1543 W 22nd Pl, Los Angeles, CA, 90007
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Property Details
7
4
Single Family
Description
Property Details: • Type: Single Family • Bedrooms: 7 • Bathrooms: 4 • Square Feet: 3168 • Lot/Size: 4,214 sqft lot
Description: 1543 W 22nd Pl presents an opportunity to acquire a 4-unit value-add asset in a strong Central Los Angeles rental pocket near USC and Exposition Park. Offered at $849,000, or approximately $212,250 per unit, the property features attractive in-place income with meaningful upside through repositioning to market rents. Based on the offering figures provided, the asset is currently operating at a 4.78% cap rate and 13.16 GRM, with upside to a 9.41% pro forma cap rate and 8.09 pro forma GRM. The property is well located near USC’s University Park Campus and Exposition Park, one of Los Angeles’ most active cultural and entertainment hubs. Exposition Park is home to BMO Stadium, the C
Location
Address
1543 W 22nd Pl, Los Angeles, CA, 90007
City
Los Angeles
Features and Finishes
Year Built: 1913; [object Object]; [object Object]
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