1415 West 22nd Street Los Angeles, CA ^$ 1,047,500

1415 West 22nd Street

^$ 1,047,500

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1415 West 22nd Street

Los Angeles, CA, 90007

^$ 1,047,500

Studio Baths0.0 Sq 2,189

Monthly Estimate*

^$ 7,317

1415 West 22nd Street, Los Angeles, CA 90007 - Image 1

1415 West 22nd Street, Los Angeles, CA 90007 - Image 2

1415 West 22nd Street, Los Angeles, CA 90007 - Image 3

1415 West 22nd Street, Los Angeles, CA 90007 - Image 4

1415 West 22nd Street, Los Angeles, CA 90007 - Image 5

1415 West 22nd Street, Los Angeles, CA 90007 - Image 6

1415 West 22nd Street, Los Angeles, CA 90007 - Image 7

1415 West 22nd Street, Los Angeles, CA 90007 - Image 8

Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,047,500. This 2,189 square foot home was built in 2002 on a lot size of 0.14.

We are pleased to offer the opportunity to acquire this two (2) building student housing portfolio on 1415 W. 22nd Street & 1421 W. 22nd Street, located in the DPS patrol zone, and close proximity to the University of Southern California (USC). The investment consists of two (2) contiguous 3-unit apartment buildings (6 units total), built recently in 2002. The properties feature a unit mix of one (1) 3 bedroom + 2 bathroom unit, as well as two (2) 1 bedroom + 1 bathroom units. The investment also allows the opportunity to further increase cash flow by adding Accessory Dwelling units (ADU's- Buyer to Verify) in the rear of the oversized 12,287 sqft lot. Given the location, attractive local area amenities, and opportunity to increase rental income, this investment presents an excellent opportunity for an investor to acquire a unique portfolio in the attractive USC submarket that will provide exponential returns with value add upside. Both properties are being sold contiguously (Total Price: $2,095,000).

Multi-Family Active

Price

^$ 1,047,500

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.14

Year Built

2002

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0022218859

Features

General

Zoning LARD2

Year Built 2002

Levels Two

County Los Angeles

Net Operating Income 31250.0

New Construction No

Property Type C

HOA / Comm Assn No

Status Active

City Los Angeles

Buyer Agent Compensation 2.00

Senior Community Y/N No

MLS Area C16 - Mid Los Angeles

Lot Size Square Feet 5997.0

Street Name 22nd

Standard Status Active

Buyer Agent Compensation Type %

Exterior

Parking Features Gated

Lot Size Area 5997.0

Building Area Total 2189.0

Lot Size Acres 0.14

Lot Size Units Square Feet

Land Lease Type Fee

Interior

Total Stories 2

Street Suffix Street

Total Baths 0

* Excluded Features

List By

Adam Shamooelian

Listing Agent

Keller Williams Beverly Hills

Broker

Affordability Calculator

$7,317

Per Month

Monthly Principal & Interest: $7,317
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$2,000,821

Percent of Sale Price 91%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/25/2023	$1,047,500	-4.56%	Price Down
11/17/2022	$1,097,500		Listed Price

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1415 West 22nd Street, Los Angeles, CA, 90007 is a Multi-Family Home for sale at $1,047,500 with 2,189 sqft and a lot size of 0.14. 1415 West 22nd Street is a studio with 0.0 baths and was built in 2002. The property's zip code is 90007 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 2/20/2024. 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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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1415 West 22nd Street

Multi-Family Home for sale in Los Angeles, CA

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