CA > Los Angeles
Los Angeles, CA 90007,668 W 28th ST
Los Angeles, CA 90007,668 W 28th ST
Los Angeles, CA 90007,668 W 28th ST
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Diego Magdaleno

Diego Magdaleno

1Vision Real Estate

+1(714) 681-1222
$1
Est. payment /mo
29 Beds
26 Baths
12,269 SqFt
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UPDATED:

10/23/2024 12:24 AM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 12,269 sqft

Price per Sqft $0

MLS Listing ID 24455899

Bedrooms 29

HOA Y/N No

Year Built 1906

Lot Size 0.258 Acres

Acres 0.2582

Property Description

SVN is pleased to present the Victory House Student Housing, a value-add investment opportunity located at 668 W 28th St, Los Angeles, CA 90007. This 60-bed property sits in the heart of USC's student housing community, just 0.5 miles from the main University Park campus. Situated along USC's iconic Fraternity Row, Victory House benefits from its premier location within the USC DPS security patrol zone, making it an attractive and secure option for students.Originally built in 1906, the property was extensively renovated in 2022 (approximate) with 2 new ADU addition and has since been in service as a student housing project, achieving 100% occupancy from the inception of the student housing conversion. Currently 17% occupancy. The property offers a total building size of 12,269 SF, on a 11,247 SF lot (per previous appraisal completed in 2021). For reference, title shows a total of 10,829 Building SF, (Buyer to verify). Victory House's prime location, combined with the ever-increasing demand for affordable student housing in Los Angeles, presents a rare and compelling investment opportunity.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Zoning RD1.5

Interior

Heating None

Cooling None

Fireplace No

Exterior

Garage One Space

Parking Type One Space

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5123013409

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Daniel Baird • Sperry Van Ness
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