$2,800,000

1973 W 22nd Street, Los Angeles, CA 90018

12,816 sqft

other
Built in 1964
0.56acre lot
—— car garage
$218/sqft
Listed 4 months ago

Property Description

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 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 ($155,556) and price per square foot ($218). 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.

Listing Status:: Active
Date Added:: June 24, 2025 at 05:00AM
Listing Office:: Lyon Stahl Investment Real Estate, Inc. : 310-425-9838
Listing Agent:: William James : 310-600-9858
MLS ID:: CL25555119

Laundry: Common Area
A/C: Wall/Window Unit(s)
Heating: Wall Furnace

Parking: AssignedOtherUncovered Parking Space

General: Stucco

County: Los Angeles

Zoning: LAR35058024018
View: City Lights

Utilities: Other Water/Sewer
Water: Other

This listing courtesy of William James, Lyon Stahl Investment Real Estate, Inc.

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Crown Preparatory Academy

, Los Angeles, CA, 90018

Grades 5-5

0.19 miles away

Sophia T. Salvin Special Education Center

1925 S Budlong Ave, Los Angeles, CA, 90007

Grades KG-10

0.53 miles away

Joseph Pomeroy Widney Career Preparatory and Transition Center

2302 S Gramercy Pl, Los Angeles, CA, 90018

Grades 11-12

0.39 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.