Investors, how would you like immediate positive income of roughly $12,500 per month on day one. This is a rare opportunity to invest in a quadplex in a prime location. The property is just minutes from the University of Southern California (USC), which has an enrollment of over 40,000 students. It is also close to Exposition Park, a popular tourist attraction that hosts museums, gardens, and a rose garden. The property is within easy walking distance of the Expo Line light rail station, which provides convenient access to downtown Los Angeles and Santa Monica. In addition, the property has quick access to the 10 freeway, which provides a direct route to many popular destinations. The property is fully occupied, and tenants pay for all utilities. This is a great investment property in a desirable location.
Property Details
Price:
$1,698,000
MLS #:
OC24126298
Status:
Active
Baths:
0
Address:
1276 W 22nd Street
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
c16midlosangeles
City:
Los Angeles
Listed Date:
Jun 19, 2024
State:
CA
ZIP:
90007
Lot Size:
5,862 sqft / 0.13 acres (approx)
Year Built:
1905
See this Listing
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Schools
Interior
Appliances
Gas Range
Fireplace Features
None
Flooring
Laminate
Heating
Wall Furnace
Exterior
Community Features
Sidewalks, Storm Drains, Street Lights, Urban
Electric
Standard
Garage Spaces
0.00
Lot Features
Flag Lot
Parking Features
Paved, On Site, Parking Space, Private
Parking Spots
5.00
Pool Features
None
Roof
Asphalt, Shingle
Security Features
Automatic Gate, Carbon Monoxide Detector(s), Smoke Detector(s), Window Bars
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Association Fee
0.00
Tenant Pays
All Utilities
Utilities
Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Map
Community
- Address1276 W 22nd Street Los Angeles CA
- AreaC16 – Mid Los Angeles
- CityLos Angeles
- CountyLos Angeles
- Zip Code90007
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Courtesy of Homequest Real Estate. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.1276 W 22nd Street
Los Angeles, CA
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