1900 W 22nd Street

    Los Angeles (City), CA 90018
    • $1,575,000
    • STATUS: Active
    • ON SITE: 88 days
    • ID#: PW18199510
    UPDATED: 18 min ago
    $1,575,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,430
      SQFT
    • $290
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1964
    County:

    School Ratings & Info

    Description

    1900 West 22nd Street is an eight-unit apartment building in the Jefferson neighborhood of Los Angeles, California. This area is a solid rental market: 83 percent of housing units within one-mile are renter-occupied. Located conveniently near the 10 Freeway, the property+GGs location offers easy access to Downtown LA, University Park, and more.1900 West 22nd Street consists of one building that contains one two-bedroom/one-bath and seven one-bedroom/one-bath units that are separately metered for gas and electricity. The units boast indivdiual water heaters, and some units have been renovated with new flooring. The property also features copper plumbing, on-site laundry and eight tuck-under parking spaces. Because it is a 1964 construction, this building is subject to rent control.1900 West 22nd Street presents an excellent opportunity for an astute investor to add value and capture substantial potential upside in rents.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-13T11:28:25.277. 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. Licensed in the State of California, USA.
    www.fredsedgroup.com/homes/86608563

    1900 W 22nd Street Los Angeles (City), CA 90018

    • Price: $1,575,000
    • Status: Active
    • Updated: 18 min ago
    • ID#: PW18199510
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    5,430
    SQFT
    $290
    $/SQFT
    1964
    Built
    Neighborhood:
    C16 - Mid Los Angeles
    County:
    Los Angeles
    Area:
    C16 - Mid Los Angeles
    Property Description
    1900 West 22nd Street is an eight-unit apartment building in the Jefferson neighborhood of Los Angeles, California. This area is a solid rental market: 83 percent of housing units within one-mile are renter-occupied. Located conveniently near the 10 Freeway, the property+GGs location offers easy access to Downtown LA, University Park, and more.1900 West 22nd Street consists of one building that contains one two-bedroom/one-bath and seven one-bedroom/one-bath units that are separately metered for gas and electricity. The units boast indivdiual water heaters, and some units have been renovated with new flooring. The property also features copper plumbing, on-site laundry and eight tuck-under parking spaces. Because it is a 1964 construction, this building is subject to rent control.1900 West 22nd Street presents an excellent opportunity for an astute investor to add value and capture substantial potential upside in rents.
    Exterior Features

    Garage Spaces 0.00 Lot Features Lot Shape-Rectangular Lot Size Source Assessor Lot Size Units Square Feet Parking Total 0.00 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Laundry Features Community

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features Urban Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 0.00 Gross Scheduled Income 114583.00 Insurance Expense 0.00 Land Lease YN No Laundry YN Yes Net Operating Income 64941.00 New Construction YN No New Taxes Expense 0.00 Number Of Separate Electric Meters 8 Number Of Separate Gas Meters 8 Number Of Separate Water Meters 0 Operating Expense 46204.00 Professional Management Expense 0.00 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 46204.00 Trash Expense 0.00 Water Sewer Expense 0.00 Water Source Public Year Built Source Assessor Zoning Lar3

    Listing provided courtesy of Steven Bogoyevac of Steven M. Bogoyevac, Broker and David O'keefe of Marcus & Millichap.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-13T11:28:25.277. 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. Licensed in the State of California, USA.
     
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