New modern West LA living near Downtown LA! Come and check out the this 3 unit ground up construction only 2.6 miles away from the Crypto arena and DTLA! This home is close to major transits…Only couple blocks from the Blue Line Station that has quick access to get to Downtown LA and Downtown Long Beach (76 Walk Score). This property is perfect investors who are LOOKING IN OPPORTUNITY ZONES! Yes that right, this property is located in an OZ. Investors get to enjoy a nice cash flow off this home with of a pro-forma of $150,000 in gross rents. Amazing est. 6 % CAP rate and a 12.6X GRM. Property has total of 12 bedrooms and 7 baths. First two units offer a 5 bedroom, 3 baths. ADU unit offers 2 bedroom and 1 bath with the garages on the bottom, perfect to build an additional unit once you buy it. This property has all the modern touches in today’s market such as laminate flooring, balconies, recessed lighting, quarts countertops on kitchen, backsplash, central AC, washroom, PAID OFF solar systems, and very low expenses as all units have separate utilities including water meters. Near retailers include Autozone, Tacos Gavilan, Superior Grocers, Jersey Mike’s Subs and many more. This by far is one of the best property in the neighborhood. Come check it out before is gone!
Property Details
Price:
$1,895,000
MLS #:
DW24238017
Status:
Active
Baths:
0
Address:
1514 E 22nd Street
Type:
Residential Income
Subtype:
Duplex
Neighborhood:
c42downtownla
City:
Los Angeles
Listed Date:
Nov 20, 2024
State:
CA
ZIP:
90011
Lot Size:
5,666 sqft / 0.13 acres (approx)
Year Built:
2024
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Schools
Interior
Cooling
Central Air
Fireplace Features
Dining Room
Flooring
Laminate
Heating
Central
Interior Features
Balcony, Quartz Counters, Recessed Lighting
Window Features
E N E R G Y S T A R Qualified Windows
Exterior
Community Features
Sidewalks
Electric
220 Volts
Exterior Features
Rain Gutters
Fencing
Security, Wrought Iron
Foundation Details
Slab
Garage Spaces
2.00
Lot Features
0-1 Unit/ Acre
Parking Spots
6.00
Pool Features
None
Sewer
Public Sewer
Spa Features
None
Stories Total
2
Water Source
Public
Financial
Map
Community
- Address1514 E 22nd Street Los Angeles CA
- AreaC42 – Downtown L.A.
- CityLos Angeles
- CountyLos Angeles
- Zip Code90011
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Courtesy of VIP Real Estate Firm. 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.
1514 E 22nd Street
Los Angeles, CA
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