$ 849,000
-
$849,000
Price -
7
Bed -
4
Bath -
3,168
SqFt
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About the Listing PB20378 - PWALMBOR,SBSAMICAM
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.
Listing Highlights
Status
Active
Days on Site
35
Property Type
Multi-Family
MLS ®
PW26081006
Year Built
1913
Total Square Footage
3,168
Lot/Acreage
0.1
County
Los Angeles
Interior Details
- Bedrooms: 7
- Bathrooms: 4 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: 0-1 Unit/Acre,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 0
- Roof:
- Others: 2+ Total Units
- Sewer: Public Sewer
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5054023032
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
Years
% Down Payment
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Questions About..
1543 W 22nd Pl Los Angeles, CA 90007
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