1032 W 22nd Street, Los Angeles, CA 90007

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
1032 W 22nd Street,Los Angeles, CA 90007
$1,040,000
  • - Beds
  • - Baths
  • 2,014 sq. ft.
  • Multi-family
  • Active
Listed by: daniel lewin
Office: younglewin advisors, inc.562-318-0215
MLS#:PW26241158
Source:CRMLS

Price summary

  • Price:$1,040,000
  • Price per sq. ft.:$516.39

About this home

Fully Leased USC-Area 2-Unit Property - Victorian Front House + 2018 ADU, 6.59% Current Cap Rate, 5-Minute Walk to USC. 1032 W. 22nd Street presents a 2-unit, 7-bedroom investment opportunity located a short 5-minute walk to the USC campus. The property consists of a classic 1895 Victorian front house configured as a 4 bed/4 bath and a detached 2018-built 3 bed/3 bath ADU, totaling approx. 2,014 SF on a 6,209 SF lot. Both units feature updated interiors with wood-style flooring, white cabinetry, and stainless steel appliances, and the front house includes in-unit laundry. The property is fully leased, providing immediate in-place income. Offered at $1,040,000, $520,000 per unit and $516 per square foot, at a 6.59% current cap rate and 10.13 GRM. Current rents total $8,556/month ($102,672/year), with projected market rents of $9,450/month ($113,400/year), reflecting a 9.17 GRM and 7.53% cap rate. As a 2-unit property, it may qualify for residential financing. Located...

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Home facts

  • Year built:1895
  • Listing ID #:PW26241158
  • Added:1 day(s) ago
  • Updated:November 13, 2026 at 05:39 AM

Rooms and interior

  • Flooring:Laminate
  • Kitchen Description:Dishwasher, Gas Range, Microwave, Refrigerator
  • Living area:2,014 sq. ft.

Structure and exterior

  • Year built:1895
  • Building area:2,014 sq. ft.
  • Lot area:0.14 Acres
  • Lot Features:Level with Street, Rectangular Lot
  • Architectural Style:Victorian
  • Levels:1 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,040,000
  • Price per sq. ft.:$516.39

Features and amenities

  • Appliances:Dishwasher
  • Laundry features:Inside
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