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668 W 28th St
Los Angeles, CA 90007
Victory House East · Multifamily Property For Sale
·
30 Units
Investment Highlights
- Located in Fraternity Row: 2 Blocks to USC North Campus
- Two-story Main Building: a front detached ADU with a rooftop deck access; an attached ADU in the rear
- ADU: newly construction within the past 3 years
- Within USC Patrol Zone
- ~83% Occupancy (from June 2025): ideal for a fraternity or sorority as leases roll over
- 30 bedroom student housing/fraternity asset: large bedrooms - potential double or triple beds occupancy
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 30-bedroom 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. 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.
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. 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 Facts
| Sale Type | Investment | Lot Size | 0.26 AC |
| No. Units | 30 | Building Size | 12,269 SF |
| Property Type | Multifamily | Average Occupancy | 33% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1906 |
| Building Class | B | Opportunity Zone |
Yes
|
| Zoning | RD1.5 - Restricted Density Multiple Dwelling One-Family Dwellings, Two-Family Dwellings, Apartment Houses, Multiple Dwellings, Home Occupations | ||
| Sale Type | Investment |
| No. Units | 30 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.26 AC |
| Building Size | 12,269 SF |
| Average Occupancy | 33% |
| No. Stories | 2 |
| Year Built | 1906 |
| Opportunity Zone |
Yes |
| Zoning | RD1.5 - Restricted Density Multiple Dwelling One-Family Dwellings, Two-Family Dwellings, Apartment Houses, Multiple Dwellings, Home Occupations |
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
- High Speed Internet Access
- Tub/Shower
Site Amenities
- Controlled Access
- Laundry Facilities
- Grill
- Lounge
- Private Bathroom
Property Taxes
| Parcel Number | 5123-013-409 | Improvements Assessment | $4,051,779 CAD |
| Land Assessment | $7,735,214 CAD | Total Assessment | $11,786,992 CAD |
Property Taxes
Parcel Number
5123-013-409
Land Assessment
$7,735,214 CAD
Improvements Assessment
$4,051,779 CAD
Total Assessment
$11,786,992 CAD
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