$1,047,500
1421 22nd Street, Los Angeles 90007
5
Beds
4
Baths
2,189
Square feet
6,290
Lot Size
3
# Of Units
Listing Agent
Adam Shamooelian - Keller Williams Beverly HillsWe 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® # | 22218883 |
---|---|
Price | $1,047,500 |
Bedrooms | 5 |
Bathrooms | 4.00 |
Square Footage | 2,189 |
Lot Size | 6,290 |
Year Built | 2002 |
Type | Residential Income |
Status | Active |
# Of Units | 3 |
Community Information
Address | 1421 22nd Street |
---|---|
Area | C16 - Mid Los Angeles |
City | Los Angeles |
County | Los Angeles |
Zip Code | 90007 |
Amenities
Parking Spaces | 5 |
---|---|
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
Agent | Adam Shamooelian |
---|---|
Office | Keller Williams Beverly Hills |