Listing provided courtesy of Boris Almengor of Lyon Stahl Investment Real Est. Last updated 2026-11-05 09:10:57.000000. Listing information © 2026 CRMLS.
Asking Price: $799,000
1543 22nd, Los Angeles CA 90007
Community: C16 - Mid Los Angeles
Status: Active
This Apartment property was built in 1913 and is priced at $799,000. Please see the additional details below.
DELIVERED WITH ONE UNIT VACANT AT CLOSE OF ESCROW. Just under $5,850 monthly rental income. This 4-unit value-add asset is located within walking distance to USC and just minutes from the 10 Freeway, offering investors a strong rental location with long-term upside.
The property is currently operating at a 6.10% cap rate and 11.40 GRM, with approximately 52% upside in rents. With one unit delivered vacant, a new owner has the opportunity to immediately renovate, lease at market, and begin capturing upside from day one.
With a motivated seller, strong location fundamentals, and clear rental upside, this building is ready for a new owner to step in and take advantage of the long-term value-add opportunity.
