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1973 W 22Nd St Los Angeles, CA 90018

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For Sale
$2,800,000

18-unit multifamily property in West Adams with significant rental upside.

Lot size:
0.56 Acres

Property Features for 1973 W 22Nd St

General Information

Lot size
0.56 Acres

Building Details

Year built
1964
Source: Elliman

Listing Agency: Lyon Stahl Investment Real Estate, Inc.

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

West Adams Multifamily Opportunity

This offering features an 18-unit multifamily property located in West Adams. The property consists of two adjacent apartment buildings situated on a single large parcel of 24,239 square feet. The unit mix includes five 2-bedroom, 1-bath units and thirteen 1-bedroom, 1-bath units. The property has parking for 28 vehicles, potentially allowing for the construction of additional units while preserving existing parking spaces. The property offers the potential to increase cash flow.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Los Angeles
County
Los Angeles
State
California
Longitude
-118.3054611
Latitude
34.0364465

FAQs

What type of property is this?
Apartment building - 18-unit multifamily property in West Adams with significant rental upside.
Where is this apartment building located?
The property is located at 1973 W 22Nd St Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: - Significant rental upside (nearly 70%) offering potential for double-digit returns.; - Attractive price per unit ($155,556) and price per square foot ($218).; - Large 24,239 sf lot offering the opportunity to build additional units.
More about this property
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