1514 E 22nd Street Active

Los Angeles,CA 90011

$ 1895000

12 Beds

0 Bath

4615 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,615 sqft

Price per Sqft $410

MLS Listing ID CRDW24238017

Bedrooms 12

HOA Y/N No

Year Built 2024

Lot Size 5,666 Sqft

Acres 0.13

Property Description

New modern West LA living near Downtown LA! Come and check out the this 3 unit ground up construction only 2.6 miles away from the Crypto arena and DTLA! This home is close to major transits…Only couple blocks from the Blue Line Station that has quick access to get to Downtown LA and Downtown Long Beach (76 Walk Score). This property is perfect investors who are LOOKING IN OPPORTUNITY ZONES! Yes that right, this property is located in an OZ. Investors get to enjoy a nice cash flow off this home with of a pro-forma of $150,000 in gross rents. Amazing est. 6 % CAP rate and a 12.6X GRM. Property has total of 12 bedrooms and 7 baths. First two units offer a 5 bedroom, 3 baths. ADU unit offers 2 bedroom and 1 bath with the garages on the bottom, perfect to build an additional unit once you buy it. This property has all the modern touches in today’s market such as laminate flooring, balconies, recessed lighting, quarts countertops on kitchen, backsplash, central AC, washroom, PAID OFF solar systems, and very low expenses as all units have separate utilities including water meters. Near retailers include Autozone, Tacos Gavilan, Superior Grocers, Jersey Mike’s Subs and many more. This by far is one of the best property in the neighborhood. Come check it out before is gone!

Location

State CA

County Los Angeles

Area Listing

Zoning LAR2

Interior

Interior Features Energy Star Windows Doors

Heating Central

Cooling Central Air

Flooring Laminate

Fireplace No

Laundry Laundry Room

Exterior

Exterior Feature Other

Total Parking Spaces 6

Building

New Construction No

Others

Tax ID 5118005017

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