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1380 E 22nd Street

Los Angeles, CA 90011

8 beds
– baths
2,610 sqft
5,705 sqft lot
$342 per sqft
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.

Listing courtesy of BRIDGE / Kidder Mathews of California, Inc.

Last checked: Checking… • Last updated Mar 25, 2025 •

MLS# CL25510149 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1927
Building Area Units:

Square Feet
Building Area Total:

2610

Room Dimensions

Living Area:

2610
Living Area Units:

Square Feet

Location

Directions:

Google Maps: 1380 E 22nd St, Los Angeles, CA 90011

The Property

Property Type:

Residential Income
Property Subtype:

OTHER
Parcel Number:

5119006020
Zoning:

LAR4
Lot Size Area:

0.13
Lot Size Acres:

0.13
Lot Size SqFt:

5705
Lot Size Units:

Acres

Listing Agent

Contact info:

Beds

Bedrooms Total:

8

The Community

Association:

false

Parking

Garage:

false
Attached Garage:

false
Carport:

false
Parking Features:

None

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
3/25/25 Mar 25, 2025	Sold Subject To Contingencies	BRIDGE	$895,000
3/11/25 Mar 11, 2025	Listed / Active	BRIDGE	$895,000	70.5% (10.2% / YR)
4/24/18 Apr 24, 2018		CRMLS_CA	$525,000

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This multifamily located in South LA, Los Angeles, CA 90011 is currently for sale for $895,000. 1380 E 22nd Street is a 2,610 square foot multifamily with 8 beds and – baths that has been on Estately for 22 days. 1380 E 22nd Street is in the South LA neighborhood of Los Angeles and has a WalkScore® of 82, making it very walkable. This multifamily is in the attendance area of Nava College Preparatory Academy, 20th Street Elementary School, Dr. Julian Nava Learning Academies-School Of Business And Technology, Santee Education Complex, Dr Maya Angelou Community Senior High, and Thomas Jefferson Senior High.

Listing courtesy of Kidder Mathews of California, Inc.

Listing Courtesy of: BRIDGE, data current as of 04:14 on Apr 02.

© bridgeMLS, CCAR MLS, and Bay East MLS 2025. Information deemed reliable but not guaranteed. This information is being provided by the Bay East MLS or CCAR MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.