1380 E 22nd Street
Los Angeles, CA 90011
- – beds
- – baths
- – sqft
- 5,705 sqft lot
- 1927 build
- – on site
We are proud to present 1380 E 22nd Street, a four-unit property located in the heart of Downtown Los Angeles priced at a 7.38% CAP on current rents. All units will be delivered with tenants in place. Located south of the 10 freeway and east of the 110 freeway, this property is located just minutes away from Downtown Los Angeles, Chinatown, to the Crypto.com Arena, The Convention Center, LAFC, The Coliseum, USC, Natural History Museum as well as a number of other tenant amenities and conveniences. The property consists of two separate duplexes comprising 2,610 rentable square feet built in 1927 which is situated on a 5,705 square foot lot with alley access. The unit mix consists of (1) three-bedroom one bath, (2) two-bedroom two-bath and (1) one-bedroom one bath unit. Priced attractively at a 7.38% CAP Rate and at 9.32X Gross on current rents, this opportunity presents 35% upside in rents to operate at a 10.87% CAP Rate and a 6.91 GRM at market. All units are tenant occupied with all units having been renovated except for the one bedroom. Contact the listing broker for additional information.
Last checked:
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Last updated Mar 25, 2025
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MLS# 25510149 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1927
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New Construction:No
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Building Area Total:2610.00
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Total Number Of Units:4
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# of Buildings:2
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Stories Total:1
Interior
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Levels:One
Location
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Directions:Google Maps: 1380 E 22nd St, Los Angeles, CA 90011
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Latitude:34.02010700
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Longitude:-118.25096300
The Property
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Property Type:Residential Income
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Zoning:LAR4
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Lot Size Area:5705.0000
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Lot Size Acres:0.1310
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Lot Size SqFt:5705.00
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Additional Parcels:No
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5119006020
Appliances
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:No
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Parking:None
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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3/25/25
Mar 25, 2025
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Sold Subject To Contingencies | CRMLS_CA | $895,000 | |
|
3/11/25
Mar 11, 2025
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Listed / Active | CRMLS_CA | $895,000 | 70.5% (10.2% / YR) |
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4/24/18
Apr 24, 2018
|
CRMLS_CA | $525,000 |
