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1973 W 22nd StreetLos Angeles, CA 90018

For Sale

$2,800,000

Smart Buyer Rebate $28,000

We are pleased to present 1973-2015 W. 22nd Street, an 18-unit multifamily opportunity located in the heart of West Adams. The offering comprises two adjacent apartment buildings on one large parcel totaling 24,239 sf. The unit mix includes five (2-bedroom, 1-bath) and thirteen (1-bedroom, 1-bath) units. The unique lot offers parking for 28 individual vehicles allowing a new investor the opportunity to build additional units while preserving parking. This investment is being offered at a very attractive price per unit ($155,556) and price per square foot ($218). With nearly 70% upside in rents, this investment provides both a great basis with the ability to increase the cash flow to double digit returns.

Listed by William James

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License #01734419

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Lyon Stahl Investment Real Estate, Inc.

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310-600-9858

Listed by Peter James

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License #01748556

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Lyon Stahl Investment Real Estate, Inc.

Last updated October 10, 2025

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Source: CRMLS #25555119

Listing Facts

  • TypeMulti-family
  • NeighborhoodAdams - Normandie
  • Bedrooms23
  • Days on Prevu170
  • Size12,816 sqft
  • Price per sqft$218

Amenities

  • Private Outdoor Space
  • Parking

Location

Mortgage Calculator

Listing History

10/28/2025
Status changed to Active
$2,800,000
10/22/2025
Status changed to Removed from Feed
$2,800,000
10/04/2025
Status changed to Active
$2,800,000
10/03/2025
Status changed to Removed from Feed
$2,800,000
09/24/2025
Price Decreased
$2,800,000
09/20/2025
Status changed to Active
$3,000,000
09/19/2025
Status changed to Removed from Feed
$3,000,000
09/18/2025
Status changed to Active
$3,000,000
09/17/2025
Status changed to Removed from Feed
$3,000,000
09/16/2025
Status changed to Active
$3,000,000
09/14/2025
Status changed to Removed from Feed
$3,000,000
09/14/2025
Status changed to Active
$3,000,000
09/12/2025
Status changed to Removed from Feed
$3,000,000
09/12/2025
Status changed to Active
$3,000,000
09/05/2025
Status changed to Removed from Feed
$3,000,000
09/05/2025
Status changed to Active
$3,000,000
09/04/2025
Status changed to Removed from Feed
$3,000,000
09/01/2025
Status changed to Active
$3,000,000
08/29/2025
Status changed to Removed from Feed
$3,000,000
06/28/2025
Status changed to Active
$3,000,000
06/27/2025
Status changed to Removed from Feed
$3,000,000
06/24/2025
Listed by Lyon Stahl Investment Real Estate, Inc.
$3,000,000

Property Details for 1973 W 22nd Street

Association

Amenities

  • Community Features: Gated

Exterior

Construction

  • Number Of Units Total: 18
  • Property Attached: Yes
  • Roof: Composition, Shingle
  • Stories Total: 2
  • Year Built: 1964
  • Architectural Style: Mid-Century Modern
  • Common Walls: 1 Common Wall
  • Construction Materials: Stucco

Features

  • Direction Faces: South
  • View: City Lights

Measurements

  • Building Area Total: 12,816
  • Lot Size Acres: 0.55
  • Lot Size Area: 24,242
  • Lot Size Square Feet: 24,242
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 5.12
  • Gross Income: $249,367.00

Taxes

  • Parcel Number: 5058024018

Interior

Features

  • Appliances: Disposal, Refrigerator

Measurements

  • Living Area: 12,816

Rooms

  • Bathrooms Total Integer: 18
  • Bedrooms Total: 23

Parking

Parking

  • Open Parking Spaces: 28
  • Parking Features: Assigned, Uncovered
  • Parking Total: 28

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Has Cooling: Yes
  • Heating: Wall Furnace
  • Has Heating: Yes
  • Laundry Features: Common Area
  • Sewer: Other

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 23 bedrooms in this multi-family home at 1973 W 22nd Street.

Does this multi-family home have parking?

Yes, there are 28 parking spaces available for 1973 W 22nd Street.

How does 1973 W 22nd Street compare to other multi-family homes in Adams - Normandie?

This multi-family home is listed 93% above the average price for multi-family homes in Adams - Normandie and has been on the market for 33 more days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 12,816 sqft.

1973 W 22nd Street is a 23-bedroom multi-family home for sale in Los Angeles CA 90018. Available on Prevu for 170 days at $2,800,000. This includes a recent price decrease of $200,000. This property features 12,816 square feet of living space, located in Adams - Normandie. The median listing price for multi-family homes in this area is $1,300,000. The home offers private outdoor space and parking. Explore more 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.

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.