1543 1/2 W 22nd, Los Angeles, CA 90007
1543 1/2 W 22nd, Los Angeles, CA 90007
1543 1/2 W 22nd, Los Angeles, CA 90007
1543 1/2 W 22nd, Los Angeles, CA 90007
1543 1/2 W 22nd, Los Angeles, CA 90007
1543 1/2 W 22nd, Los Angeles, CA 90007
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Preet Sandhu

Preet Sandhu

+1(559) 907-9993
$ 799,000
Est. payment | /mo

4,212 Sqft Lot

Save
$ 799,000
Est. payment | /mo
Save

4,212 Sqft Lot

Key Details

Property Type Other Types

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW26231829

HOA Y/N No

Year Built 1913

Lot Size 4,212 Sqft

Property Sub-Type Apartment

Property Description

DELIVERED WITH ONE UNIT VACANT AT CLOSE OF ESCROW. Just under $5,850 monthly rental income. This 4-unit value-add asset is located within walking distance to USC and just minutes from the 10 Freeway, offering investors a strong rental location with long-term upside.

The property is currently operating at a 6.10% cap rate and 11.40 GRM, with approximately 52% upside in rents. With one unit delivered vacant, a new owner has the opportunity to immediately renovate, lease at market, and begin capturing upside from day one.

With a motivated seller, strong location fundamentals, and clear rental upside, this building is ready for a new owner to step in and take advantage of the long-term value-add opportunity.

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Interior

Fireplace No

Laundry None

Exterior

Pool None

Community Features Biking, Hiking, Sidewalks

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5054023032

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Boris Almengor Lyon Stahl Investment Real Est balmengor23@gmail.com, DRE #02092597

Nearby Locations

Preet Sandhu

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(559) 907-9993

preet@riserealtyca.com

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1543 1/2 W 22nd

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