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1027 E 22Nd St, Los Angeles, CA 90011
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1027 E 22Nd St Los Angeles, CA 90011

$949,000
  • 5 Beds
  • 5 Baths
  • 3,286 Sq.Ft.
For Sale
$949,000 Get Pre-Qualified
Map preview of 1027 E 22Nd St, Los Angeles, CA 90011

Property Overview: 1027 E 22Nd St Los Angeles, CA has 5 bedrooms, 5 bathrooms, 3,286 living square feet and 5,998 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Terrific opportunity for investors in a prime location. 2-story building centrally located in Los Angeles with 5 spacious units and gated ample parking. All units are currently occupied with tremendous upside in rents. Well maintained by current owner and lots of upside potential. This is a great low-maintenance investing opportunity. Property Assessor records show 5 bedrooms/4 baths, however there are 5 bedrooms and 5 baths. 5 total units, each unit 1/1.

Listed by Arthur Aragon | BRE #01859617 | PREMIER CAPITAL INVESTMENTS
Last checked: 10 minutes ago | Last updated: April 7th, 2024 | Source CRMLS | DOM: 425
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Home details

Lot Sq. Ft
5,998
HOA Dues
$0/mo
Year built
1926
Garage
--
Property Type:
Mixed Use
Status
Active
MLS#
CV23029444
City
Los Angeles
County
Los Angeles
Time on Site
430 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 1
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 5
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $689
  • Total Rent: $950
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $950
  • Total Rent: $950
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $645
  • Total Rent: $645
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $577
  • Total Rent: $577
  • Pro Forma/Market Rent: $1,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Trash: $0
  • Insurance: $0
  • Professional Management: $0

Open Houses for 1027 E 22Nd St

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Property Details for 1027 E 22Nd St

Interior Features
Laundry Information
  • Has Laundry
  • Common Area
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 5
  • Parcel Number: 5131013012
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: E 22nd St and S Central Ave
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights, Urban
View more facts & features

Local Los Angeles Agent

Sale History for 1027 E 22Nd St

Last sold on February 23rd, 1994

  • February, 2023

  • Feb 20, 2023

    Date

    Active

    CRMLS: CV23029444

    $949,000

    Price

  • October, 2022

  • Oct 17, 2022

    Date

    Expired

    CRMLS: CV22077425

    $899,000

    Price

  • Apr 20, 2022

    Date

    Active

    CRMLS: CV22077425

    $1,100,000

    Price

  • Listing provided courtesy of CRMLS

  • April, 2022

  • Apr 17, 2022

    Date

    Coming Soon

    CRMLS: CV22077466

    $1,100,000

    Price

  • Listing provided courtesy of CRMLS

    Terrific opportunity for investors in a prime location. 2-story building centrally located in Los Angeles with 5 spacious units and gated ample parking. All units are currently occupied with tremendous upside in rents. Well maintained by current owner and lots of upside potential. This is a great low-maintenance investing opportunity. ***Property Assessor records show 5 bedrooms/4 baths, however there are 5 bedrooms and 5 baths. 5 total units, each unit 1/1***

  • February, 1994

  • Feb 23, 1994

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1027 E 22Nd St

Assessed Value (2020): $546,009
Year Land Value Improved Value Assessed Value
2020 $195,002 $351,007 $546,009

Home Value Compared to the Market

This property vs the competition

1027 E 22Nd St is listed 24.02% lower than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $772 and this home is listed at $288.8 per/sqft which puts the price per square foot 62.59% lower than the median price per square foot for the city of Los Angeles.

About 1027 E 22Nd St

Detailed summary of property

1027 E 22Nd St is a mixed use located in Los Angeles, CA 90011 and is currently for sale. This mixed use property offers 5 bedrooms, 5 bathrooms, roughly 3,286 living square feet, and sits on an approximately 5,998 square foot lot. 1027 E 22Nd St was first listed on ArdentRealEstateGroup.com on February 21, 2023. The homeowner is currently asking $949,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $772. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 24.02% lower than the median priced home. Local competing homes currently for sale include 1300 W 57th St, 2120 Sheridan St and 3507 E 7th St. While the average home in Los Angeles, CA is selling in 97 days, 1027 E 22Nd St has a days on market of 425 days. There are currently 3429 homes for sale in the Los Angeles real estate market and 2324 of them are single family homes while 1008 of them are condos and 91 are townhomes. For more information on this home for sale at 1027 E 22Nd St Los Angeles, CA 90011 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1027 E 22Nd St

Public county record property details
Beds
5
Baths
4
Year built
1926
Sq. Ft.
3,286
Lot Size
5,997
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
16
APN
5131-013-012

The source for these homes facts are from public records.

90011 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$619,900
Median List Price/Sq.Ft.
$470
Median Sold Price
$543,077
Median Sold Price/Sq.Ft.
$393
Total Inventory
39
Median Sale to List Price %
94.45%
Avg Days on Market
18
Loan Type
Conventional (40%), FHA (0%), VA (0%), Cash (40%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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