$1,047,500

1415 22nd Street, Los Angeles 90007

5

Beds

4

Baths

2,189

Square feet

5,997

Lot Size

3

# Of Units

Listing Agent
Adam Shamooelian - Keller Williams Beverly Hills

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).

Facts & Features

MLS® # 22218859
Price $1,047,500
Bedrooms 5
Bathrooms 4.00
Square Footage 2,189
Lot Size 5,997
Year Built 2002
Type Residential Income
Status Active
# Of Units 3

Community Information

Address 1415 22nd Street
Area C16 - Mid Los Angeles
City Los Angeles
County Los Angeles
Zip Code 90007

Amenities

Parking Spaces 10
Is Waterfront No
Has Pool No

Interior

Has Basement No
Fireplace No
# of Stories 2
Stories Two

Additional Information

Date Listed November 16th, 2022
Days on Market 552
Zoning LARD2
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentAdam Shamooelian
OfficeKeller Williams Beverly Hills

Listing Map

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