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