Los Angeles, CA 90007 1276 W 22nd Street
$1,698,000
17 more
Presented By: Kent Tsen with Homequest Real Estate; 909-802-0082
Beds • 8
Baths • 6
SQFT • 3,700
Home Details
Investors, how would you like immediate positive income of roughly $12,500 per month on day one. This is a rare opportunity to invest in a quadplex in a prime location. The property is just minutes from the University of Southern California (USC), which has an enrollment of over 40,000 students. It is also close to Exposition Park, a popular tourist attraction that hosts museums, gardens, and a rose garden. The property is within easy walking distance of the Expo Line light rail station, which provides convenient access to downtown Los Angeles and Santa Monica. In addition, the property has quick access to the 10 freeway, which provides a direct route to many popular destinations. The property is fully occupied, and tenants pay for all utilities. This is a great investment property in a desirable location.
Presented By: Kent Tsen with Homequest Real Estate; 909-802-0082
Interior Features for 1276 W 22nd Street
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Electric On Property Y/NNo
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringLaminate
Heating Y/NYes
Laundry FeaturesCommonArea, UpperLevel
Total Stories2
Other Rooms
Entry Level1
General for 1276 W 22nd Street
Additional Parcels Y/NNo
AppliancesGasRange, Dryer, Washer
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLos Angeles
Community FeaturesStormDrains, StreetLights, Sidewalks, Urban
CountyLos Angeles
Current FinancingNone
Days on Market53
Directions10 Fwy exit on Hoover, turn west on W. 22nd street.
ElectricStandard
Electric Expense4635.0
Entry Location1
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income121253.0
HOA0.0
HeatingWallFurnace
Home Owner AssocNo
Home Warranty Y/NNo
Insurance Expense2047.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet5862.0
Lot Size UnitsSquareFeet
MLS AreaC16 - Mid Los Angeles
MobileHomeRemainsYNNo
Net Operating Income104291.0
New ConstructionNo
Number of Units Leased4
NumberOfUnitsTotal4
Open Parking Spaces5.0
Operating Expense16962.0
Pool FeaturesNone
PossessionSeeRemarks
Private PoolNo
Property Sub Type AdditionalQuadruplex
Property SubTypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NYes
RoofAsphalt, Shingle
Security FeaturesCarbonMonoxideDetectors, SecurityGate, SmokeDetectors, WindowBars
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Tax Lot17
Tenant PaysAllUtilities
TermsCash, CashtoExistingLoan, CashtoNewLoan, Conventional, Submit
Total Actual Rent10437.0
Trash Expense0.0
UtilitiesCableAvailable, ElectricityConnected, NaturalGasConnected, PhoneConnected, SewerConnected, WaterConnected
View Y/NNo
Water Sewer Expense4280.0
Waterfront Y/NNo
Year Built1905
Year Built SourceAssessor
ZoningLARD2
Exterior for 1276 W 22nd Street
Building Area Total3700.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesFlagLot
Lot Size Acres0.1346
Lot Size Area5862.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters0
Number of Separate Gas Meters0
Number of Separate Water Meters0
Open Parking Y/NNo
Parking FeaturesOnSite, Paved, Private, OneSpace
Road Surface TypePaved
SpaNo
Total Parking5.0
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480