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22nd
1421
Street
1415 W. 22nd Street, 90007 | 1421 W. 22nd Street, 90007
C16 - Mid Los Angeles
W
LARD2
Listing Broker
Keller Williams Beverly Hills
Adam Shamooelian
Adam
Shamooelian
Additional Information
Two
3
2022-11-16
2
2
548
5.0
5055001048
479
Listing Information
CLW-C136898
CLW-X74054
2024-05-17T18:24:31Z
Standard
2022-11-16T00:00:00Z
CRMLS
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).

1421 22nd Street, Los Angeles, CA 90007

  • Bedrooms : 5
  • Bathrooms (Full) : 4
  • Square Footage: 2,189 Sqft
  • Visits : 43 in 551 days
$1,047,500
Listing ID#22218883
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Property Details
Year Built : 2002
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 22218883
Price : $1,047,500
Bedrooms : 5
Bathrooms (Full) : 4
Square Footage : 2,189 Sqft
Lot Area : 6,290 Sqft
Country : US
State : CA
County : Los Angeles
City : Los Angeles
Zip Code : 90007
Status : Active
Previous Price : 1097500
Building Size : 2189
Mls Status : Active
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