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For Sale

$875,000

5,859 sqft$149/sqft150 days on market

1256 W 22nd ST

Los Angeles, CA 90007

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

5,859

Square feet

1901

Built

Listing narrative

Description

INCREDIBLE UPSIDE INVESTMENT OPPORTUNITY! Potential to build up to four (4) additional ADUs in the area currently designated for parking, creating significant future income potential Prime 4-unit investment opportunity just steps from USC and located within the USC Security Patrol Zone. This newly restored apartment building offers an exceptional location near USC, the LA Memorial Coliseum, BMO Stadium, the Natural History Museum, and Downtown Los Angeles. Subject to LA City RSO rent control, the property presents significant upside potential with one unit currently eligible for eviction due to non-payment. Based on comparable rentals in the area, a renovated unit may support substantially higher rental income. Ideal for investors or owner-occupants seeking a value-add opportunity with strong long-term cash flow potential in one of Los Angeles' most well-priced rental markets.

Listing agent (MLS): Cassie French · Listing brokerage (MLS): The Agency

Property Details

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Price

$875,000

Beds

Beds n/a

Type

House

Home Size

5,859 sqft

Baths

Baths n/a

Lot Size

0.13 acres

Year

1901

Status

For Sale

Days on Market

150

$ / Sqft

$149

· 8% down, 7% APR, 30yr fixed
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Courtesy of The Agency