***OWNER-OCCUPIED OPPORTUNITY***PRICED TO SELL*** Turnkey Investment Opportunity Just Steps from USC! Located within the USC Security Patrol Zone, this beautifully restored four-plex is a prime opportunity for investors or owner-occupants alike. Just minutes from USC, LA Memorial Coliseum, BMO Stadium, and the Natural History Museum, this centrally located property also provides easy access to Downtown Los Angeles. Anchored by a restored 2-bedroom, 2-bathroom unit. Inside, the home boasts an open concept floor plan with tasteful modern finishes throughout. The remodeled kitchen features brand-new cabinets and sleek countertops, perfect for today’s lifestyle. Enjoy year-round comfort with central A/C, and appreciate the convenience of in-unit laundry in a dedicated laundry room. The primary suite includes a built-in walk-in closet and a luxurious tiled shower with a niche designed for student convenience. Step outside from the living room to a serene private balcony, ideal for relaxing or entertaining. Additional features include: • New electrical and plumbing systems in the remodeled unit • One driveway parking space • Strong rental demand from USC students and faculty. This is an ideal low-maintenance property in a high-demand area. Don’t miss this chance to invest in one of LA’s most dynamic neighborhoods!
Listed by Alberto Garcia
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License #01750839
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Pacific Properties Rlty Group
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714-330-0554
Last updated November 06, 2025
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Source: CRMLS #PW25196292
Listing Facts
TypeMulti-family
NeighborhoodUniversity Park
Days on Prevu101
Amenities
Air Conditioning
Parking
Location
Mortgage Calculator
Listing History
11/06/2025
Price Decreased
$899,000
10/29/2025
Status changed to Active
$975,000
10/22/2025
Status changed to Removed from Feed
$975,000
10/09/2025
Price Decreased
$975,000
10/05/2025
Status changed to Active
$1,049,000
10/03/2025
Status changed to Removed from Feed
$1,049,000
09/23/2025
Price Decreased
$1,049,000
09/21/2025
Status changed to Active
$1,095,000
09/20/2025
Status changed to Removed from Feed
$1,095,000
09/10/2025
Status changed to Active
$1,095,000
09/09/2025
Status changed to Removed from Feed
$1,095,000
09/08/2025
Status changed to Active
$1,095,000
09/06/2025
Status changed to Removed from Feed
$1,095,000
09/05/2025
Status changed to Active
$1,095,000
09/04/2025
Status changed to Removed from Feed
$1,095,000
09/01/2025
Listed by Pacific Properties Rlty Group
$1,095,000
Property Details for 1241 W 22nd Street
Association
Amenities
Community Features: Urban
Exterior
Construction
Number Of Units Total: 4
Property Attached: Yes
Stories: 2
Stories Total: 2
Year Built: 1904
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: Street
Measurements
Building Area Total: 2,946
Building Area Units: Square Feet
Lot Features: Value In Land
Lot Size Acres: 0.11
Lot Size Area: 4,998
Lot Size Source: Assessor
Lot Size Square Feet: 4,998
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 6.86
Operating Expense: $20,744.00
Taxes
Parcel Number: 5055019035
Other
Location
Tax Block: 13
Tax Lot: 7
Parking
Parking
Parking Features: Electric Gate
Utilities
Equipment
Cooling: Central Air
Has Cooling: Yes
Heating: Central, Wall Furnace
Has Heating: Yes
Laundry Features: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
Sewer: Public Sewer
Water Source: Public
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 1241 W 22nd Street.
How does 1241 W 22nd Street compare to other multi-family homes in University Park?
This multi-family home is listed 79% below the average price for multi-family homes in University Park and has been on the market for 2 more days than the typical home in this area.
1241 W 22nd Street is a -bedroom multi-family home for sale in Los Angeles CA 90007. Available on Prevu for 101 days at $899,000. This includes a recent price decrease of $76,000. This property is located in University Park. The median listing price for multi-family homes in this area is $3,212,500. Property amenities include air conditioning and parking. View other multi-family home listings in Los Angeles.
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.