Back To Search
1444 22nd Street
Los Angeles, CA 90007
Sold
USC Adjacent! Under $200/SF with ADUs! 1444 W 22nd St is a value add 4-Plex comprised of (4) Massive 986 Sq. Ft 1-Bed/1-Bath units delivered with 1 vacancy. These Huge units can be converted into 3-Bedroom Units! The property has FULL RTI Approved Permits= for (2) additional 1-Bed/1-Bath ADUs! With ADUs converting one unit into a 2-Bedroom, 1444 22nd operates at a 9.21% Cap Rate (Pre Construction Costs). Rare to find a property so close to USC with this much upside and will stabilize near a 14% Cap Rate! Using a conservative budget, after rehabbing the available unit and building the 2 Approved ADUs, your true cap rate will be over 7% before even touching the occupied units. Give us a call and we can walk you through this deal. You'll never find a USC DPS zone multi-family at this Price per Square Foot Again. Located in the 90007 Zip Code and in the USC DPS Zone, the subject property is steps from USC, Banc of California Stadium and the Los Angeles Coliseum. THE SF REFLECTED REPRESENTS THE ADU CONVERSION
PROPERTY INFORMATION
| MLS # | SB23038144 | Lot Size | 5,595 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Quadruplex |
| Price | $ 939,000
Price Per SqFt: $ 196 |
DOM | 788 Days |
| Address | 1444 22nd Street | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 4,792 Sq. Ft. |
| Postal Code | 90007 | Garage | N/A |
| County | Los Angeles | Year Built | 1923 |
| Bed / Bath | 7 / 0 | Parking | N/A |
| Built In | 1923 | Status | Closed |
| Sold Date | 2023-06-01 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Gas Dryer Hookup, Individual Room, Inside, Washer Hookup |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,002
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 05/22/2023 | Active Under Contract | $939,000 |
| 03/07/2023 | Listed | $939,000 |
Topfind Realty
REALTOR®
(844)-333-8033
Questions? Contact today.
Interested in buying or selling a home similar to 1444 22nd Street?
Los Angeles Similar Properties
Listing provided courtesy of Aaron Jacobson, Lyon Stahl Investment Real Estate, Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
