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Residential Income - 1545 W 22nd, Los Angeles, CA

$849,000

1545 W 22nd, Los Angeles, CA

1545 W 22nd, Los Angeles, CA 90007 - $849,000 · Multi-Family Home for Sale, photo 1 1545 W 22nd, Los Angeles, CA 90007 - $849,000 · Multi-Family Home for Sale, photo 2 1545 W 22nd, Los Angeles, CA 90007 - $849,000 · Multi-Family Home for Sale, photo 3 1545 W 22nd, Los Angeles, CA 90007 - $849,000 · Multi-Family Home for Sale, photo 4 1545 W 22nd, Los Angeles, CA 90007 - $849,000 · Multi-Family Home for Sale, photo 5
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Description

DELIVERED WITH ONE UNIT VACANT AT CLOSE OF ESCROW. This 4-unit value-add asset is located within walking distance to USC and just minutes from the 10 Freeway, offering investors a strong rental location with long-term upside. The property is currently operating at a 5.67% cap rate and 12.12 GRM, with approximately 52% upside in rents. With one unit delivered vacant, a new owner has the opportunity to immediately renovate, lease at market, and begin capturing upside from day one. With a motivated seller, strong location fundamentals, and clear rental upside, this building is ready for a new owner to step in and take advantage of the long-term value-add opportunity.

Property details

Year built
1913
Property type
Residential Income
Lot size
4,214 sqft

Location

1545 W 22nd • Los Angeles, CA 90007

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Listed by

Cameron Samimi · Lyon Stahl Investment Real Estate, Inc.

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Listing courtesy of Lyon Stahl Investment Real Estate, Inc.. Information deemed reliable but not guaranteed.

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Nalren Corp. · CA DRE #02423715