Los Angeles, CA 90007 1241 W 22nd Street

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Presented By: Alberto Garcia with Pacific Properties Rlty Group; 714-330-0554
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# PW25132548
  • 06/13/2025
  • Request Tour
  • Request Info
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 5
  • Baths • 4
  • SQFT • 2,946

Home Details

Turnkey Investment Opportunity Just Steps from USC! Located within the USC Security Patrol Zone, this beautifully restored four-plex is a prime opportunity for investors or owner-occupants alike. Just minutes from USC, LA Memorial Coliseum, BMO Stadium, and the Natural History Museum, this centrally located property also provides easy access to Downtown Los Angeles. Anchored by a restored 2-bedroom, 2-bathroom unit. Inside, the home boasts an open concept floor plan with tasteful modern finishes throughout. The remodeled kitchen features brand-new cabinets and sleek countertops, perfect for today’s lifestyle. Enjoy year-round comfort with central A/C, and appreciate the convenience of in-unit laundry in a dedicated laundry room. The primary suite includes a built-in walk-in closet and a luxurious tiled shower with a niche designed for student convenience. Step outside from the living room to a serene private balcony, ideal for relaxing or entertaining. Additional features include:     •    New electrical and plumbing systems in the remodeled unit     •    One driveway parking space     •    Strong rental demand from USC students and faculty. This is an ideal low-maintenance property in a high-demand area. Don’t miss this chance to invest in one of LA’s most dynamic neighborhoods!
Presented By: Alberto Garcia with Pacific Properties Rlty Group; 714-330-0554

Interior Features for 1241 W 22nd Street

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesWasherHookup, GasDryerHookup
Total Stories2

Other Rooms

Entry Level1

General for 1241 W 22nd Street

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate4.74
Carport Y/NNo
CityLos Angeles
Community FeaturesCurbs, StreetLights
CountyLos Angeles
Directionson 22nd street. East of Vermont, West of Hoover
DisclosuresHistorical, RentControl
Electric Expense0.0
Electric On Property Y/NNo
Entry LocationFront
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income0.0
HOANo
Home Warranty Y/NNo
Insurance Expense2543.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCashToNewLoan, Conventional, FHA, VaLoan
Lot Size Square Feet4998.0
Lot Size UnitsSquareFeet
MLS AreaC16 - Mid Los Angeles
MaintenanceExpense2600.0
MobileHomeRemainsYNNo
Net Operating Income61747.8
New ConstructionNo
Number Of Units Total4
Number of Units Leased3
Operating Expense20744.0
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NYes
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot7
Tenant PaysElectricity, Gas, TrashCollection
Total Actual Rent3374.32
Trash Expense0.0
Water Sewer Expense3821.1
Year Built1904
Year Built SourceAssessor
ZoningLARD2

Exterior for 1241 W 22nd Street

Building Area Total2946.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesBackYard, FrontYard, Yard
Lot Size Acres0.1147
Lot Size Area4998.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters5
Number of Separate Gas Meters4
Number of Separate Water Meters1
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking0.0
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $1,299,000
MLS#PW25132548
List Date 06/13/2025
Property Type Multi-Family
Phone 714.742.6515
Request Tour
Request Info
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