About 668 28th Street
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.
