668 W 28th Street
Los Angeles, CA 90007
12269 sqft | 29 beds | 0.26 acres | #24455899
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.
Property Details
- Property SubtypeResidentialIncome
- Property TypeMulti-Family
- CountyLos Angeles
- MLS #24455899
- MLS #24455899
- Acres0.2582
- Square Feet12269
- Year Built1906
- Bedrooms29
- Original List Price$1
- Stories2
- Cost1
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. 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
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Daniel Baird (#CLW-X60674)
Listing Office: Sperry Van Ness (#CLW-X75252)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
