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Listed by Cassie French, DRE #02154751 • The Agency
$ 875,000
Est. payment /mo
Active
1256 W 22nd Los Angeles, CA 90007
5,859 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC26126352
Year Built 1901
Lot Size 5,859 Sqft
Source California Regional MLS
Property Description
INCREDIBLE UPSIDE INVESTMENT OPPORTUNITY! Potential to build up to four (4) additional ADUs in the area currently designated for parking, creating significant future income potential Prime 4-unit investment opportunity just steps from USC and located within the USC Security Patrol Zone. This newly restored apartment building offers an exceptional location near USC, the LA Memorial Coliseum, BMO Stadium, the Natural History Museum, and Downtown Los Angeles. Subject to LA City RSO rent control, the property presents significant upside potential with one unit currently eligible for eviction due to non-payment. Based on comparable rentals in the area, a renovated unit may support substantially higher rental income. Ideal for investors or owner-occupants seeking a value-add opportunity with strong long-term cash flow potential in one of Los Angeles' most well-priced rental markets.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Rooms
Kitchen Oven Range - Gas
Interior
Cooling Window / Wall Unit
Exterior
Parking Features Common Parking Area, Other, Parking Area
Pool 31, None
View None
Roof Type 2
Building
Water Other
Others
Tax ID 5055019021
Special Listing Condition Not Applicable
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