1420 W 22nd Street, Los Angeles, CA

$1,500,000

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10

Beds

7

Baths

0.14

Acres

About 1420 W 22nd Street

// PRICE IMPROVEMENT // Almost 8% CAP RATE!!! 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. Dont miss this rare opportunity to own a high-yield investment in one of Los Angeles strongest rental markets.

Features of 1420 W 22nd Street

MLS® # TR25171507
Price $1,500,000
Bedrooms 10
Bathrooms 7.00
Acres 0.14
Type Residential Income
Sub-Type Res Income 2-4 Units
Status Active

Community Information

Address 1420 W 22nd Street
Area LOS ANGELES (90007)
City Los Angeles
County Los Angeles
State CA
Zip Code 90007

Amenities

Is Waterfront No
Has Pool No
Pool N/K

Interior

Fireplace Yes
Stories 1 Story

Exterior

Lot Description Sidewalks

Additional Information

Date Listed January 5th, 2025
Days on Market 291
Zoning Public Rec
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficePartner Real Estate

Listing Map

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