1543 W 22nd Place, Los Angeles, CA 90007
Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
1543 W 22nd Place,Los Angeles, CA 90007
$849,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Coming Soon
Listed by: boris almengor, cameron samimi
Office: lyon stahl investment real est310-425-9838
MLS#:PW26081006
Source:CRMLS
Price summary
- Price:$849,000
About this home
1543 W 22nd Pl presents an opportunity to acquire a 4-unit value-add asset in a strong Central Los Angeles rental pocket near USC and Exposition Park. Offered at $849,000, or approximately $212,250 per unit, the property features attractive in-place income with meaningful upside through repositioning to market rents. Based on the offering figures provided, the asset is currently operating at a 4.78% cap rate and 13.16 GRM, with upside to a 9.41% pro forma cap rate and 8.09 pro forma GRM.
The property is well located near USC’s University Park Campus and Exposition Park, one of Los Angeles’ most active cultural and entertainment hubs. Exposition Park is home to BMO Stadium, the California Science Center, the Natural History Museum, and the California African American Museum, creating long-term demand drivers tied to education, employment, recreation, and tourism. The location also benefits from access to the Metro E Line through Expo Park/USC Station, connecting tenants to Downtown Los Angeles, Santa Monica, and the broader Metro system.
In addition to its immediate fundamentals, the property stands to benefit from continued investment in the surrounding area. Exposition Park is also the future home of the Lucas Museum of Narrative Art, scheduled to open in 2026, adding another major destination to the neighborhood. Combined with convenient access to the 10 and 110 Freeways and a unit mix that supports strong rental growth potential, 1543 W 22nd Pl offers investors the opportunity to acquire a well-located multifamily asset with both stable current income and compelling long-term upside....
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Home facts
- Year built:1913
- Listing ID #:PW26081006
- Added:1 day(s) ago
- Updated:April 15, 2026 at 06:27 PM
Structure and exterior
- Year built:1913
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$849,000
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