$1,500,000

1420 W 22nd Street, Los Angeles, CA 90007

  • 10 beds
  • 2,443 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1901
  • Property Lot Size Icon6,098sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $614/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

// PRICE IMPROVEMENT // Almost 8% 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.

Listing Status:
Active
Date Added:
July 31, 2025 at 05:00AM
Listing Office:
Partner Real Estate : 626-789-0159
Listing Agent:
Julie Tung : 626-340-3606
MLS ID:
CRTR25171507
  • Appliances: Tankless Water Heater
  • Laundry: Common Area
  • Flooring: Laminate
  • A/C: Other
  • General: Other
  • Parking: Other
  • HOA Amenities: 0.0
  • County: Los Angeles
  • Zoning: LARD5055001022
  • View: None

This listing courtesy of Julie Tung, Partner Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

V

Vermont Avenue Elementary

1435 W 27th St, Los Angeles, CA, 90007

Grades KG-5

0.38 miles away

S

Sophia T. Salvin Special Education Center

1925 S Budlong Ave, Los Angeles, CA, 90007

Grades KG-10

0.45 miles away

W

West Adams Preparatory High School

1500 W Washington Blvd, Los Angeles, CA, 90007

Grades 9-12

0.27 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby

163 W 75th Street, Los Angeles, CA 90003
other For Sale

$1,299,000

  • 9 bed |
  • 2,500 sqft |
163 W 75th Street Los Angeles, CA 90003

#CL25607905 - Keller Williams Beverly Hills

1955 Bonsallo Avenue, Los Angeles, CA 90007
other For Sale

$1,529,000

  • 10 bed |
  • 2,845 sqft |
1955 Bonsallo Avenue Los Angeles, CA 90007

#CL25608403 - Keller Williams Beverly Hills

5630 Blackwelder Street, Los Angeles, CA 90016
other For Sale

$1,250,000

  • 9 bed |
  • 2,364 sqft |
5630 Blackwelder Street Los Angeles, CA 90016

#CL25581265 - Compass