1543 1/2 W 22nd, Los Angeles, California 90007

  • $799,000
1543 1/2 W 22nd, Los Angeles, California 90007
Active
1543 1/2 W 22nd, Los Angeles, California 90007
1543 1/2 W 22nd, Los Angeles, California 90007
  • $799,000

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.

  • Address 1543 1/2 W 22nd, Los Angeles, California 90007
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90007
  • Country US

Details

Updated on October 28, 2026 at 7:36 am
  • Property ID: PW26231829
  • Price: $799,000
  • Property Size: 3168 Sqft
  • Land Area: 0.0967 Acres
  • Year Built: 1913
  • Property Type: Residential Income, Apartment
  • Property Status: Active

Additional details

  • Listing Terms: Cash, Conventional, 1031 Exchange
  • Sewer: Public Sewer
  • County: Los Angeles
  • Property Type: Residential Income
  • Pool: None
  • Community Features: Biking, Hiking, Sidewalks

Contact Information

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Hoyt Hochman

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  • Hoyt Hochman