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$1,500,000
1420 W 22nd St., Los Angeles, CA 90007
10Beds
7Baths
423Days Listed
Listed by Julie Tung, Real Broker | 626-340-3606
About This Property
// PRICE IMPROVEMENT // Almost 8% CAP RATE with POSIVITE CASH FLOW!!! A prime investment opportunity in the heart of the USC rental market, this fully furnished property features a 5-bedroom, 4-bathroom single-family residence with updated electrical and plumbing systems in 2020 and a permitted 5-bedroom, 3-bathroom ADU, newly built in 2024 with paid off solar. Both units are fully furnished and leased to USC students. Designed for maximum efficiency, the property includes separate electric meters, tenants are responsible for LADWP, SoCal gas, internet, trash and sewer. The paid-off solar panels further enhance cost savings, making this an even more attractive investment. A 2024 paved driveway offers six parking spaces, a rare and valuable feature in this high-demand area. Located just minutes from USC, with easy access to shopping, dining, and major freeways, this turnkey rental offers amazing cap rate with room for increased returns. Dont miss this rare opportunity to own a high-yield investment in one of Los Angeles strongest rental markets.
Property Details
- Property Type
- Res Income 2-4 Units
- Bedrooms
- 10
- Bathrooms
- 7
- Building Area
- 0 Sqft
- Living Area
- 0 sqft
- Year Built
- 0
- Status
- Active
- Days on Market
- 423
- Cumulative Days on Market
- 203
- Original Price
- $1,600,000
Location & Neighborhood
What's nearby 1420 W 22nd St., Los Angeles, CA 90007
Nearby Schools
- West Adams Preparatory High School0.2 mi
secondary
- Saint Agnes Elementary School0.3 mi
elementary
- Vermont Elementary School0.4 mi
elementary
Parks & Recreation
- 0.4 mi
- 0.5 mi
Transit Access
- Vermont & 24th0.1 mi
Bus Stop
- Vermont & Adams0.2 mi
Bus Stop
- Adams & Vermont0.2 mi
Bus Stop
- Adams & Magnolia0.3 mi
Bus Stop
- Vermont & Washington0.3 mi
Bus Stop
Local Amenities
Dining
Grocery
- Ralphs0.3 mi
- J H Bazaar (Indian Grocery)0.5 mi
POI data updated 2/16/2026
Los Angeles Market Snapshot
2,654
Active Listings
$735K
Median Price
100
Avg Days on Market
Last updated: Feb 18, 2026
Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.
$1,500,000