229 28th Street, Los Angeles

Click the arrows next to the image to browse our photo gallery for this property.

Location, Location! The best location is adjacent to downtown and USC. Downtown is 2.4 miles away, and USC is within walking distance of approximately 1.1 miles, about a 20-minute walk. Sitting on a 6,590 SF lot, there are two separate units with addresses 229 and 231. Both units underwent a complete remodeling in 2000, including new rooms, bathrooms, two kitchens, interior design, new HVAC system, new appliances, and a yard. Each remodeled unit consists of four rooms, each with its own bathroom. There are a total of 8 wall-mounted HVAC units installed, one in each room. The yard is covered with concrete and requires minimal maintenance. Two refrigerators are included, and each unit has its own separate electric, gas, and water meters. Recent remodeling ensures low maintenance and maximizes income potential. The current actual rent from tenants is $7,100, with a proforma rent income of $8,000. With independent bathrooms and air conditioning in each room, this property is ideal as a room rental for USC students or downtown professionals, providing optimal income potential.