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1535 W 28Th St #1 Los Angeles, CA 90007

$1,600,000
  • 6 Beds
  • 3 Baths
  • 1,849 Sq.Ft.
For Sale
$1,600,000 Get Pre-Qualified
Map preview of 1535 W 28Th St #1, Los Angeles, CA 90007

Property Overview: 1535 W 28Th St #1 Los Angeles, CA has 6 bedrooms, 3 bathrooms, 1,849 living square feet and 6,761 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: RTI RTI RTI development opportunity . it is development property with RTI / All permit. this can be perfect for student housing. it is DPS patrol Zone and near USC. permit is in document. This property will be vacant so do not interrupt tenant.

Listed by Chang Soo Lee | BRE #01915374 | Urban Real Estate, Inc.
Co-listed by Koeun Hwang | BRE #01718399 | Happy Haus Inc.
Last checked: 9 minutes ago | Last updated: September 26th, 2024 | Source CRMLS | DOM: 2

Home details

Lot Sq. Ft
6,761
HOA Dues
$0/mo
Year built
1953
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24445503
City
Los Angeles
County
Los Angeles
Time on Site
2 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 1535 W 28Th St #1

No upcoming open houses

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Property Details for 1535 W 28Th St #1

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Converted Garage
Property Information
  • Total # of Units: 2
  • Parcel Number: 5054031026
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: between Adams and Jefferson
View more facts & features

Local Los Angeles Agent

Sale History for 1535 W 28Th St #1

Last sold for $720,000 on October 30th, 2018

  • September, 2024

  • Sep 26, 2024

    Date

    Active

    CRMLS: 24445503

    $1,600,000

    Price

  • August, 2024

  • Aug 29, 2024

    Date

    Canceled

    CRMLS: 24407375

    $1,500,000

    Price

  • Jun 24, 2024

    Date

    Active

    CRMLS: 24407375

    $1,500,000

    Price

  • Listing provided courtesy of CRMLS

    We are pleased to present the opportunity to acquire 1535 W. 28th Street, an incredible redevelopment opportunity with RTI Plans and Permits, located in the highly desirable DPS Patrol Zone, and close proximity to the University of Southern California (USC) & Village. The existing duplex consists of two (2) spacious vacant 2-bedroom + 1-bathroom units, (each unit is approximately 1,000 SF). The RTI plans & permits have SB8 Clearance, and been approved to have a total three (3) units on this expansive 6,759 SF (LARD1.5) lot, each unit consisting of 3-bedroom + 3-bathroom units. A developer can further increase cash-flow by converting the garage into a 4th unit, consisting of a 3-bedroom + 3-bathroom accessory dwelling unit (ADU). Upon completion, an investor will have a total of four (4) units, 12-bedrooms + 12-bathrooms. Finalized constructed units will have a scheduled income of approximately $18,000/month. Combined with parental guarantees on leases and occupancy levels routinely achieving 100% for the school year, the asset represents a low-risk investment that is poised for continued growth and excellent operating fundamentals.

  • June, 2024

  • Jun 20, 2024

    Date

    Canceled

    CRMLS: 24391805

    $1,595,000

    Price

  • May 14, 2024

    Date

    Active

    CRMLS: 24391805

    $1,595,000

    Price

  • Listing provided courtesy of CRMLS

    We are pleased to present the opportunity to acquire 1535 W. 28th Street, a student housing redevelopment with RTI Plans & Permits, located in the desirable DPS Patrol Zone, and walking distance to the USC campus. This 6,800 SF Lot currently has two (2) existing units that will be delivered vacant. Given the location, attractive local area amenities, and distance to the USC campus and Village, this investment presents an excellent opportunity for an investor to acquire a unique premier property in the attractive USC submarket that will provide exponential returns.

  • October, 2018

  • Oct 31, 2018

    Date

    Sold

    CRMLS: DW18196695

    $720,000

    Price

  • Oct 22, 2018

    Date

    Pending

    CRMLS: DW18196695

    $799,880

    Price

  • Oct 8, 2018

    Date

    Active Under Contract

    CRMLS: DW18196695

    $799,880

    Price

  • Sep 24, 2018

    Date

    Price Change

    CRMLS: DW18196695

    $799,880

    Price

  • Sep 24, 2018

    Date

    Active

    CRMLS: DW18196695

    $799,888

    Price

  • Sep 24, 2018

    Date

    Withdrawn

    CRMLS: DW18196695

    $799,888

    Price

  • Sep 8, 2018

    Date

    Price Change

    CRMLS: DW18196695

    $799,888

    Price

  • Aug 22, 2018

    Date

    Price Change

    CRMLS: DW18196695

    $824,888

    Price

  • Aug 21, 2018

    Date

    Active

    CRMLS: DW18196695

    $824,999

    Price

  • Aug 20, 2018

    Date

    Active Under Contract

    CRMLS: DW18196695

    $824,999

    Price

  • Aug 13, 2018

    Date

    Active

    CRMLS: DW18196695

    $824,999

    Price

  • Listing provided courtesy of CRMLS

    Location, Location, Location - Duplex near USC - 2 Bedrooms and 1 bath per unit, corner Lot, double private driveways, 2 car detached garage, one unit has been updated recently, newer kitchen upgrades, close to everything

  • October, 2018

  • Oct 30, 2018

    Date

    Sold (Public Records)

    Public Records

    $720,000

    Price

  • June, 2001

  • Jun 28, 2001

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1535 W 28Th St #1

Assessed Value (2020): $734,400
Year Land Value Improved Value Assessed Value
2020 $510,000 $224,400 $734,400

Home Value Compared to the Market

This property vs the competition

1535 W 28Th St #1 is listed 33.33% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $771 and this home is listed at $865.33 per/sqft which puts the price per square foot 12.24% higher than the median price per square foot for the city of Los Angeles.

About 1535 W 28Th St #1

Detailed summary of property

1535 W 28Th St #1 is a multi family located in Los Angeles, CA 90007 and is currently for sale. This multi family property offers 6 bedrooms, 3 bathrooms, roughly 1,849 living square feet, and sits on an approximately 6,761 square foot lot. 1535 W 28Th St #1 was first listed on ArdentRealEstateGroup.com on September 26, 2024. The homeowner is currently asking $1,600,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $771. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 33.33% higher than the median priced home. Local competing homes currently for sale include 1327 W 35th St, 1270 W 35th Pl and 1674 W 25th St. While the average home in Los Angeles, CA is selling in 106 days, 1535 W 28Th St #1 has a days on market of 2 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 1535 W 28Th St #1 Los Angeles, CA 90007 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1535 W 28Th St #1

Public county record property details
Beds
4
Baths
2
Year built
1953
Sq. Ft.
1,849
Lot Size
6,759
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
1,3
APN
5054-031-026

The source for these homes facts are from public records.

90007 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,399,999
Median List Price/Sq.Ft.
$550
Median Sold Price
$1,025,000
Median Sold Price/Sq.Ft.
$777
Total Inventory
19
Median Sale to List Price %
100%
Avg Days on Market
0
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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