For Sale
1421 W 22nd Street, Los Angeles, CA 90007
1421 W 22nd Street, Los Angeles, CA 90007
  • $1,047,500
  • $479

Overview

Property ID: HZ2643694
  • Residential Income
  • Property Type
  • 5
  • Bedrooms
  • 4
  • Bathrooms
  • 2189.00
  • Sqft
  • 2002
  • Year Built

Description

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).

  • Address 1421 W 22nd Street
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90007
  • Area C16 - Mid Los Angeles
  • Country United States

Details

Updated on December 29, 2023 at 8:51 pm
  • Property ID: HZ2643694
  • Price: $1,047,500
  • Property Size: 2189.00 Sqft
  • Land Area: 6290.00 Sqft
  • Bedrooms: 5
  • Bathrooms: 4
  • Year Built: 2002
  • Property Type: Residential Income
  • Property Status: For Sale
  • Living Area: 2189.00
  • Living Area Prefix: Sqft
  • MLS#: 22218883
  • Office Name: KELLER WILLIAMS BEVERLY HILLS
  • Agent Name: Adam Shamooelian
  • MLS Status: Active
  • Agent State License: 02116849

Additional details

  • County: Los Angeles
  • Parking: 5.00

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