1420 W 22nd Street

Los Angeles , CA 90007

MLS#: TR25171507

$1,600,000

Status: Active
Listing number: TR25171507
Listing provided by: Partner Real Estate
Listing agent phone: None
Last update: 14 hours ago
New on site 2 days ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1901

Sq.Footage

N/A

Attention investors! 7.3% CAP RATE!!! A prime investment opportunity in the heart of the USC rental market, this fully furnished property features a 5-bedroom, 4-bathroom single-family residence with updated electrical and plumbing systems in 2020 and a permitted 5-bedroom, 3-bathroom ADU, newly built in 2024 with paid off solar. Both units are fully leased to USC students. Designed for maximum efficiency, the property includes separate electric meters, with tenants responsible for LADWP, SoCal gas, internet, trash and sewer. The paid-off solar panels further enhance cost savings, making this an even more attractive investment. A 2024 paved driveway offers six parking spaces, a rare and valuable feature in this high-demand area. Located just minutes from USC, with easy access to shopping, dining, and major freeways, this turnkey rental offers amazing cap rate with room for increased returns. Don’t miss this rare opportunity to own a high-yield investment in one of Los Angeles’ strongest rental markets.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Ductless

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Ductless

Exterior

  • Garage

    No

  • Parking

    Driveway

  • Pool

    Yes

  • Pool Features

    None

  • View

    None

Area & Lot

  • Lot Size(acres)

    0.1353

  • Property Type

    Residential Income

  • Property Sub Type

    Single Family Residence

Price

  • Sales Price

    $1,600,000

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    NO

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    1

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    25

  • Water Source

    Public

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Location

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Los Angeles

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Listing Courtesy of Julie Tung , Partner Real Estate

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Attention investors! 7.3% CAP RATE!!! A prime investment opportunity in the heart of the USC rental market, this fully furnished property features a 5-bedroom, 4-bathroom single-family residence with updated electrical and plumbing systems in 2020 and a permitted 5-bedroom, 3-bathroom ADU, newly built in 2024 with paid off solar. Both units are fully leased to USC students. Designed for maximum efficiency, the property includes separate electric meters, with tenants responsible for LADWP, SoCal gas, internet, trash and sewer. The paid-off solar panels further enhance cost savings, making this an even more attractive investment. A 2024 paved driveway offers six parking spaces, a rare and valuable feature in this high-demand area. Located just minutes from USC, with easy access to shopping, dining, and major freeways, this turnkey rental offers amazing cap rate with room for increased returns. Don’t miss this rare opportunity to own a high-yield investment in one of Los Angeles’ strongest rental markets.

1420 W 22nd Street

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