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$1,350,000
 $7,247 est/mo Sourced by Back At You

1420 W 22nd Street,Los Angeles, CA 90007

Los Angeles, CA 90007

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Description

Welcome to 1420-1422 W. 22nd Street, a turnkey student housing investment located within the USC DPS Patrol Zone, just minutes from the University of Southern California (USC). The property consists of a substantially renovated front residence and a newly constructed rear ADU, offering a total of 10 bedrooms, 7 bathrooms, 6 on-site parking spaces, and a strong 7.61% cap rate. The front residence at 1420 W. 22nd Street has undergone extensive permitted improvements, including updated plumbing, electrical systems, and fully permitted bathroom renovations, and is configured as a 5-bedroom, 4-bathroom residence. Complementing the property is the newly constructed rear residence at 1422 W. 22nd Street, completed in 2024 and thoughtfully designed as a 5-bedroom, 3-bathroom ADU featuring modern construction, high-quality finishes, and minimal future capital expenditure. The entire exterior was also upgraded in 2024 with new hardscape and paving, creating an attractive, low-maintenance environment that enhances both curb appeal and tenant appeal. The property's efficient layout, modern improvements, and proximity to USC make it well suited for rent-by-the-room student housing, offering immediate cash flow in one of Los Angeles' strongest rental markets. Conveniently located near USC, USC Village, Exposition Park, and the Metro E Line, the property benefits from exceptional student housing demand driven by its walkable location and close proximity to campus. Buyer to verify all permits, square footage, and property information to their own satisfaction.

Details

MLS #26858661
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1901
Days On Site74
Listing Provided ByKeller Williams Beverly Hills | Adam Shamooelian

Features

Bed(s)10
Bath(s)7
SQ Feet2,443
Story(s)1
Units2
Building(s)2
ZoningLARD2
Acreage0.14

Area Information

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90007
AreaC16 Mid Los Angeles
Listing VS Median (in 90007)
Price:
$1,350,000
low | high
Med:
$750,000
94.444444444444% of Average
sqft:
2,443
low | high
Med:
2,683
40.176013098649% of Average
$ / sqft:
$553
low | high
Med:
$280
99.414005880648% of Average
On site:
74
low | high
Med:
371
19.946091644205% of Average
Sourced by Back At You

Market Activity 90007

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Desert Lifestyle Properties

Desert Lifestyle Properties

 (760) 818-7518info@desertlifestyleproperties.com
StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90007
AreaC16 Mid Los Angeles
Listing VS Median (in 90007)
Price:
$1,350,000
low | high
Med:
$750,000
94.444444444444% of Average
sqft:
2,443
low | high
Med:
2,683
40.176013098649% of Average
$ / sqft:
$553
low | high
Med:
$280
99.414005880648% of Average
On site:
74
low | high
Med:
371
19.946091644205% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.12M - $1.687M
sqft: 1,500 - 3,000
Nearby Listings Property ImageNearby Listings Details
1452 W 22nd Property Photo 1
$1,379,000
1452 W 22nd
Los Angeles, CA 90007
Listing Updated: August 21, 2026 at 11:56:46 PM PDT
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