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1420 W 22nd Street, Los Angeles CA 90007
1420 W 22nd Street, Los Angeles CA 90007
1420 W 22nd Street, Los Angeles CA 90007
1420 W 22nd Street, Los Angeles CA 90007
1420 W 22nd Street, Los Angeles CA 90007
1420 W 22nd Street, Los Angeles CA 90007
1420 W 22nd Street, Los Angeles CA 90007
California>Los Angeles>University Park

1420 W 22nd StreetLos Angeles, CA 90007

For Sale

$1,500,000

Smart Buyer Rebate $15,000

// PRICE IMPROVEMENT // Almost 8% CAP RATE!!! A prime investment opportunity in the heart of the USC rental market, this fully furnished property features a 5-bedroom, 4-bathroom single-family residence with updated electrical and plumbing systems in 2020 and a permitted 5-bedroom, 3-bathroom ADU, newly built in 2024 with paid off solar. Both units are fully furnished and leased to USC students.

Designed for maximum efficiency, the property includes separate electric meters, tenants are responsible for LADWP, SoCal gas, internet, trash and sewer. The paid-off solar panels further enhance cost savings, making this an even more attractive investment. A 2024 paved driveway offers six parking spaces, a rare and valuable feature in this high-demand area.

Located just minutes from USC, with easy access to shopping, dining, and major freeways, this turnkey rental offers amazing cap rate with room for increased returns. Don’t miss this rare opportunity to own a high-yield investment in one of Los Angeles’ strongest rental markets.

Listed by Julie Tung

·

License #02090992

·

Partner Real Estate

·

626-340-3606

Last updated October 22, 2025

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Source: CRMLS #TR25171507

Listing Facts

  • TypeMulti-family
  • NeighborhoodUniversity Park
  • Days on Prevu85

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

10/23/2025
Status changed to Active
$1,500,000
10/22/2025
Status changed to Removed from Feed
$1,500,000
10/18/2025
Status changed to Active
$1,500,000
10/16/2025
Status changed to Removed from Feed
$1,500,000
10/05/2025
Status changed to Active
$1,500,000
10/03/2025
Status changed to Removed from Feed
$1,500,000
09/17/2025
Price Decreased
$1,500,000
09/16/2025
Status changed to Active
$1,600,000
09/15/2025
Status changed to Removed from Feed
$1,600,000
09/12/2025
Status changed to Active
$1,600,000
09/06/2025
Status changed to Removed from Feed
$1,600,000
09/05/2025
Status changed to Active
$1,600,000
09/04/2025
Status changed to Removed from Feed
$1,600,000
09/01/2025
Status changed to Active
$1,600,000
08/29/2025
Status changed to Removed from Feed
$1,600,000
07/31/2025
Listed by Partner Real Estate
$1,600,000

Property Details for 1420 W 22nd Street

Association

Amenities

  • Community Features: Sidewalks

Exterior

Construction

  • Number Of Units Total: 2
  • Property Attached: Yes
  • Property Condition: Turnkey
  • Roof: Shingle
  • Stories: 1
  • Stories Total: 1
  • Year Built: 1901
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Entry Location: Front

Features

  • Fencing: Brick, Wire

Measurements

  • Building Area Total: 2,443
  • Building Area Units: Square Feet
  • Lot Features: 2-5 Units/Acre
  • Lot Size Acres: 0.13
  • Lot Size Area: 5,893
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 5,893
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 7.3
  • Gross Income: $140,700.00
  • Operating Expense: $2,000.00

Taxes

  • Parcel Number: 5055001022

Interior

Features

  • Appliances: Gas Oven, Gas Range, Refrigerator, Range Hood, Tankless Water Heater, Water Heater
  • Flooring: Laminate
  • Interior Features: Furnished

Other

Location

  • Tax Block: 10
  • Tax Lot: 25

Parking

Parking

  • Carport Spaces: 6
  • Carport: Yes
  • Parking Features: Driveway
  • Parking Total: 6

Utilities

Equipment

  • Cooling: Ductless
  • Has Cooling: Yes
  • Electric: Standard
  • Heating: Ductless
  • Has Heating: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • 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.