1545 W 22nd Pl, Los Angeles, CA 90007

1545 W 22nd Pl, Los Angeles, CA 90007

Los Angeles, CA
$849,000

Property Description

DELIVERED WITH ONE UNIT VACANT AT CLOSE OF ESCROW. This 4-unit value-add asset is located within walking distance to USC and just minutes from the 10 Freeway, offering investors a strong rental location with long-term upside. The property is currently operating at a 5.67% cap rate and 12.12 GRM, with approximately 52% upside in rents. With one unit delivered vacant, a new owner has the opportunity to immediately renovate, lease at market, and begin capturing upside from day one. With a motivated seller, strong location fundamentals, and clear rental upside, this building is ready for a new owner to step in and take advantage of the long-term value-add opportunity.

Property Features

  • Sale Price: $849,000
  • Area Size: 3,168 sq ft
  • Year Built: 1913
  • Units: 4

Lyon Stahl Investment Real Estate

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