Description
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 ($155,556) and price per square foot ($218). 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.
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23BEDS
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0.56ACRES
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0BATHS
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01/2 BATHS
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12,816SQFT
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$218$/SQFT
School Ratings & Info
Description
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 ($155,556) and price per square foot ($218). 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.
Related Properties
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-07T15:30:11.567. 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 deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.
