Active

1514 E 22nd Street

Los Angeles CA, 90011

$1,895,000


Active

12 Beds

Multi-family

New modern West LA living near Downtown LA! Come and check out the this 3 unit ground up construction only 2.6 miles away from the Crypto arena and DTLA! This home is close to major transitsOnly couple blocks from the Blue Line Station that has quick access to get to Downtown LA and Downtown Long Beach (76 Walk Score). This property is perfect investors who are LOOKING IN OPPORTUNITY ZONES! Yes that right, this property is located in an OZ. Investors get to enjoy a nice cash flow off this home with of a pro-forma of $150,000 in gross rents. Amazing est. 6 % CAP rate and a 12.6X GRM. Property has total of 12 bedrooms and 7 baths. First two units offer a 5 bedroom, 3 baths. ADU unit offers 2 bedroom and 1 bath with the garages on the bottom, perfect to build an additional unit once you buy it. This property has all the modern touches in todays market such as laminate flooring, balconies, recessed lighting, quarts countertops on kitchen, backsplash, central AC, washroom, PAID OFF solar systems, and very low expenses as all units have separate utilities including water meters. Near retailers include Autozone, Tacos Gavilan, Superior Grocers, Jersey Mikes Subs and many more. This by far is one of the best property in the neighborhood. Come check it out before is gone!

DW24238017

MLS ID

November 20, 2024

Listed

December 1, 2024

Updated

Map

1514 E 22nd Street
Los Angeles CA, 90011

Interior Features

Total Stories

2


Bedrooms

12


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

No

Exterior/Building Features

Lot Size

0.13 Acres


Lot Features

Sidewalks

Other Property Details

Days on Market

10


Garage

No


View

No


County

Los Angeles


Pool

No


Pool Features

None


Zoning

Builder

Listed by VIP Real Estate Firm, Daniel Terrazas,
Listing Contact: 310-730-9489 

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Data last updated 5:07 AM UTC, 12/1/2024

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