New Listing
$1,520,000
 $8,160 est/mo Sourced by Back At You

1540 W 28th,Los Angeles, CA 90007

Los Angeles, CA 90007

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Description

GREAT 4-UNIT INVESTMENT & OWNER-OCCUPANT OPPORTUNITY! This well-maintained 4-plex offers an excellent opportunity for an investor or owner-occupant looking to live in the largest unit while generating rental income from the other three units. The property may qualify for residential financing, providing an attractive option for first-time multifamily investors. The four units consist of: (A) 5 bedrooms + 3.25 baths; (B) 3 bedrooms + 1 bath; (C) 2 bedrooms + 1 bath; and (D) 2 bedrooms + 1 bath. The spacious 5-bedroom unit can be made available for a buyer-owner to occupy. The other three units are tenant-occupied, with current monthly rents of $2,000, $2,400, and $750, respectively. Recent improvements include fresh interior and exterior paint and a new shared clothes washer and dryer for resident use. The property offers 5 on-site parking spaces, including 3 assigned spaces and 2 spaces available on a first-come, first-served basis. Each kitchen is equipped with a stove and refrigerator. Conveniently located near USC, the property is well-positioned for the student rental market, offering potential for continued rental demand. According to the owner the property is believed to be in the USC Security Patrol area. For a first-time investor, this is an exceptional opportunity to acquire a multifamily property that provides immediate rental income while offering the flexibility to occupy a spacious unit-without the need to add an ADU. Prospective buyers must set appointments with their agent to show the property - buyers CAN NOT visit property and disturb tenants, directly.

Details

MLS #SR26188591
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1910
Days On Site1
Listing Provided ByMichael Green Realty & Inv. | Michael Green

Features

SQ Feet3,905
Story(s)2
Units4
Building(s)2
Acreage0.16

Parking

Garage Yes / NoNo

Utilities

SewerPublic Sewer

Location

Community FeaturesCurbs, Sidewalks

Area Information

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90007
AreaC34 Los Angeles Southwest
Listing VS Median (in 90007)
Price:
$1,520,000
low | high
Med:
$1,497,000
51.513157894737% of Average
sqft:
3,905
low | high
Med:
4,790
27.349551856594% of Average
$ / sqft:
$389
low | high
Med:
$316
68.932714765672% of Average
On site:
1
low | high
Med:
152
2% of Average
Sourced by Back At You

Market Activity 90007

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Learn More About This Property

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90007
AreaC34 Los Angeles Southwest
Listing VS Median (in 90007)
Price:
$1,520,000
low | high
Med:
$1,497,000
51.513157894737% of Average
sqft:
3,905
low | high
Med:
4,790
27.349551856594% of Average
$ / sqft:
$389
low | high
Med:
$316
68.932714765672% of Average
On site:
1
low | high
Med:
152
2% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.14M - $1.9M
sqft: 2,500 - 4,500
Nearby Listings Property ImageNearby Listings Details
1519 W 29th Property Photo 1
$1,150,000
1519 W 29th
Los Angeles, CA 90007
Listing Updated: August 27, 2026 at 4:50:05 PM PDT
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