Active

1514 E 22nd ST

LOS ANGELES CA, 90011

$1,895,000


$440.70 per sqft

Active

12 Beds

7 Baths

4,300 sqft

Multi-family

Built in 2024

New modern West LA living near Downtown LA! Come and check out the this 3 unit ground up construction only 2.6 miles away from the Crypto arena and DTLA! This home is close to major transits Only couple blocks from the Blue Line Station that has quick access to get to Downtown LA and Downtown Long Beach (76 Walk Score). This property is perfect investors who are LOOKING IN OPPORTUNITY ZONES! Yes that right, this property is located in an OZ. Investors get to enjoy a nice cash flow off this home with of a pro-forma of $150,000 in gross rents. Amazing est. 6 % CAP rate and a 12.6X GRM. Property has total of 12 bedrooms and 7 baths. First two units offer a 5 bedroom, 3 baths. ADU unit offers 2 bedroom and 1 bath with the garages on the bottom, perfect to build an additional unit once you buy it. This property has all the modern touches in today s market such as laminate flooring, balconies, recessed lighting, quarts countertops on kitchen, backsplash, central AC, washroom, PAID OFF solar systems, and very low expenses as all units have separate utilities including water meters. Near retailers include Autozone, Tacos Gavilan, Superior Grocers, Jersey Mike s Subs and many more. This by far is one of the best property in the neighborhood. Come check it out before is gone!

DW24238017MR

MLS ID

November 20, 2024

Listed

November 21, 2024

Updated

Map

1514 E 22nd ST
LOS ANGELES CA, 90011

Interior Features

Total Stories

1


Bedrooms

12


Total Bathrooms

7


Laundry Description

Room


Fireplace

Yes


Fireplace Description

Dining


Cooling

Yes


Cooling Description

Central


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.13 Acres


Architectual Style

Modern


Sewer

Public Sewer

Other Property Details

Area Name

Downtown L.A.


Garage

Yes


Garage Spaces

2


Parking Total

6


View

No


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

LAR2

Listed by Daniel Terrazas with VIP Real Estate Firm
Listing Contact: 562-231-3333 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Approach Properties Premium Real Estate Services shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 11/21/2024

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