$ 875,000
-
$875,000
Price -
4
Bed -
4
Bath -
2,436
SqFt
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About the Listing OC07744 - OCFRENCAS
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.
Listing Highlights
Status
Active
Days on Site
24
Property Type
Multi-Family
MLS ®
OC26126352
Year Built
1901
Total Square Footage
2,436
Lot/Acreage
0.13
County
Los Angeles
Area
C42 - Downtown L.A.
Interior Details
- Bedrooms: 4
- Bathrooms: 4 Full
- Appliances: Gas Range
- Air Cond: Wall/Window Unit(s)
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: See Remarks
Exterior Details
- Lot Description: 0-1 Unit/Acre,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 0
- Roof: Asphalt
- Others: 2+ Total Units
- Sewer: Public Sewer
- Parking Features: Driveway Level,Driveway,On Site,Paved,One Space
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5055019021
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
1256 W 22nd Los Angeles, CA 90007
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