1415 West 22nd Street
1415 West 22nd Street
$1,047,500
5
4
2,189
2,189
$479
Description
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...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).
- Listed by Adam Shamooelian • DRE #02116849 • Brokerage DRE #01425795 • Keller Williams Beverly Hills
Property Details for 1415 West 22nd Street
Zoning
LARD2
Parcel Number5055001047
Total Units3.0
Living Area2189
Source Living AreaVendor Enhanced
AreaMid Los Angeles (C16)
Vacancy Rate0
Lot Size Area5997
Location
LISTING UPDATED: 12/29/2023 12:00 PM
Property Details for 1415 West 22nd Street
Status | Active |
---|---|
MLS # | 22-218859 |
Days on Market | 526 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 2002 |
Lot Size | 0.14 AC / 5,997 SF |
County | Los Angeles County |
Location
Building Information for 1415 West 22nd Street
Stories2Residences-Year Built2002Building Size-Lot Size0.14 AC / 5,997 SF
Payment Calculator
$6,607 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1415 West 22nd Street
Property History for 1415 West 22nd Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1415 West 22nd Street
Taxable ValueLand$596,800Additions$256,567Total$853,367
Tax Record2023$10,679 ($890 / month)
Home Facts
Total Finished SqFt2,189 SqFtAbove Grade Finished SqFt2,189 SqFtLot Size5,997 SqFtStyleTriplexYear Built2002ZoningLARD2CountyLOS ANGELESAPN5055-001-047
Schools near 1415 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 |
---|---|---|
Vermont Avenue Elementary School PublicK to 5 | ||
John Adams Middle School Public6 to 8 | ||
West Adams Preparatory High School Public9 to 12 | ||
Alliance Gertz-Ressler Richard Merkin 6-12 Complex Charter6 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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