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Listed by Everett Wong • Greysteel California, Inc.
$ 1,450,000
Est. payment /mo
Active
1680 West 22nd Street Los Angeles, CA 90007
5,000 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Commercial/Residential
Listing Status Active
Purchase Type For Sale
Square Footage 5,000 sqft
Price per Sqft $290
MLS Listing ID PW-25077676
Year Built 1964
Lot Size 6,657 Sqft
Property Sub-Type Commercial/Residential
Property Description
Back on Market with New Pricing!! 1680 W. 22nd Street offers six well-designed units in the rapidly-growing and highly-desirable West Adams neighborhood. This 5,000 SF property features spacious floor plans averaging approximately 833 SF per unit, with a highly attractive unit mix of four 2-bedroom units and two 1-bedroom units. With approximately 35% upside in rents, investors will find strong value-add potential. The property also includes a surface parking lot with six spaces and potential for ADU development under SB 1211 (Buyer to investigate). Additional income is generated through on-site, seller-owned coin-operated laundry machines. The property is located just 1.4 miles from USC and its 47,000+ student population, along with 25,000 faculty and staff. This property offers strong rental demand and long-term growth potential.
Location
State CA
County Los Angeles
Area Metropolitan South
Zoning LAR2
Interior
Laundry Common Area
Exterior
Parking Features Gated
Pool None
Community Features Urban
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer