1 year on rocket

1421 W 22nd St, Los Angeles, CA, 90007

$1,047,500

Home List Price

$10,000*

Closing Credit

5 Bedrooms
4 Baths
2,189 SqFt
$479/SqFt
House
Schools Nearby

Location

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1421 W 22nd St, Los Angeles$1,047,500

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
Year Built2002
MLS #22218883
Lot Size0.14 Acres
StatusActive

About 1421 W 22nd St

We are pleased to offer the opportunity to acquire this two (2) building student housing portfolio on 1415 W. 22nd Street & 1421 W. 22nd Street, located in the DPS patrol zone, and close proximity to the University of Southern California (USC). The investment consists of two (2) contiguous 3-unit apartment buildings (6 units total), built recently in 2002. The properties feature a unit mix of one (1) 3 bedroom + 2 bathroom unit, as well as two (2) 1 bedroom + 1 bathroom units. The investment also allows the opportunity to further increase cash flow by adding Accessory Dwelling units (ADU's- Buyer to Verify) in the rear of the oversized 12,287 sqft lot. Given the location, attractive local area amenities, and opportunity to increase rental income, this investment presents an excellent opportunity for an investor to acquire a unique portfolio in the attractive USC submarket that will provide exponential returns with value add upside. Both properties are being sold contiguously (Total Price: $2,095,000).

Property Details

Property Features

Property Information:

  • Year Built: 2002
  • Stories: 2
  • Living Area: 2,189 SqFt

Listing Office:

  • Office Name: Keller Williams Beverly Hills
  • Office Phone: (310) 432-6400
  • Listing Agent: Adam Shamooelian

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 5

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

School Info

Assigned Schools Information:

  • West Adams Preparatory High School, Public District Grades 9-12
  • Foshay Learning Center, Public District Grades KG-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • John Adams Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • Vermont Avenue Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Point Fermin Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: 1415 W. 22nd Street, 90007 | 1421 W. 22nd Street, 90007

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,047,500
  • Price Per SqFt: $479/SqFt

Tax Information:

  • Annual Amount: $10,089
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$975.9K

Med. Price/SqFt

$628

Avg. Days On Market

34

# of Sold Homes

1403

1421 W 22nd St vs Los Angeles

530 DAYS ON ROCKET

+496 Days

$1,047,500

+$71.5K More

$479/SqFt

-$149 Less

KEY TAKEAWAY

This property is $71.5K more than the Median Sold Price and $149/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #22218883

Listing Office:

  • Office Name: Keller Williams Beverly Hills
  • Office Phone: (310) 432-6400
  • Listing Agent: Adam Shamooelian

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/30/2024, 7:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$10,089$820,232
2020$9,792$811,823
2019$5,556$795,906
2018$5,441$437,338
2017$5,441$428,763

History based on county public records data.

Payment Calculator

$5,296

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,207

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3582230
4
/10

  • Vermont Avenue Elementary School

  • 1435 W 27th St

  • 0.46 miles

  • Public District Grades KG-5

school-card-donut-3582231
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 4.60 miles

  • Public Magnet Grades KG-6

school-card-donut-3582232
6
/10

  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 22.25 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-3582233
6
/10

  • John Adams Middle School

  • 151 W 30th St

  • 1.44 miles

  • Public Magnet Grades 6-8

school-card-donut-3582234
4
/10

  • Studio

  • 2211 W Avenue 30

  • 5.62 miles

  • Public District Grades 6-8

High School

school-card-donut-3582235
2
/10

  • West Adams Preparatory High School

  • 1500 W Washington Blvd

  • 0.24 miles

  • Public District Grades 9-12

school-card-donut-3582236
5
/10

  • Foshay Learning Center

  • 3751 S Harvard Blvd

  • 1.51 miles

  • Public District Grades KG-12

school-card-donut-3582237
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 4.46 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,717. Residents of Los Angeles, CA typically earn less than $35k each year. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1421 W 22nd St

What is the listing price of this property?

The listing price of 1421 W 22nd St property is $1,047,500.

What type of property is this?

The property 1421 W 22nd St is a house located in Los Angeles, California, 90007.

Is this property for sale now?

Active Listing: 1421 W 22nd St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1421 W 22nd St are:
Vermont Avenue Elementary School: GreatSchools Rating 4/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Point Fermin Elementary School: GreatSchools Rating 6/10
John Adams Middle School: GreatSchools Rating 6/10
Studio: GreatSchools Rating 4/10
West Adams Preparatory High School: GreatSchools Rating 2/10
Foshay Learning Center: GreatSchools Rating 5/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $10,089 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1421 W 22nd St has 5 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 1421 W 22nd St is 2,189 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1421 W 22nd St is 2002.

Rocket Homes›California›Los Angeles County›Los Angeles›90007›1421 W 22nd St

This home is located at 1421 W 22nd St in Los Angeles, CA and zip code 90007 in the University Park neighborhood. This 2,189 square foot home, which was built in 2002, sits on a 0.14 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 17, 2022 and is currently priced at $1,047,500.

In March 2024 more than 628 listings in Los Angeles, CA were sold above the asking price. During the same period more than 196 listings were sold at asking price, while more than 579 were sold below. Between February 2024 and March 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 10.8%. In March 2024 median list price was $975,970 and the average listing age was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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