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Four-Unit Value-Add Multifamily
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1543 W 22nd Pl, Los Angeles, CA 90007

Four-unit multifamily asset in Central Los Angeles near USC and Exposition Park, positioned for market-rent repositioning.

Property Size3,168 SF
Price / SF$267.99
Days on Market127

Property Features for 1543 W 22nd Pl

General Information

Standard status Active
Size 3,168 SF
Property subtype Multifamily
Zoning LAR2
Occupancy 100%
Investment Type Value Add
Net Operating Income $40,588

Additional Details

Cap Rate 4.78%
Highway Access Yes
Multifamily Units 4

Building Details

Year Built 1913
Units 4
Tenancy Multi
Listing Agency: Lyon Stahl Investment Real Estate
Listed By: Cameron Samimi · License #CA 02035763
Source: Crexi
Added: May 4 Changed: Sep 6 Last Checked: Sep 7 at 4:43AM

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 Lyon Stahl Investment Real Estate

Investment Insights

Based on property information with market context.

1543 W 22nd Pl is a four-unit multifamily property presented as a value-add opportunity, with the offering figures indicating meaningful upside through repositioning to market rents. The property’s in-place performance is shown in the materials as a 4.78% cap rate and 13.16 GRM, with the pro forma figures provided at a 9.41% pro forma cap rate and 8.09 pro forma GRM.

The property is located in Central Los Angeles near USC and Exposition Park. Exposition Park is described as home to BMO Stadium, the California Science Center, the Natural History Museum, and the California African American Museum. The remarks also note access to the Metro E Line via Expo Park/USC Station, and mention freeway access to the 10 and 110. The offering further cites Exposition Park’s continued development, including the Lucas Museum of Narrative Art scheduled to open in 2026.

Key Highlights

  • 4‑unit multifamily property built in 1913 in Central Los Angeles near USC and Exposition Park
  • Currently operating at a 4.78% cap rate and 13.16 GRM, with pro forma upside to a 9.41% cap rate and 8.09 pro forma GRM
  • Offered at $849,000 (approximately $212,250 per unit)

Property Analytics

Current Use

Quadplexes

Suggested Use

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

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

4
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,120
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

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?
Quadplex - Four-unit multifamily asset in Central Los Angeles near USC and Exposition Park, positioned for market-rent repositioning.
Where is this quadplex located?
The property is located at 1543 W 22nd Pl Los Angeles, CA.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: 4‑unit multifamily property built in 1913 in Central Los Angeles near USC and Exposition Park; Currently operating at a 4.78% cap rate and 13.16 GRM, with pro forma upside to a 9.41% cap rate and 8.09 pro forma GRM; Offered at $849,000 (approximately $212,250 per unit)
(310) 259-7556 Call to check price and availability
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