1420 22nd Street, Los Angeles, CA 90007
Local realty services provided by:ERA North Orange County Real Estate
1420 22nd Street,Los Angeles, CA 90007
$1,500,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: julie tung626-340-3606
Office: real broker
MLS#:TR25171507
Source:CAREIL
Price summary
- Price:$1,500,000
About this home
// PRICE IMPROVEMENT // Almost 8% CAP RATE with POSIVITE CASH FLOW!!! A prime investment opportunity in the heart of the USC rental market, this fully furnished property features a 5-bedroom, 4-bathroom single-family residence with updated electrical and plumbing systems in 2020 and a permitted 5-bedroom, 3-bathroom ADU, newly built in 2024 with paid off solar. Both units are fully furnished and leased to USC students. Designed for maximum efficiency, the property includes separate electric meters, tenants are responsible for LADWP, SoCal gas, internet, trash and sewer. The paid-off solar panels further enhance cost savings, making this an even more attractive investment. A 2024 paved driveway offers six parking spaces, a rare and valuable feature in this high-demand area. Located just minutes from USC, with easy access to shopping, dining, and major freeways, this turnkey rental offers amazing cap rate with room for increased returns. Don’t miss this rare opportunity to own a high-yield investment in one of Los Angeles’ strongest rental markets....
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Home facts
- Year built:1901
- Listing ID #:TR25171507
- Added:232 day(s) ago
- Updated:March 29, 2026 at 04:23 PM
Rooms and interior
- Flooring:Laminate
- Kitchen Description:Refrigerator
Structure and exterior
- Roof:Shingle
- Year built:1901
- Lot area:0.14 Acres
- Lot Features:Mid Block
- Levels:1 Story
Utilities
- Water:District - Public, Hot Water
Finances and disclosures
- Price:$1,500,000
Features and amenities
- Laundry features:Laundry Area
Parking
- Parking description:6 Cars Carport, Other
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