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1421 W 22nd St
Los Angeles, CA 90007

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Property Details


List Price: $1,047,500
Beds: 5
Baths: --
Status: Active
SqFt: 2189
Agency: KELLER WILLIAMS BEVERLY HILLS REALTY

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Description/Comments


Lot Size: --
Property Type: Residential
Year Built: 2002
Notes: 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).
MlsNumber: 22-218883


Listing Provided By: KELLER WILLIAMS BEVERLY HILLS REALTY, original listing
Name: KELLER WILLIAMS BEVERLY HILLS REALTY
Phone: (310) 432-6400
Office Name: Keller Williams Beverly Hills
Office Phone: (310) 432-6400
Agent Name: Adam Shamooelian
Disclaimer: Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


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