Renovated Multifamily Property with New
For Sale
$1,350,000
1420 W 22nd St, Los Angeles, CA 90007
Two residences offer room-by-room student housing potential with on-site parking.
Property Size2,443 SF
Days on Market51
Property Features for 1420 W 22nd St
General Information
Standard status
Active
Size
2,443 SF
Total Parking Spaces
6
Property subtype
MULTI_FAMILY
Units
Unit Mix
1 x 5BR/4BA, 1 x 5BR/3BA
Multifamily Units
2
Additional Details
Cap Rate
7.61%
Public Transit
Yes
Building Details
Building Size
2,443 SF
Year Built
1901
Buildings
2
Listing Agency:
Keller Williams Beverly Hills
(310) 432-6400
Listed By:
Adam Shamooelian · License #02116849
Source:
Rochellemaize
Added: Jul 13
Changed: Aug 30
Last Checked: Aug 31 at 9:22PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Beverly Hills
Investment Insights
Based on property information with market context.
This multifamily property includes a substantially improved front residence and a rear ADU completed in 2024. Together, the residences provide 10 bedrooms and 7 bathrooms, with six on-site parking spaces. Improvements to the front home include permitted plumbing, electrical, and bathroom work, while the rear unit features contemporary construction and finishes. Exterior hardscape and paving were also upgraded in 2024.
The property is within the USC DPS Patrol Zone and near the University of Southern California, USC Village, Exposition Park, and the Metro E Line. Its configuration supports rent-by-the-room student housing. The offering reflects a 7.61% cap rate, and the original structure dates to 1901. Buyers are responsible for verifying permits, square footage, and other property information.
The property is within the USC DPS Patrol Zone and near the University of Southern California, USC Village, Exposition Park, and the Metro E Line. Its configuration supports rent-by-the-room student housing. The offering reflects a 7.61% cap rate, and the original structure dates to 1901. Buyers are responsible for verifying permits, square footage, and other property information.
Key Highlights
- 10 bedrooms and 7 bathrooms across two residences
- Rear 5‑bedroom, 3‑bathroom ADU completed in 2024
- Front residence configured with 5 bedrooms and 4 bathrooms
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,220
Businesses Nearby
Explore this area
Business Placement
Demographics for 90007, CA
40,944
Population
14,153
Households
2.9
Avg Household Size
28
Median Age
29%
College-Educated
63%
High-School Grad
2.4 sq mi
ZIP Area
17,060
Density / Sq Mi
$36,032
Median Household Income
$21,176
Median Earnings
$1,480
Median Rent
$852,900
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Two residences offer room-by-room student housing potential with on-site parking.
Where is this multifamily property located?
The property is located at 1420 W 22nd St Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 10 bedrooms and 7 bathrooms across two residences; Rear 5‑bedroom, 3‑bathroom ADU completed in 2024; Front residence configured with 5 bedrooms and 4 bathrooms
