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1973 W 22nd Street

Los Angeles (City), CA 90018
  • $2,800,000
  • STATUS: Active
  • ON SITE: 255 Days
  • ID#: 25555119
UPDATED: 30 min ago
$2,800,000
  • 23
    BEDS
  • 0.56
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 12,816
    SQFT
  • $218
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1964
County:

School Ratings & Info

Listing Agent(s): William James of Lyon Stahl Investment Real Estate, Inc. (310-425-9838) and Peter James of Lyon Stahl Investment Real Estate, Inc.(310-425-9838)


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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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.
www.bestsocalhomesearch.com/homes/165217486
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1973 W 22nd Street Los Angeles (City), CA 90018

  • Price: $2,800,000
  • Status: Active
  • On Site: 255 Days
  • Updated: 30 min ago
  • ID#: 25555119
23
Beds
0
Baths
0
½ Baths
0.56
Acres
12,816
SQFT
$218
$/SQFT
1964
Built
Neighborhood:
C16 - Mid Los Angeles
County:
Los Angeles
Area:
C16 - Mid Los Angeles
Property 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.
Exterior Features

Architectural Style Mid-Century Modern Construction Materials Stucco Direction Faces South Open Parking Spaces 28 Parking Features AssignedUncovered Parking Total 28 Patio And Porch Features None Pool Features None Pool Private YN No Property Attached YN Yes Roof CompositionShingle Spa Features None Spa YN No View City Lights View YN Yes

Interior Features

Appliances DisposalRefrigerator Common Walls 1 Common Wall Cooling Wall/Window Unit(s) Cooling YN Yes Fireplace Features None Fireplace YN No Heating Wall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Association YN No Cap Rate 5.76 Community Features Gated Garage YN No Gross Income 261522 Land Lease YN No Laundry Features Common Area Levels Multi/Split Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 161371 New Construction YN No Rent Control YN Yes Security Features Carbon Monoxide Detector(s)Security GateGated CommunityResident ManagerSmoke Detector(s)Window Bars Senior Community YN No Sewer Other Special Listing Conditions Standard Tenant Pays ElectricityGas Vacancy Allowance 8063 Vacancy Allowance Rate 3 Zoning LAR3



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.
 
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Realty ONE Group Empire
13330 Ranchero Rd. Ste 12
Oak Hills CA, 92344
Listing Agent(s): William James of Lyon Stahl Investment Real Estate, Inc. (310-425-9838) and Peter James of Lyon Stahl Investment Real Estate, Inc.(310-425-9838)