1415 W 22nd St, Los Angeles, Los Angeles County, CA, 90007 Los Angeles CA US

USD 1,097,500
For Sale MLS: 22-218859

Property Details

Bedrooms

2

Bathrooms

1

Neighborhood

University Park

Property Type

MultiFamily

Description

We are pleased to offer the opportunity to acquire this two (2) building student housing portfolio on 1415 W. 22nd Street & 1421 W. 22nd Street, located in the DPS patrol zone, and close proximity to the University of Southern California (USC). The investment consists of two (2) contiguous 3-unit apartment buildings (6 units total), built recently in 2002. The properties feature a unit mix of one (1) 3 bedroom + 2 bathroom unit, as well as two (2) 1 bedroom + 1 bathroom units. The investment also allows the opportunity to further increase cash flow by adding Accessory Dwelling units (ADU's- Buyer to Verify) in the rear of the oversized 12,287 sqft lot. Given the location, attractive local area amenities, and opportunity to increase rental income, this investment presents an excellent opportunity for an investor to acquire a unique portfolio in the attractive USC submarket that will provide exponential returns with value add upside. Both properties are being sold contiguously (Total Price: $2,195,000). Find out more about this property. Request details here

Location

Address

1415 West 22nd Street, Los Angeles, California 90007, United States

City

Los Angeles

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