1256 W 22nd, Los Angeles, CA 90007
- $875,000
List Agent Cassie French () The Agency; CoList ()
- List Price
- $875,000
- Status
- ACTIVE
- MLS#
- OC26126352
- Year Built
- 1901
- Lot Size
- 5,859
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 51
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
- Stories
- Two Levels
Property Description
INCREDIBLE UPSIDE INVESTMENT OPPORTUNITY! Potential to build up to four (4) additional ADUs in the area currently designated for parking, creating significant future income potential Prime 4-unit investment opportunity just steps from USC and located within the USC Security Patrol Zone. This newly restored apartment building offers an exceptional location near USC, the LA Memorial Coliseum, BMO Stadium, the Natural History Museum, and Downtown Los Angeles. Subject to LA City RSO rent control, the property presents significant upside potential with one unit currently eligible for eviction due to non-payment. Based on comparable rentals in the area, a renovated unit may support substantially higher rental income. Ideal for investors or owner-occupants seeking a value-add opportunity with strong long-term cash flow potential in one of Los Angeles' most well-priced rental markets.
Additional Information
- Appliances
- Gas Range
- Pool Description
- None
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- View
- None
- Roof
- Asphalt
- Sewer
- Public Sewer
- Water
- See Remarks
Mortgage Calculator
Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.