033-012
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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