Homes for sale - 1514 E 22nd ST, Los Angeles, CA 90011

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JLee Broker

[email protected] +1(650) 857-1000

$1,895,000

Est. payment - /mo

5,666 Sqft Lot

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UPDATED:

11/21/2024 04:18 AM

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRDW24238017

Style Contemporary

Originating Board California Regional MLS

Year Built 2024

Lot Size 5,666 Sqft

Property 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!

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Interior

Heating Central Forced Air

Cooling Central AC

Flooring Laminate

Laundry In Laundry Room

Exterior

Garage Spaces 6.0

Pool 31, None

Building

Story One Story

Foundation Concrete Slab

Water District - Public

Architectural Style Contemporary

Others

Tax ID 5118005017

Special Listing Condition Not Applicable

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Listed by Daniel Terrazas • VIP Real Estate Firm

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JLee Broker

+1(650) 857-1000

Broker | License ID: 00851314

Broker License ID: 00851314

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1514 E 22nd ST Los Angeles, CA 90011

JLee Broker

JLee Broker

Key Details

Location

Interior

Exterior

Building

Others

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