Back to Search Nalren

$799,000

FOR SALE
Active

1543 1/2 W 22nd

Los Angeles, CA

MLS# PW26231829

Apartment
9 days on marketNalren refreshed

Listing Agent

Boris Almengor

Listing Agent

Lyon Stahl Investment Real Est

DRE #: 02092597

balmengor23@gmail.com

Brokerage: Lyon Stahl Investment Real Est

Cameron Samimi

Co-Listing Agent

Lyon Stahl Investment Real Estate, Inc.

DRE #: 02035763

Brokerage: Lyon Stahl Investment Real Estate, Inc.

Property Details

N/A

Bedrooms

N/A

Bathrooms

N/A

Square Feet

1913

Year Built

4,214 sqft

Lot Size

N/A

Price/Sq Ft

0

Garage Spaces

N/A

HOA

Apartment

Property Type

Description

DELIVERED WITH ONE UNIT VACANT AT CLOSE OF ESCROW. Just under $5,850 monthly rental income. 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 6.10% cap rate and 11.40 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.

Facts & Features

Interior

Laundry Features
None

Exterior

Private Pool
No
Lot Features
2–5 Acre Lot

Building

Year Built
1913
Building Area Total
3,168
Levels
Two
Stories Total
2

Utilities

Sewer
Public Sewer
Water Source
Public

Parking

Garage Spaces
0
Parking Total
0

Community / HOA

HOA
No
Association Fee
$0

Similar Listings

Recent sales near 1543 1/2 W 22nd

Closed sales reported in 90007, nearest first, last 12 months. All recent sales in Los Angeles →