1543 22nd Place, Los Angeles, CA 90007
Local realty services provided by:CENTURY 21 Masters
1543 22nd Place,Los Angeles, CA 90007
$849,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: boris almengor
Office: lyon stahl investment real est
MLS#:PW26081006
Source:MLSListings
Price summary
- Price:$849,000
About this home
1543 W 22nd Pl presents an opportunity to acquire a 4-unit value-add asset in a strong Central Los Angeles rental pocket near USC and Exposition Park. Offered at $849,000, or approximately $212,250 per unit, the property features attractive in-place income with meaningful upside through repositioning to market rents. Based on the offering figures provided, the asset is currently operating at a 4.78% cap rate and 13.16 GRM, with upside to a 9.41% pro forma cap rate and 8.09 pro forma GRM. The property is well located near USC’s University Park Campus and Exposition Park, one of Los Angeles’ most active cultural and entertainment hubs. Exposition Park is home to BMO Stadium, the California Science Center, the Natural History Museum, and the California African American Museum, creating long-term demand drivers tied to education, employment, recreation, and tourism. The location also benefits from access to the Metro E Line through Expo Park/USC Station, connecting tenants to Downtown Los Angeles, Santa Monica, and the broader Metro system. In addition to its immediate fundamentals, the property stands to benefit from continued investment in the surrounding area. Exposition Park is also the future home of the Lucas Museum of Narrative Art, scheduled to open in 2026, adding anot...
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Home facts
- Year built:1913
- Listing ID #:PW26081006
- Added:146 day(s) ago
- Updated:September 15, 2026 at 04:17 PM
Structure and exterior
- Year built:1913
- Lot area:0.1 Acres
Utilities
- Water:District - Public
Finances and disclosures
- Price:$849,000
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