1543 W 22nd Pl, Los Angeles, CA, 90007

USD 849,000
For Sale

Property Details

Bedrooms

7

Bathrooms

4

Property Type

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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