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Renovated Student Housing Duplex
For Sale
$1,275,000

1420 W 22nd St, Los Angeles, CA 90007

Two residences pair updated interiors with a separate rear accessory dwelling and on-site parking.

Property Size2,443 SF
Days on Market9

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 8.31%
Public Transit Yes

Building Details

Building Size 2,443 SF
Year Built 1901
Buildings 2
Listing Agency: Keller Williams Beverly Hills
Listed By: Adam Shamooelian · License #02116849
Source: Milsteinestates
Added: Sep 30 Changed: Oct 5 Last Checked: Oct 7 at 5:07PM

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.

At 1420–1422 W. 22nd Street, this duplex property comprises two five-bedroom residences with a combined 10 bedrooms and 7 bathrooms. The front home is configured with 4 bathrooms and has received permitted plumbing, electrical, and bathroom improvements. A rear accessory dwelling unit, completed in 2024, provides 5 bedrooms and 3 bathrooms. Exterior hardscape and paving were also updated in 2024, and the property includes six on-site parking spaces.

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. The stated capitalization rate is 8.31%.

Key Highlights

  • Two residences offer 10 bedrooms and 7 bathrooms in total
  • Front residence has 5 bedrooms and 4 bathrooms
  • Rear ADU completed in 2024 with 5 bedrooms and 3 bathrooms

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Carpet & Flooring Store (Bike/Boat/Book/etc) Store Pet Grooming Service Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

2,220
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two residences pair updated interiors with a separate rear accessory dwelling and on-site parking.
Where is this duplex 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 $1,275,000.
What are key features of this property?
This property features: Two residences offer 10 bedrooms and 7 bathrooms in total; Front residence has 5 bedrooms and 4 bathrooms; Rear ADU completed in 2024 with 5 bedrooms and 3 bathrooms
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