1514 E 22nd Street
Los Angeles, CA 90011
0.13 acres | #DW24238017
Description
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!
Property Details
- InteriorBalcony, QuartzCounters, RecessedLighting, PrimarySuite
- Lot DescriptionZeroToOneUnitAcre
- Property TypeMulti-Family
- Exterior MaterialsRainGutters
- Sewer InformationPublicSewer
- CountyLos Angeles
- Original List Price$1,895,000
- MLS #DW24238017
- MLS #DW24238017
- Cost1895000
- Acres0.1301
- Utility SourcePublic
- Property SubtypeDuplex
- Year Built2024
- FoundationSlab
- Stories2
- Parking Spaces2
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Daniel Terrazas (#DWTERDAN)
Listing Office: VIP Real Estate Firm (#DWCBV)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
