1514 E 22nd ST, Los Angeles, CA 90011 - MLS#DW24238017

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Mindy Luong

[email protected] +1(714) 467-6200

$1,895,000

Est. payment - /mo

5,667 Sqft Lot

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UPDATED:

12/05/2024 02:17 AM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW24238017

Construction Status Turnkey

HOA Y/N No

Year Built 2024

Lot Size 5,667 Sqft

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!

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Zoning LAR2

Rooms

Other Rooms Guest House Attached, Two On A Lot

Interior

Interior Features Balcony, Quartz Counters, Recessed Lighting, Primary Suite

Heating Central

Cooling Central Air

Flooring Laminate

Fireplaces Type Dining Room

Fireplace Yes

Laundry Laundry Room

Exterior

Exterior Feature Rain Gutters

Garage Spaces 2.0

Garage Description 2.0

Fence Security, Wrought Iron

Pool None

Community Features Sidewalks

Total Parking Spaces 6

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Modern

Level or Stories Two

Additional Building Guest House Attached, Two On A Lot

New Construction Yes

Construction Status Turnkey

Others

Senior Community No

Tax ID 5118005017

Acceptable Financing Cash to New Loan, Conventional, Contract, 1031 Exchange, Submit

Listing Terms Cash to New Loan, Conventional, Contract, 1031 Exchange, Submit

Special Listing Condition Standard

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Listed by Daniel Terrazas • VIP Real Estate Firm • 310-730-9489

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Mindy Luong

+1(714) 467-6200

Broker | License ID: 01335837

Broker License ID: 01335837

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