Check Availability
$1,047,500
↓ $50K (4.6%)
Property - For Sale

1415 W 22nd St

Los Angeles, CA 90007
bedrooms
Studio
bathrooms
0 Bath
square feet
2189 Sqft
$1,047,500
RealtyHop Estimate
0.00%
Since Dec 1, 2023
CA-Los Angeles
Primary Model

About This Property

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).

The manager has listed the unit size as 2189 square feet.
Unit Size
2,189Ft²
Days on Market
528 days
Land Size
0.14 acres
Price per sqft
$479
Property Type
Property
Property Taxes
-
HOA Dues
-
Year Built
2002
Listed By
Adam Shamooelian
Keller Williams Beverly Hills
Last updated: 6 months ago (CLAWCA #218859)

Price History

Date / Event Date Event Price
Jan 26, 2023 Price Decreased $1,047,500
↓ $50K (4.6%)
Price Decreased
Nov 16, 2022 Listed by KELLER WILLIAMS BEVERLY HILLS REALTY $1,097,500
Listed by KELLER WILLIAMS BEVERLY HILLS REALTY

Property Highlights

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
5 Beds
-
-
$1,047,500 Nov 16, 2022
-
-
Multifamily
4 Beds
-
-
$1,000,000 Oct 14, 2021
-
-
House
4 Beds
2 Baths
1,271 ft²
$818/ft²
$1,040,000 Mar 8, 2023
-
-
Multifamily
7 Beds
5 Baths
3,118 ft²
$321/ft²
$1,000,000 Mar 28, 2023
-
-
Multifamily
8 Beds
3 Baths
3,084 ft²
$357/ft²
$1,100,000 Apr 18, 2023
-
-
Multifamily
7 Beds
5 Baths
4,494 ft²
$267/ft²
$1,200,000 Feb 1, 2023
-
-
Multifamily
8 Beds
4 Baths
4,124 ft²
$291/ft²
$1,200,000 Apr 17, 2023
-
-
Quadruplex
7 Beds
4 Baths
2,728 ft²
$363/ft²
$990,000 Feb 3, 2023
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

1415 West 22nd Street 1415 West 22nd Street, Los Angeles, CA 90007
  • 1 Unit for Sale
More about this Building
1415 West 22nd Street
Want to find out who owns 1415 West 22nd Street, Los Angeles, CA 90007? Get detailed property transactions here .

About South LA


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