1420 W 22nd Street, Los Angeles, CA 90007

Local realty services provided by:ERA Excel Realty
1420 W 22nd Street,Los Angeles, CA 90007
$1,600,000
  • - Beds
  • - Baths
  • 2,443 sq. ft.
  • Single family
  • Active
Listed by:julie tung
Office:partner real estate
MLS#:TR25171507
Source:CRMLS

Price summary

  • Price:$1,600,000
  • Price per sq. ft.:$654.93

About this home

Attention investors! 7+% CAP RATE!!! 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

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Home facts

  • Year built:1901
  • Listing Id #:TR25171507
  • Added:13 day(s) ago
  • Updated:August 13, 2025 at 01:21 PM

Rooms and interior

  • Living area:2,443 sq. ft.

Heating and cooling

  • Cooling:Ductless
  • Heating:Ductless

Structure and exterior

  • Roof:Shingle
  • Year built:1901
  • Building area:2,443 sq. ft.
  • Lot area:0.14 Acres

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$1,600,000
  • Price per sq. ft.:$654.93
Based on information from California Regional Multiple Listing Service, Inc. as of August 14, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.