1420 W 22nd Street, Los Angeles, CA 90007
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
1420 W 22nd Street,Los Angeles, CA 90007
$1,500,000
- 10 Beds
- - Baths
- 2,443 sq. ft.
- Multi-family
- Active
Listed by: julie tung
Office: real broker
MLS#:CRTR25171507
Source:CA_BRIDGEMLS
Price summary
- Price:$1,500,000
- Price per sq. ft.:$614
About this home
// PRICE IMPROVEMENT // Almost 8% 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 furnished and leased to USC students. Designed for maximum efficiency, the property includes separate electric meters, tenants are 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.
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Home facts
- Year built:1901
- Listing ID #:CRTR25171507
- Added:118 day(s) ago
- Updated:November 25, 2025 at 11:47 PM
Rooms and interior
- Bedrooms:10
- Living area:2,443 sq. ft.
Structure and exterior
- Year built:1901
- Building area:2,443 sq. ft.
- Lot area:0.14 Acres
Finances and disclosures
- Price:$1,500,000
- Price per sq. ft.:$614
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