Victory House East | 668 W 28th St
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Victory House East 668 W 28th St
60 Unit Block of Flats For Sale Los Angeles, CA 90007
Investment Highlights
- Located in Fraternity Row: 2 Blocks to USC North Campus and within USC Patrol Zone
- Two-story Main Building: A front detached ADU with a rooftop deck access; and an attached ADU in the rear
- ADU: Newly construction within the past 2 years
- 60-bed Student Housing Asset
- ~17% Occupancy: Ideal for a value-add student housing operator
Executive Summary
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.
**Open House On 10/25 - EMAIL Broker To RSVP
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.
**Open House On 10/25 - EMAIL Broker To RSVP
Property Facts
Unit Amenities
- Air Conditioning
- Kitchen
- High Speed Internet Access
- Tub/Shower
Site Amenities
- Controlled Access
- Laundry Facilities
- Grill
- Lounge
- Private Bathroom
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Walk Score ®
Walker's Paradise (93)
Transit Score ®
Excellent Transit (81)
Bike Score ®
Biker's Paradise (100)
PROPERTY TAXES
Parcel Number | 5123-013-409 | Improvements Assessment | £2,321,102 |
Land Assessment | £4,431,196 | Total Assessment | £6,752,298 |
PROPERTY TAXES
Parcel Number
5123-013-409
Land Assessment
£4,431,196
Improvements Assessment
£2,321,102
Total Assessment
£6,752,298
zoning
Zoning Code | RD1.5 (Restricted Density Multiple Dwelling One-Family Dwellings, Two-Family Dwellings, Apartment Houses, Multiple Dwellings, Home Occupations) |
RD1.5 (Restricted Density Multiple Dwelling One-Family Dwellings, Two-Family Dwellings, Apartment Houses, Multiple Dwellings, Home Occupations) |
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Victory House East | 668 W 28th St
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