1514 E 22Nd Street, Los Angeles, CA 90011

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Property Description

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!


Interior Features

Laundry Information
Location(s) Laundry Room
Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Flooring Information
Material Laminate
Interior Information
Features Balcony, Quartz Counters, Recessed Lighting, Primary Suite
Cooling Type Central Air

Listing Information

Address 1514 E 22Nd Street
City Los Angeles
State CA
Zip 90011
County Los Angeles
Listing Agent Daniel Terrazas DRE #02019893
Courtesy Of VIP Real Estate Firm
List Price $1,895,000
Status Active
Type Residential Income
Subtype Duplex
Structure Size N/A
Lot Size 5,666
Year Built 2024

Listing information courtesy of: Daniel Terrazas, VIP Real Estate Firm. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 21st, 2024 at 9:58 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.