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$1,047,500
5 bed
2,189 Sqft
5,997 Sqft lot

1415 W 22nd Street, Los Angeles, California 90007

  • Residential Income Property Type
  • 608 Days Time on market
  • $479 Price per sqft
  • 2002 Year Built
Property 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).

Basic Details
Residential Income
Buy
22218859
$1,047,500
5
2,189 Sqft
2002
5,997 Sqft
Active
Condos/Co-ops
Features
10
$0
Address
CA
Los Angeles
Los Angeles
90007
1415 W 22nd Street
1415
Street
0
W119° 42' 37.3''
N34° 2' 10.4''
W
Additional Information
608
2
2
4
: Two
2,189 Sqft
0 Sqft
0 Sqft
0.14 Sqft
5,997 Sqft
1
0 Sqft
LARD2
5055001047
$0
$0
$0
$0
1
$0
$0
0 Sqft
0 Sqft
$0
1
16/11/2022 16:17:09
$1,097,500
: Standard
1415 W. 22nd Street, 90007 | 1421 W. 22nd Street, 90007
Keller Williams Beverly Hills
Adam Shamooelian
CLW-X74054
CLW-C136898
$0
1
1
0
0
1
3
45000
US-06037-N-5055001047-R-N
17/11/2022 00:25:40
22nd
C16 - Mid Los Angeles
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