1256 W 22nd, Los Angeles, CA 90007
1256 W 22nd, Los Angeles, CA 90007
1256 W 22nd, Los Angeles, CA 90007
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$875,000
Est. payment /mo
5,858 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC26126352

HOA Y/N No

Year Built 1901

Lot Size 5,858 Sqft

Property Sub-Type Quadruplex

Property Description

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.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Interior

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Appliance Gas Range

Laundry See Remarks

Exterior

Parking Features Driveway Level, Driveway, On Site, Paved, One Space

Pool None

Community Features Street Lights

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N No

View None

Roof Type Asphalt

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water See Remarks

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5055019021

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

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Listed by Cassie French The Agency 650-245-8911, DRE #02154751

NEARBY SCHOOL & BUSINESS

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