Property Detail

1973 22nd

Los Angeles CA 90018

$3,000,000

Status: Active

Property Details

Description

We are pleased to present 1973-2015 W. 22nd Street, an 18-unit multifamily opportunity located in the heart of West Adams. The offering comprises two adjacent apartment buildings on one large parcel totaling 24,239 sf. The unit mix includes five (2-bedroom, 1-bath) and thirteen (1-bedroom, 1-bath) units. The unique lot offers parking for 28 individual vehicles allowing a new investor the opportunity to build additional units while preserving parking. This investment is being offered at a very attractive price per unit ($166,667) and price per square foot ($234). With nearly 70% upside in rents, this investment provides both a great basis with the ability to increase the cash flow to double digit returns.

Map Location

Listing provided courtesy of William James of Lyon Stahl Investment Real Estate, Inc.. Last updated 2025-07-17 08:11:16.000000. Listing information © 2025 CRMLS.

John Collins

John Collins

DRE# 01948188
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