1545 W 22nd
Los Angeles, CA 90007
7
Bed
4
Bath
4,214Sqft(Lot)
DELIVERED WITH ONE UNIT VACANT AT CLOSE OF ESCROW. This 4-unit value-add asset is located within walking distance to USC and just minutes from the 10 Freeway, offering investors a strong rental location with long-term upside. The property is currently operating at a 5.67% cap rate and 12.12 GRM, with approximately 52% upside in rents. With one unit delivered vacant, a new owner has the opportunity to immediately renovate, lease at market, and begin capturing upside from day one. With a motivated seller, strong location fundamentals, and clear rental upside, this building is ready for a new owner to step in and take advantage of the long-term value-add opportunity.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Building Information
Year Built: 1913Building Area Total: 3168Pool Features: NonePrivate Pool: No
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Lot Information
Main Square Feet: 4214 Lot Size Acres: 0.0967 Lot Size Source: Assessor Lot Size Square Feet: 4,214 Lot Description: TwoToFiveUnitsAcre
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Listing Price Information
Listing Price: $849000Cash, Conventional, Exchange1031
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Tax Information
Parcel Number: 5054023032 Tax Lot: 6
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Location Information
Direction: North of W Washington Blvd, South of W 20th St, East of S Western Ave, West of S Normandie Ave. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1956 Magnolia Avenue, Los Angeles, CA, 90007 | $969,000 | 5 | 4 | 2,820 | 4,158 Sq. Ft |
| 1256 W 22nd, Los Angeles, CA, 90007 | $875,000 | 4 | 4 | -- | 5,859 Sq. Ft |
| 1420 W 22nd Street, Los Angeles, CA, 90007 | $1,275,000 | 10 | 7 | 2,443 | 5,895 Sq. Ft |
| 1452 W 22nd, Los Angeles, CA, 90007 | $1,379,000 | 5 | 3 | 1,991 | 5,895 Sq. Ft |
| 1503 W Adams, Los Angeles, CA, 90007 | $1,125,000 | 6 | 4 | -- | 5,402 Sq. Ft |
| 1503 W Adams, Los Angeles, CA, 90007 | $1,125,000 | 6 | 4 | 3,088 | 5,402 Sq. Ft |
| 1497 W 27th, Los Angeles, CA, 90007 | $1,100,000 | 5 | 3 | -- | 7,021 Sq. Ft |
| 2631 Juliet Street, Los Angeles, CA, 90007 | $499,000 | 2 | 2 | -- | 2,938 Sq. Ft |
| 2220 Raymond, Los Angeles, CA, 90007 | $2,000,000 | 8 | 4 | -- | 6,752 Sq. Ft |
| 3110 Raymond Ave, Los Angeles, CA, 90007 | $980,000 | 5 | 4 | 4,168 | 6,680 Sq. Ft |
Similar Multifamily To 1545 W 22nd
Nearby For Sale
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ByOwner last updated this listing 10/03/2026 @ 23:11
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