- 10 Beds
- 7 Baths
- .14 Acres
- 56 DOM
1420 22nd Street
Attention investors! 7+% CAP RATE!!! A prime investment opportunity in the heart of the USC rental market, this fully furnished property features a 5-bedroom, 4-bathroom single-family residence with updated electrical and plumbing systems in 2020 and a permitted 5-bedroom, 3-bathroom ADU, newly built in 2024 with paid off solar. Both units are fully furnished and leased to USC students. Designed for maximum efficiency, the property includes separate electric meters, tenants are responsible for LADWP, SoCal gas, internet, trash and sewer. The paid-off solar panels further enhance cost savings, making this an even more attractive investment. A 2024 paved driveway offers six parking spaces, a rare and valuable feature in this high-demand area. Located just minutes from USC, with easy access to shopping, dining, and major freeways, this turnkey rental offers amazing cap rate with room for increased returns. Don’t miss this rare opportunity to own a high-yield investment in one of Los Angeles’ strongest rental markets.
Essential Information
- MLS® #TR25171507
- Price$1,500,000
- Bedrooms10
- Bathrooms7.00
- Acres0.14
- Year Built1901
- TypeResidential Income
- Sub-TypeSingle Family Residence
- StatusActive
Community Information
- Address1420 22nd Street
- AreaC16 - Mid Los Angeles
- CityLos Angeles
- CountyLos Angeles
- Zip Code90007
Amenities
- Parking Spaces6
- ParkingDriveway
- GaragesDriveway
- ViewNone
- PoolNone
Utilities
Electricity Available, Natural Gas Available, Sewer Available, Water Available
Interior
- InteriorLaminate
- Interior FeaturesFurnished
- HeatingDuctless
- CoolingDuctless
- FireplacesNone
- # of Stories1
- StoriesOne
Appliances
Gas Oven, Gas Range, Refrigerator, Range Hood, Tankless Water Heater, Water Heater
Exterior
- Lot DescriptionTwoToFiveUnitsAcre
- RoofShingle
Additional Information
- Date ListedJanuary 5th, 2025
- Days on Market56
- ZoningLARD2
Listing Details
- AgentJulie Tung
- OfficePartner Real Estate
Price Change History for 1420 22nd Street, Los Angeles, (MLS® #TR25171507)
| Date | Details | Change |
|---|---|---|
| Price Reduced from $1,600,000 to $1,500,000 |
Julie Tung, Partner Real Estate.
Based on information from California Regional Multiple Listing Service, Inc. as of September 25th, 2025 at 12:45am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.