$1,050,000
$1,350,000
22.2%For more information regarding the value of a property, please contact us for a free consultation.
1680 W 22nd ST Los Angeles, CA 90007
6,655 Sqft Lot
Key Details
Sold Price $1,050,000
Property Type Residential Income
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW25077676
Year Built 1964
Lot Size 6,655 Sqft
Property Sub-Type Mixed Use
Property Description
Back on Market with New Pricing!! 1680 W. 22nd Street offers six well-designed units in the rapidly-growing and highly-desirable West Adams neighborhood. This 5,000 SF property features spacious floor plans averaging approximately 833 SF per unit, with a highly attractive unit mix of four 2-bedroom units and two 1-bedroom units. With approximately 35% upside in rents, investors will find strong value-add potential. The property also includes a surface parking lot with six spaces and potential for ADU development under SB 1211 (Buyer to investigate). Additional income is generated through on-site, seller-owned coin-operated laundry machines. The property is located just 1.4 miles from USC and its 47,000+ student population, along with 25,000 faculty and staff. This property offers strong rental demand and long-term growth potential.
Location
State CA
County Los Angeles
Area C37 - Metropolitan South
Zoning LAR2
Interior
Laundry Common Area
Exterior
Pool None
Community Features Urban
Building
Lot Description 0-1 Unit/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

Bought with General NONMEMBER NONMEMBER MRML