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    22Nd St Los Angeles, CA 90018

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    For Sale
    $2,800,000

    18-unit multifamily property with significant rental upside potential.

    Property size:
    12,816 SF
    Lot size:
    0.56 Acres

    Property Features for 22Nd St

    General Information

    Standard status
    Active
    Size
    12,816 SF
    Lot size
    0.56 Acres

    Building Details

    Year built
    1964

    Source: LYON STAHL INVESTMENT REAL ESTATE, INC. Agent WILLIAM JAMES

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

    Overview

    Multifamily Opportunity in West Adams

    This offering features an 18-unit multifamily property located in West Adams. The property consists of two adjacent apartment buildings situated on a large 24,239 square foot parcel. The unit mix includes five 2-bedroom, 1-bath units and thirteen 1-bedroom, 1-bath units. There are 28 parking spaces available. The property offers the potential to construct additional units while maintaining parking. The property is offered at a price of $155,556 per unit and $218 per square foot. There is potential to increase rents.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.267232
    Latitude
    34.028389

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    FAQs

    What type of property is this?
    Apartment building - 18-unit multifamily property with significant rental upside potential.
    Where is this apartment building located?
    The property is located at 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 pricing at $155,556 per unit and $218 per square foot.; - Large 24,239 sf lot offers the opportunity to build additional units while preserving parking.
    Request Owner's contact information
    22Nd St Los Angeles, CA 90018
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    22Nd St Los Angeles, CA 90018
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