For sale
  • Listing Provided by: 

    Julie Tung DRE #02090992 626-340-3606,

    Partner Real Estate

    $1,600,000

    1420 W 22nd St, Los Angeles, CA 90007

    10beds
    7baths
    2,443sqft
    : 
    Multi Family
    Built in 1901
    -- sqft lot
    $1,557,700 Zestimate®
    $655/sqft
    $-- HOA

    What's special

    Fully furnished property
    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.
    2 days
    on Zillow
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