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1241 W 22Nd St, Los Angeles, CA 90007
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1241 W 22Nd St Los Angeles, CA 90007

$995,000 Sold Price as of 05/27/2022
  • 4 Beds
  • 0 Baths
  • 2,946 Sq.Ft.
Sold
$995,000 Sold Price as of 05/27/2022 Refinance Your Mortgage
Map preview of 1241 W 22Nd St, Los Angeles, CA 90007

Property Overview: 1241 W 22Nd St Los Angeles, CA has 4 bedrooms, -- bathrooms, 2,946 living square feet and 4,998 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Historic Los Angeles Apartment Building! Built in 1904 These Units have Stood the Test of Time. Wood Sided Panels, Upgraded Windows, Composition Shingle Roof. There are 4-2 Bedroom and 1 Bath Units with the Unique Feature of a Parlor/Living Room in Each. Good Size Kitchens and Bedrooms in All the Units. 2 Units have the Feature of A Balcony over the Front Porch. All Units have Front Entrances from the Porch and Individual Stairway Access from the Rear. One Unit will be Vacant at Closing and is Upgraded with a Newer HVAC. This particular location has seen a consistent improvement of surrounding properties adding Value to the Neighborhood. Additionally, This Building is Minutes from Staples Center, University of Southern California, The Historic Los Angeles Coliseum, The Natural History Museum, Dodger Stadium and more!

Listed by Fred Salas | BRE #00919895 | Century 21 Masters
Last checked: 5 minutes ago | Last updated: May 30th, 2022 | Source CRMLS | DOM: 8

Home details

Lot Sq. Ft
4,998
HOA Dues
$0/mo
Year built
1904
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
PW22059376
City
Los Angeles
County
Los Angeles
Time on Site
914 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,800
  • Total Rent: $1,800
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $858
  • Total Rent: $858
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $1,200
  • Pro Forma/Market Rent: $1,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $59,496
  • Net Operating Income: $52,732
  • Gross Operating Income: $59,496
Annual Expense Breakdown
  • Total Operating Expense: $6,764
  • Electric: $0
  • Gas/Fuel: $0
  • Licenses: $194
  • Trash: $600
  • Insurance: $427
  • Water/Sewer: $600
  • Other Expenses: $452
  • Other Expense Description: CA Fair

Property Details for 1241 W 22Nd St

Interior Features
Laundry Information
  • Has Laundry
  • Inside
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Parking Features: Off Street, Street
Lot Information
  • Lot Features: Back Yard, Lawn
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 5055019035
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Private
Location / Neighborhood
Location Information
  • Directions: North of Adams West of Hoover
Neighborhood Information
  • Community Features: Biking, Curbs
View more facts & features

Local Los Angeles Agent

Sale History for 1241 W 22Nd St

Last sold for $995,000 on May 27th, 2022

  • May, 2022

  • May 27, 2022

    Date

    Sold

    CRMLS: PW22059376

    $995,000

    Price

  • Mar 28, 2022

    Date

    Active

    CRMLS: PW22059376

    $995,000

    Price

  • March, 2022

  • Mar 14, 2022

    Date

    Canceled

    CRMLS: SB21222472

    $1,095,000

    Price

  • Listing provided courtesy of CRMLS

    Beautiful Fourplex located near USC and Downtown Los Angeles. 2 units have a bonus room and laundry hook ups and all units have front entry and rear exits to the grass area backyard. Each apartment has separate electrical & gas meters, as well as individual hot water heaters. Owner's unit comes with parking for 2 cars (tandem) and a deluxe central HVAC. Large demand for student housing plus huge growth within the downtown Los Angeles area could make this a great investment opportunity with future upside on rents (subject to LA City Rent Control).

  • February, 2000

  • Feb 29, 2000

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • February, 1999

  • Feb 25, 1999

    Date

    Sold (Public Records)

    Public Records

    $143,000

    Price

Show More

Tax History for 1241 W 22Nd St

Assessed Value (2020): $269,477
Year Land Value Improved Value Assessed Value
2020 $179,177 $90,300 $269,477

Home Value Compared to the Market

This property vs the competition

1241 W 22Nd St sold on May 27, 2022 for 11.16% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $337.75 per/sqft which puts the price per square foot 53.35% lower than the current median sale per square foot for the city of Los Angeles.

About 1241 W 22Nd St

Detailed summary of property

1241 W 22Nd St is a multi family that recently sold in Los Angeles, CA 90007. This multi family property offered 4 bedrooms, -- bathrooms, roughly 2,946 living square feet, and sits on an approximately 4,998 square foot lot. 1241 W 22Nd St was first listed on ArdentRealEstateGroup.com on March 28, 2022. The homeowner sold the property for $995,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 11.16% lower than the current median priced home. Local homes that are currently for sale include 2721 Raymond Ave, 1689 W 24th St and 1232 S Kenmore Ave. While the average home in Los Angeles, CA is selling in 106 days, 1241 W 22Nd St has a days on market of 8 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 1241 W 22Nd St Los Angeles, CA 90007 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1241 W 22Nd St

Public county record property details
Beds
4
Baths
4
Year built
1904
Sq. Ft.
2,946
Lot Size
4,998
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
7
APN
5055-019-035

The source for these homes facts are from public records.

90007 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,399,999
Median List Price/Sq.Ft.
$550
Median Sold Price
$1,025,000
Median Sold Price/Sq.Ft.
$777
Total Inventory
19
Median Sale to List Price %
100%
Avg Days on Market
0
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?

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(714) 706-1823

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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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