4-Unit Apartment
For Sale
$799,000
1543 W 22nd, Los Angeles, CA 90007
One residence is expected to be vacant at closing, allowing a new owner to lease it.
Property Size3,168 SF
Days on Market8
Property Features for 1543 W 22nd
General Information
Standard status
Active
Size
3,168 SF
Property subtype
Apartment
Financials
Cap Rate
6.1%
Gross Income
$70,200
Gross Rent Multiplier
11.4
Site & Location
Neighborhood
South Los Angeles
Highway Access
Yes
Additional Details
Multifamily Units
4
Tenant in Place
Yes
Building Details
Building Size
3,168 SF
Year Built
1913
Listing Agency:
Lyon Stahl Investment Real Est
Listed By:
Boris Almengor · License #02092597
Source:
Rochellemaize
Added: Oct 25
Changed: Oct 31
Last Checked: Oct 31 at 3:20AM
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 Est
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Investment Insights
Based on property information with market context.
Built in 1913, this four-unit apartment property is being offered with one unit vacant at closing. The building is reported at a 6.10% cap rate and 11.40 GRM, with approximately 52% potential rent upside cited in the listing information.
The property is within walking distance of USC and a short drive from the 10 Freeway. The vacant unit provides an immediate leasing opportunity after closing.
The property is within walking distance of USC and a short drive from the 10 Freeway. The vacant unit provides an immediate leasing opportunity after closing.
Key Highlights
- Four residential units; one unit vacant at closing
- 1913 construction
- Reported 6.10% cap rate and 11.40 GRM
Property Analytics
Who owns this building?
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Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,782
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - One residence is expected to be vacant at closing, allowing a new owner to lease it.
Where is this quadplex located?
The property is located at 1543 W 22nd Los Angeles, CA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Four residential units; one unit vacant at closing; 1913 construction; Reported 6.10% cap rate and 11.40 GRM
