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