Est. cap rate

2.0%

Assumed rent, all units

$4,540/mo

Units

2

Price per unit

$689,500

Est. annual NOI

$27,240

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Duplex

Bedrooms

5

Bathrooms

3

Building size

1,991 sqft

Lot size

5,895 sqft

Year built

1912

Stories

1

Garage spaces

0

Heating

Central

Cooling

Central Air

Pool

None

View

None

Status

Active

Days on market

1

MLS #

244565057

About this property

Extensively renovated property offering a 4-bedroom, 2-bath front residence plus a detached 1-bedroom, 1-bath ADU, providing flexible living and investment potential. The front home underwent a complete renovation in 2024, featuring new vinyl flooring, fresh interior and exterior paint, remodeled kitchen with new cabinetry and appliances, updated bathrooms with new plumbing, recessed lighting, new light fixtures, new doors, new HVAC system with A/C, tankless water heater, whole-house water filtration system, reverse osmosis drinking water system, new roof, and updated windows. All kitchen appliances are included. The detached ADU features a full kitchen with refrigerator and stove, in-unit washer and dryer, new heating system, new roof, new windows, and private living space ideal for rental income, guests, or multigenerational living. The gated property also offers a widened and repaved driveway with parking for approximately 8–10 vehicles, an automatic security gate, four exterior solar-powered Ring cameras, and hardwired CCTV at the ADU. Energy-efficient improvements throughout, with approximately two years remaining on the HVAC warranty. Located in the University Park neighborhood near USC, the property is within the USC Patrol Zone and USC Lyft Zone, with convenient access to USC Village, Ralphs, BMO Stadium, the Los Angeles Memorial Coliseum, the Natural History Museum, Crypto.com Arena, LA Live, the I-10 and I-110 freeways, and numerous shopping, dining, and entertainment destinations. This unique property offers the flexibility to live in one residence while utilizing the second unit for rental income or extended living arrangements. Buyer to verify all permits, square footage, lot size, zoning, and intended use.

Location

1452 W 22nd

Los Angeles, Los Angeles, CA, 90007