1255 West 22nd Street

Los Angeles, CA 90007

$850,000
Last Sold Price
5
Beds
3
Baths
3,167 Sq. Ft.
$268 / Sq. Ft.
3,167
Sq. Ft.
$268
per Sq. Ft.

Description

Great income property well maintained triplex within USC vicinity. One of the units was recently remodeled and will be ready for future owner or tenant to move in. A 472 sqft. ADU plans are in process to be approved to convert the garage with an addition. Second floor unit is 3 Bedrooms and 1 bathroom, first floor units are 1 bedroom and 1 bathroom with laundry area. This triplex is in a great location minutes away from USC campus & village, Downtown LA, Fashion District, Natural History Museums...Great income property well maintained triplex within USC vicinity. One of the units was recently remodeled and will be ready for future owner or tenant to move in. A 472 sqft. ADU plans are in process to be approved to convert the garage with an addition. Second floor unit is 3 Bedrooms and 1 bathroom, first floor units are 1 bedroom and 1 bathroom with laundry area. This triplex is in a great location minutes away from USC campus & village, Downtown LA, Fashion District, Natural History Museums of LA, Jewelry District, Financial District, Staples Center, Convention Center, LA Live, LA Memorial Coliseum, Banc of California Stadium and access to Freeways 10, 110, 5, & 60. Please do not disturb tenants. Drive-by only.
  1. Listed by Max Bautista Jr. • DRE #01477568 • Brokerage DRE #02078273 • Beverly and Company, Inc.

Property Details for 1255 West 22nd Street

Parking Spaces Total
3
Private Pool
No
Cooling Type
None
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3167
Assessor Parcel Number
5055-019-036

Location

Listing Courtesy of Beverly and Company, Inc., Max Bautista Jr., DRE #01477568

Sold By Hope Investment, Jung Hong, DRE #00631615

Add your commute
LISTING UPDATED: 07/23/2021 06:38 AM

Property Details for 1255 West 22nd Street

StatusClosed
MLS #SR21047120
Days on Market90
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1912
Lot Size0.10 AC / 4,461 SF
CountyLos Angeles County

Location

Listing Courtesy of Beverly and Company, Inc., Max Bautista Jr., DRE #01477568

Sold By Hope Investment, Jung Hong, DRE #00631615

Add your commute

Building Information for 1255 West 22nd Street

Stories2Residences-Year Built1912Building Size-Lot Size0.10 AC / 4,461 SF

Payment Calculator

$5,545 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,639

Property Taxes

$906

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1255 West 22nd Street

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas, Telephone
Income / Expense / Tax Details
Income Details
  • Gross Income: $26,690
  • Gross Scheduled Income: $26,690
  • Gross Operating Income: $26,689
  • Net Operating Income: $41,090
  • Number Of Rented Garages: 0
  • Garage Rental Rate: $0
  • Garage Income: $0
  • Laundry Income: $0
  • Current Financing: Conventional
  • Financing: Conventional
Expense Details
  • Operating Expense: $2,766
  • New Taxes Expense: $0
  • Insurance Expense: $1,500
  • Trash Expense: $350
  • Water Sewer Expense: $1,252
  • Total Expenses: $2,767
Tax / Assessment Info
  • Tax Block: 13
  • Tax Tract Number: 5055
  • Tax Census Tract: 2217.10
  • Tax Lot: 9
Community / Development
Community / Development
  • Accessibility Features: Parking
  • Disability Access: Other Main Level Modifications
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Biking, Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Appliances: None
  • Equipment: Gas Or Electric Dryer Hookup, Inside, None, Room
  • Interior Features: Balcony
  • Room Type: Laundry
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room, Inside
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating Type: Natural Gas
  • Heating: Wall Furnace, Natural Gas
  • Flooring: Carpet, Wood
Exterior Features
  • Roof: Shingle
  • Entry Location: FRONT
  • Fence: Yes
  • Fencing: Block, Excellent Condition
  • Pool Features: None
  • Pool Description: None
  • Spa Features: None
Land/Lot Info
  • Lot Features: Flag Lot, Yard
  • Direction Faces: East
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: Two
  • Sewer: Public Sewer
  • Utilities: Cable Not Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Connected, Water Available
  • Water Source: Public
Parking Info
  • Garage Spaces: 1
  • Parking: Yes
  • Parking Garage: Driveway, Garage, Garage - 1 Car
  • Parking Garage Spaces: 1
  • Carport Spaces: 0
  • Parking Features: Driveway, Garage, Garage Faces Front, Garage - Single Door
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,554
  • Unit Type Total Rent: $1,554
  • Unit Type Pro Forma: 2800
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $901
  • Unit Type Total Rent: $901
  • Unit Type Pro Forma: 1750
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 1900
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 2
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 0
  • Number With Range: 0
  • Number With Refrigerator: 0

Property History for 1255 West 22nd Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1255 West 22nd Street

Taxable ValueLand$714,000Additions$153,000Total$867,000
Tax Record2023$10,873 ($906 / month)
Home Facts
Total Finished SqFt3,167 SqFtAbove Grade Finished SqFt3,167 SqFtLot Size4,461 SqFtStyleTriplexZoningLARD2CountyLOS ANGELESAPN5055-019-036

Schools near 1255 West 22nd Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 12
Rating
School
Distance
Norwood Street Elementary School
PublicK to 5

John Adams Middle School
Public6 to 8

West Adams Preparatory High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Beverly and Company, Inc., Max Bautista Jr., DRE #01477568

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.