$ 1,500,000
-
$1,500,000
Price -
10
Bed -
7
Bath -
2,443
SqFt
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About the Listing PB20590 - TRTUNMAN,22286278,22286278,22286278
// PRICE IMPROVEMENT // Almost 8% CAP RATE!!! A prime investment opportunity in the heart of the USC rental market, this fully furnished property features a 5-bedroom, 4-bathroom single-family residence with updated electrical and plumbing systems in 2020 and a permitted 5-bedroom, 3-bathroom ADU, newly built in 2024 with paid off solar. Both units are fully furnished and leased to USC students. Designed for maximum efficiency, the property includes separate electric meters, tenants are responsible for LADWP, SoCal gas, internet, trash and sewer. The paid-off solar panels further enhance cost savings, making this an even more attractive investment. A 2024 paved driveway offers six parking spaces, a rare and valuable feature in this high-demand area. Located just minutes from USC, with easy access to shopping, dining, and major freeways, this turnkey rental offers amazing cap rate with room for increased returns. Don’t miss this rare opportunity to own a high-yield investment in one of Los Angeles’ strongest rental markets.
Listing Highlights for 1420 W 22nd St
Interior Details
- Bedrooms: 10
- Bathrooms: 7 Full
- Appliances: Gas Oven, Gas Range, Refrigerator, Range Hood, Tankless Water Heater, Water Heater
- Air Cond: Ductless
- Heating: Ductless
- Fireplaces:
- Floor: Laminate
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Furnished
- Water: Public
Exterior Details
- Lot Description: 2-5 Units/Acre,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 6
- Zoning: LARD2
- Roof: Shingle
- Others: Turnkey,2+ Total Units
- Sewer: Public Sewer
- Parking Features: Driveway
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5055001022
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
1420 W 22nd St Los Angeles, CA 90007
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