We are pleased to present 1973-2015 W. 22nd Street, an 18-unit multifamily opportunity located in the heart of West Adams. The offering comprises two adjacent apartment buildings on one large parcel totaling 24,239 sf. The unit mix includes five (2-bedroom, 1-bath) and thirteen (1-bedroom, 1-bath) units. The unique lot offers… Read More parking for 28 individual vehicles allowing a new investor the opportunity to build additional units while preserving parking. This investment is being offered at a very attractive price per unit ($166,667) and price per square foot ($234). With nearly 70% upside in rents, this investment provides both a great basis with the ability to increase the cash flow to double digit returns. Read Less
Courtesy of Lyon Stahl Investment Real Estate, Inc. 310-425-9838
Listing Snapshot
Days Online
10
Last Updated
Property Type
Other
Beds
23
Square Ft.
12,816
Lot Size
0.56 Acres
Year Built
1964
MLS Number
25555119
30 Days Snapshot Of 90018
$1.41M
+21%
(avg) sold price
3
-25%
homes sold
42
-75%
(avg) days on market
Snapshot
Area Map
Additional Details
Pool
PoolYN: False, None
Appliances & Equipment
Refrigerator, Range/Oven
Building
12,816 sq ft, Built in 1964, Levels: Multi/Split, Attached, Mid-Century
Cooling
Wall/Window
Disclosures
As Is
Exterior Features
Stucco, None
Fireplaces
None
Garage
0 total garage spaces, Assigned, Uncovered
Water Features
Water: Public
Heating
Wall
Laundry
Community, Laundry Area
Lot
LotAcreage: 0.5565, LotSizeArea: 24,242, Single Lot, City
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