- – beds
- – baths
- – sqft
- ~1/2 acre lot
- 1964 build
- – on site
We are pleased to present 1973-2015 W. 22nd Street, an 18-unit multifamily opportunity located in the heart of West Adams. The offering comprises two adjacent apartment buildings on one large parcel totaling 24,239 sf. The unit mix includes five (2-bedroom, 1-bath) and thirteen (1-bedroom, 1-bath) units. The unique lot offers parking for 28 individual vehicles allowing a new investor the opportunity to build additional units while preserving parking. This investment is being offered at a very attractive price per unit ($166,667) and price per square foot ($234). With nearly 70% upside in rents, this investment provides both a great basis with the ability to increase the cash flow to double digit returns.
Last checked:
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Last updated Jun 24, 2025
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MLS# 25555119 —
The Building
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Year Built:1964
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New Construction:No
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Construction Materials:Stucco
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Building Area Total:12816.00
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Total Number Of Units:18
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# of Buildings:2
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Architectural Style:Mid Century Modern
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Stories Total:2
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Faces:South
Interior
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Levels:Multi/Split
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Fireplace:No
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Fireplace:None
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Laundry:Community
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Laundry:1
Location
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Directions:Exit Western heading South from the 10 fwy. Turn East on W. 22nd St. Property is on the North side of the street.
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Latitude:34.03649900
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Longitude:-118.30602500
The Property
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Property Type:Residential Income
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Zoning:LAR3
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Lot Size Area:24242.0000
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Lot Size Acres:0.5565
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Lot Size SqFt:24242.00
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View:1
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View:City Lights
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Security Features:Gated Community, Carbon Monoxide Detector(s), Smoke Detector(s), Resident Manager, Window Bars
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5058024018
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
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Cooling:Yes
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Cooling:Wall/Window Unit(s)
Utilities
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Sewer:Other
Appliances
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Appliances:Refrigerator
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Included:Yes
The Community
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
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Spa Features:None
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Assessments:No
Parking
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Parking:Yes
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Parking:Assigned, Uncovered
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Parking Spaces:28.00
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Uncovered Spaces:28.00
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).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/24/25
Jun 24, 2025
|
Listed / Active | CRMLS_CA | $3,000,000 |