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1420 W 22nd Street Los Angeles, CA $ 1,500,000
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$ 1,500,000 Get more info
1420 W 22nd Street
$ 1,500,000
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1420 W 22nd Street

Los Angeles, CA, 90007
$ 1,500,000
Baths4.0 Sq 2,443

Monthly Estimate*

$ 9,236

Listed by Real Broker
1420 W 22nd Street, Los Angeles, CA 90007 - Image 1
1420 W 22nd Street, Los Angeles, CA 90007 - Image 2
1420 W 22nd Street, Los Angeles, CA 90007 - Image 3
1420 W 22nd Street, Los Angeles, CA 90007 - Image 4
1420 W 22nd Street, Los Angeles, CA 90007 - Image 5
1420 W 22nd Street, Los Angeles, CA 90007 - Image 6
1420 W 22nd Street, Los Angeles, CA 90007 - Image 7
1420 W 22nd Street, Los Angeles, CA 90007 - Image 8
1420 W 22nd Street, Los Angeles, CA 90007 - Image 9
1420 W 22nd Street, Los Angeles, CA 90007 - Image 10
1420 W 22nd Street, Los Angeles, CA 90007 - Image 11
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Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,500,000 with 4 full baths. This 2,443 square foot home was built in 1901 on a lot size of 0.1353.

// PRICE IMPROVEMENT // Almost 8% CAP RATE with POSIVITE CASH FLOW!!! A prime investment opportunity in the heart of the USC rental market, this fully furnished property features a 5-bedroom, 4-bathroom single-family residence with updated electrical and plumbing systems in 2020 and a permitted 5-bedroom, 3-bathroom ADU, newly built in 2024 with paid off solar. Both units are fully furnished and leased to USC students. Designed for maximum efficiency, the property includes separate electric meters, tenants are responsible for LADWP, SoCal gas, internet, trash and sewer. The paid-off solar panels further enhance cost savings, making this an even more attractive investment. A 2024 paved driveway offers six parking spaces, a rare and valuable feature in this high-demand area. Located just minutes from USC, with easy access to shopping, dining, and major freeways, this turnkey rental offers amazing cap rate with room for increased returns. Don’t miss this rare opportunity to own a high-yield investment in one of Los Angeles’ strongest rental markets.

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Multi-Family Active

Price

$ 1,500,000

Bedrooms

Studio

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1353

Year Built

1901

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

TR25171507

Days on Market

452
Features
General
Sewer Public Sewer
Heating Ductless
Cooling Ductless
Utilities Electricity Available Natural Gas Available Sewer Available Water Available
Possession See Remarks
Roof Shingle
Appliances Gas Oven Gas Range Refrigerator Range Hood Tankless Water Heater Water Heater
Zoning LARD2
HOA Fee 0
Garage Spaces 0
Pool Features None
Year Built 1901
Electric Standard
Tenant Pays All Utilities
View None
Stories Count 1
Levels One
Property Subtype Single Family Residence
Gross Income 140700
Community Features Sidewalks
County Los Angeles
Net Operating Income 138700
Operating Expense 2000
Insurance Expense 2000
New Construction false
Property Type Residential Income
HOA false
MaintenanceExpense 2000
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions S. Hoover St. and Vermont Ave.
City Los Angeles
Entry Location Front
Senior Community Y/N false
Number Of Units Total 2
MLS Area C16 - Mid Los Angeles
Lot Size Units Square Feet
Lot Size Square Feet 5893
Carport Spaces 6
Carport Y/N true
Listing Terms Cash Conventional
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Property Condition Turnkey
Trash Expense 0
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 25
Total Actual Rent 140700
Property Sub Type Additional Single Family Residence
Cap Rate 7.3
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Interior
Interior Amenities Furnished
Flooring Laminate
Fireplace Features None
Total Stories 1
Common Walls 2+ Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Common Area
Entry Level 1
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Exterior
Fencing Brick Wire
Parking Features Driveway
Lot Features 2-5 Units/Acre
Water Source Public
Total Parking 6
Lot Size Area 5893
Number of Buildings 2
Spa false
Building Area Total 2443
Lot Size Acres 0.1353
Private Pool false
Lot Size Source Public Records
Number of Separate Water Meters 2
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
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* Excluded Features
List By
Real Broker

Broker

jtungrealty@gmail.com

Email

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$9,236
Per Month
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Monthly Principal & Interest
$9,236
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Default based on a 30-year fixed rate of 6.25% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/20/2025$1,500,000 Listed Price

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1420 W 22nd Street, Los Angeles, CA, 90007 is a Multi-Family Home for sale at $1,500,000 with 2,443 sqft and a lot size of 0.1353. 1420 W 22nd Street is a studio with 4.0 baths and was built in 1901. The property's zip code is 90007 which is in Los Angeles, CA

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