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1514 E 22nd Street

Los Angeles, CA 90011

– beds
– baths
– sqft
5,666 sqft lot
2024 build
– on site

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 CRMLS_CA / Daniel Terrazas / VIP Real Estate Firm / 310-730-9489

Last checked: Checking… • Last updated Nov 22, 2024 •

MLS# DW24238017 —

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

The Building

Year Built:

2024
Year Built Source:

Builder
New Construction:

Yes
Construction Materials:

Drywall Walls, Glass, Stucco, Wood Siding
Architectural Style:

Modern
Exterior Features:

Rain Gutters
Entry Level:

1
Foundation:

Slab
Common Walls:

1 Common Wall
Building Area Total:

4615.00
Building Area Units:

Square Feet
# of Buildings:

2
Total Number Of Units:

3
Stories Total:

2
# of Separate Gas Meters:

3
# of Separate Water Meters:

3
# of Separate Electric Meters:

3

Interior

Features:

Balcony, Quartz Counters, Recessed Lighting
Levels:

Two
Entry Location:

3
Window Features:

ENERGY STAR Qualified Windows
Flooring:

Laminate
Room Type:

Primary Suite
Fireplace:

Yes
Fireplace:

Dining Room
Laundry:

Individual Room
Laundry:

1

Location

Directions:

hooper and 22nd st
Latitude:

34.01840500
Longitude:

-118.24782200

The Property

Property Type:

Residential Income
Subtype:

Duplex
Property Condition:

Turnkey
Zoning:

LAR2
Lot Features:

0-1 Unit/Acre
Lot Size Area:

5666.0000
Lot Size Acres:

0.1301
Lot Size SqFt:

5666.00
Lot Size Source:

Assessor
Fencing:

Security, Wrought Iron
Fence:

Yes
Road Frontage:

City Street
Property Attached:

1
Additional Parcels:

No
Other Structures:

Guest House Attached, Two On A Lot
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

2270.10
Tax Lot:

119

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5118005017

Heating & Cooling

Heating:

1
Heating:

Central
Cooling:

Yes
Cooling:

Central Air

Utilities

Sewer:

Public Sewer
Electric:

220 Volts
Water Source:

Public

The Community

Senior Community:

No
Features:

Sidewalks
Pool:

None
Private Pool:

No
Spa Features:

None

Parking

Parking Spaces:

6.00
Garage Spaces:

2.00
Uncovered Spaces:

4.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
11/20/24 Nov 20, 2024	Listed / Active	CRMLS_CA	$1,895,000	303.2% (93.0% / YR)
8/18/21 Aug 18, 2021		CRMLS_CA	$470,000	17.5%
7/7/21 Jul 7, 2021		CRMLS_CA	$399,900

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This multifamily located in South LA, Los Angeles, CA 90011 is currently for sale for $1,895,000. 1514 E 22nd Street is a – square foot multifamily with – beds and – baths that has been on Estately for 3 days. 1514 E 22nd Street is in the South LA neighborhood of Los Angeles and has a WalkScore® of 78, making it very walkable. This multifamily is in the attendance area of 20th Street Elementary School, Santee Education Complex, Thomas Jefferson Senior High, Nava College Preparatory Academy, Dr Maya Angelou Community Senior High, and Dr. Julian Nava Learning Academies-School Of Business And Technology.

Listing Courtesy of: CRMLS_CA and VIP Real Estate Firm. Based on information from California Regional Multiple Listing Service, Inc. as of 00:00 on Nov 23.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.