1420 W 22nd Street
Los Angeles, CA 90007
- 8 beds
- 7 baths
- 2,372 sqft
- 5,895 sqft lot
- $716 per sqft
- 1901 build
- – on site
Investors Alert! Incredible opportunity to acquire an investment property located in the sought-after USC area of Los Angeles. The primary residence boasts 3 bedrooms and 4 bathrooms according to title records, though actual bedroom count may vary. Presently utilized as student housing, generating $5650 in rental income. Tenants are responsible for all utilities except for gardening services. Newly constructed ADU at the rear completed in 2024, featuring 5 bedrooms and 3 bathrooms, equipped with solar panels. The ADU holds the potential to yield rents of up to $6250. Conveniently situated near major freeways and shopping centers, this property offers a prime location. Property total square footage is 2,372 including the ADU. Buyers or their agents are encouraged to verify all details regarding square footage, bedroom/bathroom count, and conduct their own thorough investigations.
Last checked:
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Last updated May 10, 2024
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MLS# MB24089492 —
This home is listed in more than one place. See it here.
Monthly cost estimate
Asking price
$1,700,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$9,102
|
| Taxes | N/A |
| Insurance | $467 |
| Utilities | $196 See report |
| Total | $9,765/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/4/24
May 4, 2024
|
Listed / Active | CRMLS_CA | $1,700,000 | 142.9% (32.4% / YR) |
|
12/6/19
Dec 6, 2019
|
CRMLS_CA | $700,000 | ||
|
7/15/19
Jul 15, 2019
|
Price Changed | CRMLS_CA |
35% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $101k above asking price on average, but some went as high as $501k over asking price.