REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Fri

Jan

Sat

Jan

Sun

Jan

Candice Blair

candice@candiceblairgroup.com +1(949) 466-0620

$ 1,895,000

Est. payment -/mo

Save

Active

1514 E 22nd ST Los Angeles, CA 90011

4,615 SqFt

UPDATED:

11/30/2024 10:46 PM

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.

Listed by VIP Real Estate Firm

Candice Blair

Broker Associate | License ID: 01395953 ‌

+1(949) 466-0620

GET MORE INFORMATION

QUICK SEARCH