$1,895,000
For Sale

1514 E 22nd Street

Los Angeles, CA 90011
0.13 acres | #DW24238017
Listing OfficeVIP Real Estate Firm
Browse 97 photos
Type:Multi-Family
Structure:2 Family
Zone:Residential

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!

  • Interior Details
      • InteriorBalcony, QuartzCounters, RecessedLighting, PrimarySuite
  • Property Details
      • Lot DescriptionZeroToOneUnitAcre
      • Exterior MaterialsRainGutters
      • Stories2
    • Measurements
      • Acres0.1301
    • Parking
      • Parking Spaces2
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built2024
    • Material information
      • FoundationSlab
  • Utilities / Energy Details
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountyLos Angeles
  • Financial Details
      • Original List Price$1,895,000
  • Other
      • MLS #DW24238017

Location

Lynn O'NeilReal Estate Group
$
years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
$
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annually
$
monthly

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.

Estimated Monthly Payment
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Loan Amount
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