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1276 W 22nd StreetLos Angeles, CA 90007

For Sale

$1,698,000

Smart Buyer Rebate $16,980

Investors, how would you like immediate positive income of roughly $12,500 per month on day one. This is a rare opportunity to invest in a quadplex in a prime location. The property is just minutes from the University of Southern California (USC), which has an enrollment of over 40,000 students. It is also close to Exposition Park, a popular tourist attraction that hosts museums, gardens, and a rose garden. The property is within easy walking distance of the Expo Line light rail station, which provides convenient access to downtown Los Angeles and Santa Monica. In addition, the property has quick access to the 10 freeway, which provides a direct route to many popular destinations. The property is fully occupied, and tenants pay for all utilities. This is a great investment property in a desirable location.

Listed by Kent Tsen

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License #01883873

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Homequest Real Estate

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909-802-0082

Last updated September 30, 2024

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Source: CRMLS #OC24126298

Listing Facts

  • TypeMulti-family
  • NeighborhoodUniversity Park
  • Days on Prevu442

Amenities

  • Washer/Dryer
  • Parking

Location

Mortgage Calculator

Listing History

09/17/2024
Status changed to Active
$1,698,000
09/17/2024
Status changed to Removed from Feed
$1,698,000
07/13/2024
Status changed to Active
$1,698,000
07/12/2024
Status changed to Removed from Feed
$1,698,000
06/21/2024
Listed by Homequest Real Estate
$1,698,000

Property Details for 1276 W 22nd Street

Association

Amenities

  • Community Features: Storm Drain(s), Street Lights, Sidewalks, Urban

Exterior

Construction

  • Number Of Units Total: 4
  • Roof: Asphalt, Shingle
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1905
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Entry Location: 1

Measurements

  • Building Area Total: 3,700
  • Building Area Units: Square Feet
  • Lot Features: Flag Lot
  • Lot Size Acres: 0.13
  • Lot Size Area: 5,862
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 5,862
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $121,253.00
  • Operating Expense: $16,962.00

Taxes

  • Parcel Number: 5055019018

Interior

Features

  • Appliances: Gas Range, Dryer, Washer
  • Flooring: Laminate

Other

Location

  • Tax Block: 12
  • Tax Lot: 17

Parking

Parking

  • Open Parking Spaces: 5
  • Parking Features: On Site, Paved, Private, One Space
  • Parking Total: 5

Utilities

Equipment

  • Electric: Standard
  • Heating: Wall Furnace
  • Has Heating: Yes
  • Laundry Features: Common Area, Upper Level
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Water Source: Public

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.

Full MLS Disclaimers

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.