1420 W 22nd ST Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90007
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
MLS Listing ID TR25171507
Construction Status Turnkey
HOA Y/N No
Year Built 1901
Lot Size 5,893 Sqft
Property Sub-Type Single Family Residence
Property Description
Attention investors! 7+% CAP RATE!!! A prime investment opportunity in the heart of the USC rental market, this fully furnished property features a 5-bedroom, 4-bathroom single-family residence with updated electrical and plumbing systems in 2020 and a permitted 5-bedroom, 3-bathroom ADU, newly built in 2024 with paid off solar. Both units are fully furnished and leased to USC students.
Designed for maximum efficiency, the property includes separate electric meters, tenants are responsible for LADWP, SoCal gas, internet, trash and sewer. The paid-off solar panels further enhance cost savings, making this an even more attractive investment. A 2024 paved driveway offers six parking spaces, a rare and valuable feature in this high-demand area.
Located just minutes from USC, with easy access to shopping, dining, and major freeways, this turnkey rental offers amazing cap rate with room for increased returns. Don't miss this rare opportunity to own a high-yield investment in one of Los Angeles' strongest rental markets.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LARD2
Interior
Interior Features Furnished
Heating Ductless
Cooling Ductless
Flooring Laminate
Fireplaces Type None
Fireplace No
Appliance Gas Oven,Gas Range,Refrigerator,Range Hood,Tankless Water Heater,Water Heater
Laundry Common Area
Exterior
Parking Features Driveway
Carport Spaces 6
Fence Brick,Wire
Pool None
Community Features Sidewalks
Utilities Available Electricity Available,Natural Gas Available,Sewer Available,Water Available
View Y/N No
View None
Roof Type Shingle
Total Parking Spaces 6
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Construction Status Turnkey
Others
Senior Community No
Tax ID 5055001022
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard