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$949,000   Price Analysis
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1027 E 22nd St
Los Angeles, CA 90011
5 bed 5 bath 3,286 SqFt ($288/SqFt)
5,998SqFt lot. Built 1926
Listed 2023-02-21, Taxes $7,425
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

Terrific opportunity for investors in a prime location.

2-story building centrally located in Los Angeles with 5 vast units and gated ample parking. All units ar currently occupied with treme ndous upside in rents. Well maintained by current owner and lots of upside potential.

This is a tremendous 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.


Presented by Arthur Aragon at
Premier Capital Investments.


Property MLS #CV23029444 from CRMLS

Bedrooms: 5

Laundry Features: Common Area

Full Bathrooms: 5

Lot Description: 0-1 Unit/Acre
Lot Size Acres: 0.1376951
Lot Size Source: Assessor
Lot Size Square Feet: 5998

Number of Units: 5
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Bedrooms in Unit-5: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Total Bathrooms in Unit-5: 1

Calculated Total Monthly Association Fees: 0

Rent Control: Yes

Community Features: Curbs, Sidewalks, Street Lights, Urban

Source Listing Status: Active
County: Los Angeles
Source Property Type: Residential Income
Area: C37 - Metropolitan South
Source Neighborhood: C37 - Metropolitan South
Number of Separate Electric Meters: 5
Number of Separate Gas Meters: 5
Number of Separate Water Meters: 5
Parcel Number: 5131013012
Postal Code Plus 4: 1212
Zoning: LAR2
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$361,735 + $200,962
$562,697
$7,425
2021$354,643 + $197,022
$551,665
$7,325
2020$351,007 + $195,002
$546,009
$7,390
2019$344,125 + $191,179
$535,304
$7,124
2018$337,378 + $187,431
$524,809
$7,029
2017$330,763 + $183,756
$514,519
$6,841
2016$324,278 + $180,153
$504,431
$6,665
2015$319,408 + $177,447
$496,855
$6,576
2014$313,152 + $173,972
$487,124
$6,619
2013$311,737 + $173,186
$484,923
$6,610
2012$305,625 + $169,791
$475,416
$6,694
2010$299,633 + $166,462
$466,095
$6,270
2009$298,101 + $165,611
$463,712
$6,045
2009$297,394 + $165,218
$462,612
$6,045
2008$292,256 + $162,364
$454,620
$5,796
2007$286,526 + $159,181
$445,707
$5,598

Listed 2023-02-21
$949,000
CRMLS
Listing removed 2022-10-17
$0
CRMLS
Price Changed 2022-06-07
$899,000
CRMLS
Price Changed 2022-05-13
$950,000
CRMLS
Price Changed 2022-05-06
$999,999
CRMLS
Listing removed 2022-04-22
$0
CRMLS
Listed 2022-04-21
$1,100,000
CRMLS
Listed 2022-04-17
$1,100,000
CRMLS

Total Square Feet Living: 3286
Year Built: 1926
Building Features: 1
Common Walls: 1 Common Wall
Property Age: 98
Property Attached: Yes
Building Total Stories: 2
Structure Type: Commercial/Residential
Year Built Source: Assessor

Sewer: Sewer: Public Sewer
Water Source: Public

San Pedro Street Elementary School is a public elementary school located approximately 0.4 miles away.
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John Adams Middle School is a public middle school located approximately 1 miles away.
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Nava College Preparatory Academy is a public high school located approximately 1 miles away.
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St. Turibius Elementary School is a private elementary and middle school located approximately 0.5 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.