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Two-House Multifamily Property
For Sale
$1,150,000

856 E 22nd St, Los Angeles, CA 90011

Separate utility meters support tenant-paid electricity, gas, and water service.

Days on Market96

Property Features for 856 E 22nd St

General Information

Standard status Active
Property subtype MULTI_FAMILY

Additional Details

Utilities to Site Yes
Multifamily Units 2

Building Details

Building Size 4,219 SF
Year Built 1901
Buildings 2
Listing Agency: Mega Realty
Listed By: Yongho Rho · License #01035466
Source: Rochellemaize
Added: Apr 30 Changed: Aug 2 Last Checked: Aug 2 at 11:40AM

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 Mega Realty

Investment Insights

Based on property information with market context.

This multifamily property includes two houses on one lot. The residence at 2205 S. Stanford Ave measures 2,716 square feet and was built in 2004, while the home at 856 E. 22nd St measures 1,503 square feet and dates to 1901. The property’s overall year built is recorded as 1901.

Electricity, gas, and water are separately metered for each residence, with those utility costs paid by the tenants. The legal bedroom status should be independently verified by the buyer.

Key Highlights

  • Two houses on one lot
  • 2205 S. Stanford Ave: 2,716sf, built in 2004
  • 856 E. 22nd St: 1,503sf, built in 1901

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Accounting Firm Law Firm Acupuncture Nursing Home (Bike/Boat/Book/etc) Store Pet Grooming Service

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
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,665
Businesses Nearby

Demographics for 90011, CA

102,308
Population
25,119
Households
4.1
Avg Household Size
30
Median Age
6%
College-Educated
43%
High-School Grad
4.3 sq mi
ZIP Area
23,793
Density / Sq Mi
$53,781
Median Household Income
$27,889
Median Earnings
$1,497
Median Rent
$575,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Multifamily property - Separate utility meters support tenant-paid electricity, gas, and water service.
Where is this multifamily property located?
The property is located at 856 E 22nd St Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Two houses on one lot; 2205 S. Stanford Ave: 2,716sf, built in 2004; 856 E. 22nd St: 1,503sf, built in 1901
More about this property
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