1514 E 22nd ST Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90011
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,615 sqft
Price per Sqft $410
MLS Listing ID DW24238017
Style Modern
Construction Status Turnkey
HOA Y/N No
Year Built 2024
Lot Size 5,667 Sqft
Acres 0.1301
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!
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LAR2
Rooms
Other Rooms Primary Suite
Interior
Interior Features Balcony,Quartz Counters,Recessed Lighting
Heating Central
Cooling Central Air
Flooring Laminate
Fireplaces Type Dining Room
Fireplace Yes
Laundry Individual Room
Exterior
Exterior Feature Rain Gutters
Garage Spaces 2.0
Fence Security,Wrought Iron
Pool None
Community Features Sidewalks
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Modern
Level or Stories Two
Additional Building Guest House Attached,Two On A Lot
New Construction Yes
Construction Status Turnkey
Others
Senior Community No
Special Listing Condition Standard
Confidential INFO
TERMS 1031 Exchange,Cash To New Loan,Contract,Conventional,Submit
LIST AGRMT Exclusive Right To Sell
LIST SERVICE Full Service
SHOW CONTACT TYPE Agent
SHOW INSTRUCTIONS Property vacant. Please text biz card for combo code to 310-730-9489. 3RD UNIT IS ADU. 2 unit + ADU.