1276 W 22nd St - Apartments FOR SALE


Los Angeles, CA 90007- West Adams
$1,290,000 USD
858-755-0075
1276 W 22nd St, Los Angeles, CA for Sale
$1,290,000 USD
Apartments - FOR SALE
1/15
null | 4.65% Cap Rate

1276 W 22nd St
Los Angeles, CA 90007
West Adams


HIGHLIGHTS

  • Newer Mini Split AC/Heating Units
  • Newer Double Pane Windows
  • Convenient location to USC

OVERVIEW

Positioned in the heart of Los Angeles’ University Park district, 1276 W 22nd Street presents a rare opportunity to acquire a large 4-unit multifamily property offering 3,700 square feet of living area and strong long-term growth potential. Originally built in 1905, this charming historic structure blends architectural character with modernized improvements, including recently replaced mini-split air conditioning systems that reduce maintenance costs and improve tenant appeal. Each unit enjoys functional layouts, and the property includes a dedicated laundry room with washer and dryer, plus six on-site parking spaces, a valuable commodity in this high-demand urban corridor. The location is a true driver of sustained rental performance. Situated just minutes from the University of Southern California (USC) which is home to over 40,000 students and steps from Exposition Park, the Natural History Museum, and the LA Memorial Coliseum, this property benefits from constant housing demand from students, faculty, and working professionals. The Expo Line light-rail station is within close distance, connecting residents directly to Downtown LA and Santa Monica, while the nearby I-10 Freeway provides fast access across the city. For investors, this property represents an excellent opportunity to stabilize, reposition, or hold for steady cashflow in one of Los Angeles’ most supply-constrained rental markets. With strong underlying land value, historic charm, and transit-oriented proximity to major employment and education hubs, 1276 W 22nd Street offers both immediate income potential and long-term upside in a neighborhood poised for continued growth.

FOR SALE DETAILS

PRICE

$1,290,000 USD

PRICE/SF

$349 USD /SF

# OF UNITS

4

PRICE/UNIT

$322,500

CAP RATE

4.65%

% LEASED

75%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1905

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

RD2

APN/PARCEL ID

5055-019-018

ASK ABOUT THIS PROPERTY

Andrew TsengColdwell BankerMore Info
858-755-0075

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Andrew TsengColdwell BankerMore Info
858-755-0075

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.