1514 E 22Nd Street
Los Angeles, CA 90011
Active for $1,895,000
Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 5,666 sqft
| MLS | DW24238017 |
| Year Built | 2024 |
| Property Type | Duplex |
| County | Los Angeles |
| Status | Active |
| Active | $1,895,000 |
| Structure Size | N/A sqft |
| Lot Size | 5,666 sqft |
| Beds | N/A |
| Baths | N/A |
Description
New modern West LA living near Downtown LA! Come and check out the this 3 unit ground up construction only 2.6 miles away from the Crypto arena and DTLA! This home is close to major transits…Only couple blocks from the Blue Line Station that has quick access to get to Downtown LA and Downtown Long Beach (76 Walk Score). This property is perfect investors who are LOOKING IN OPPORTUNITY ZONES! Yes that right, this property is located in an OZ. Investors get to enjoy a nice cash flow off this home with of a pro-forma of $150,000 in gross rents. Amazing est. 6 % CAP rate and a 12.6X GRM. Property has total of 12 bedrooms and 7 baths. First two units offer a 5 bedroom, 3 baths. ADU unit offers 2 bedroom and 1 bath with the garages on the bottom, perfect to build an additional unit once you buy it. This property has all the modern touches in today’s market such as laminate flooring, balconies, recessed lighting, quarts countertops on kitchen, backsplash, central AC, washroom, PAID OFF solar systems, and very low expenses as all units have separate utilities including water meters. Near retailers include Autozone, Tacos Gavilan, Superior Grocers, Jersey Mike’s Subs and many more. This by far is one of the best property in the neighborhood. Come check it out before is gone!
Listing information courtesy of: Daniel Terrazas, VIP Real Estate Firm 562-231-3333. *Based on information from the Association of REALTORS/Multiple Listing as of 11/21/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Location
Contact a Local Realtor®
Mohammad Sandhu
REALTOR®
Direct: 310.272.3500
Email: Email Me
DRE: 01486945
DRE #01873088
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