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1514 E 22nd Street, Los Angeles CA 90011
1514 E 22nd Street, Los Angeles CA 90011
1514 E 22nd Street, Los Angeles CA 90011
1514 E 22nd Street, Los Angeles CA 90011
1514 E 22nd Street, Los Angeles CA 90011
1514 E 22nd Street, Los Angeles CA 90011
1514 E 22nd Street, Los Angeles CA 90011
1514 E 22nd Street, Los Angeles CA 90011
1514 E 22nd Street, Los Angeles CA 90011
1514 E 22nd Street, Los Angeles CA 90011
1514 E 22nd Street, Los Angeles CA 90011
1514 E 22nd Street, Los Angeles CA 90011
1514 E 22nd Street, Los Angeles CA 90011
1514 E 22nd Street, Los Angeles CA 90011
1514 E 22nd Street, Los Angeles CA 90011
1514 E 22nd Street, Los Angeles CA 90011
1514 E 22nd Street, Los Angeles CA 90011
1514 E 22nd Street, Los Angeles CA 90011
1514 E 22nd Street, Los Angeles CA 90011
1514 E 22nd Street, Los Angeles CA 90011
1514 E 22nd Street, Los Angeles CA 90011
1514 E 22nd Street, Los Angeles CA 90011
1514 E 22nd Street, Los Angeles CA 90011
1514 E 22nd Street, Los Angeles CA 90011
1514 E 22nd Street, Los Angeles CA 90011
1514 E 22nd Street, Los Angeles CA 90011
1514 E 22nd Street, Los Angeles CA 90011
1514 E 22nd Street, Los Angeles CA 90011
1514 E 22nd Street, Los Angeles CA 90011
1514 E 22nd Street, Los Angeles CA 90011
1514 E 22nd Street, Los Angeles CA 90011
1514 E 22nd Street, Los Angeles CA 90011
1514 E 22nd Street, Los Angeles CA 90011
1514 E 22nd Street, Los Angeles CA 90011
1514 E 22nd Street, Los Angeles CA 90011
1514 E 22nd Street, Los Angeles CA 90011
1514 E 22nd Street, Los Angeles CA 90011
1514 E 22nd Street, Los Angeles CA 90011
California>Los Angeles>Central Alameda

1514 E 22nd StreetLos Angeles, CA 90011

For Sale

$1,950,000

Smart Buyer Rebate $19,500

Now for sale with the option to purchase fully leased at $12,000 per month. New modern West LA living near Downtown LA! Come and check out the this 3 unit ground up construction only 2.6 miles away from the Crypto arena and DTLA! This home is close to major transits…Only couple blocks from the Blue Line Station that has quick access to get to Downtown LA and Downtown Long Beach (76 Walk Score). This property is perfect investors who are LOOKING IN OPPORTUNITY ZONES! Yes that right, this property is located in an OZ. Investors get to enjoy a nice cash flow off this home with of a pro-forma of $150,000 in gross rents. Amazing est. 6 % CAP rate and a 12.6X GRM. Property has total of 12 bedrooms and 7 baths. First two units offer a 5 bedroom, 3 baths. ADU unit offers 2 bedroom and 1 bath with the garages on the bottom, perfect to build an additional unit once you buy it. This property has all the modern touches in today’s market such as laminate flooring, balconies, recessed lighting, quarts countertops on kitchen, backsplash, central AC, washroom, PAID OFF solar systems, and very low expenses as all units have separate utilities including water meters. Near retailers include Autozone, Tacos Gavilan, Superior Grocers, Jersey Mike’s Subs and many more. This by far is one of the best property in the neighborhood. Come check it out before is gone!

Listed by Daniel Terrazas

·

License #02019893

·

VIP Real Estate Firm

·

310-730-9489

Last updated January 18, 2025

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Source: CRMLS #DW24238017

Listing Facts

  • TypeMulti-family
  • NeighborhoodCentral Alameda
  • Days on Prevu290

Amenities

  • Air Conditioning
  • Parking

Location

Mortgage Calculator

Listing History

01/16/2025
Price Increased
$1,950,000
01/14/2025
Status changed to Active
$1,900,000
01/14/2025
Status changed to Temporarily Off Market
$1,900,000
01/14/2025
Price Increased
$1,900,000
11/20/2024
Listed by VIP Real Estate Firm
$1,895,000

Property Details for 1514 E 22nd Street

Association

Amenities

  • Community Features: Sidewalks

Exterior

Construction

  • New Construction: Yes
  • Number Of Units Total: 3
  • Property Attached: Yes
  • Property Condition: Turnkey
  • Stories: 2
  • Stories Total: 2
  • Window Features: ENERGY STAR Qualified Windows
  • Year Built: 2024
  • Architectural Style: Modern
  • Common Walls: 1 Common Wall
  • Construction Materials: Drywall, Glass, Stucco, Wood Siding
  • Entry Level: 1
  • Entry Location: 3
  • Exterior Features: Rain Gutters

Features

  • Fencing: Security, Wrought Iron
  • Other Structures: Guest House Attached, Two On A Lot
  • Road Frontage Type: City Street

Measurements

  • Building Area Total: 4,615
  • Building Area Units: Square Feet
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Acres: 0.13
  • Lot Size Area: 5,666
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 5,666
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 6.0

Taxes

  • Parcel Number: 5118005017

Interior

Features

  • Fireplace Features: Dining Room
  • Fireplace: Yes
  • Flooring: Laminate
  • Interior Features: Balcony, Quartz Counters, Recessed Lighting, Primary Suite

Other

Location

  • Tax Lot: 119

Parking

Parking

  • Garage Spaces: 2
  • Garage: Yes
  • Open Parking Spaces: 4
  • Parking Total: 6

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Electric: 220 Volts
  • Heating: Central
  • Has Heating: Yes
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • 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.