1514 E 22Nd Street

Los Angeles, CA 90011

$1,895,000

List Price

N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten / sqft

2024

calendar_month Built

Property 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

List Price $1,895,000
Status Active
MLS DW24238017
Type Residential Income
Subtype Duplex
Year Built 2024
Lot Size 5,666
Structure Size N/A
DOM 14
Courtesy Of VIP Real Estate Firm
Listing Agent Daniel Terrazas DRE#02019893

Interior Features

Laundry Information
Location(s) Laundry Room
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Flooring Information
Material Laminate
Fireplace Information
Features Dining Room
Additional Information
Additional Features Balcony, Quartz Counters, Recessed Lighting, Primary Suite
Cooling Type
Cooling Type Central Air

Exterior Information

Other Structures
Structures Guest House Attached,Two On A Lot

Maps

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 Dec 5th, 2024 at 2:17 AM 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.