1420 W 22nd Street, Los Angeles, California 90007, Los Angeles, 90007 - bed, bath
1420 W 22nd Street
Los Angeles, California 90007
Property Price
SUMMARY
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1420 W 22nd Street Subject | $1,500,000* List Price | 2,443 | $611 | - | ||
A 1168 W 35th Street Sold | $1,245,000 | 7 | 6 | 2,204 | $565 | 0.9 mi |
B 2641 S Catalina Street Active | $1,399,900 List Price | 7 | 4 | 2,016 | $694 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property qualifies as excellent due to the combination of a brand-new 2024 ADU and a main residence that underwent significant electrical and plumbing renovations in 2020. The inclusion of paid-off solar panels, a newly paved 2024 driveway, and turnkey, fully furnished interiors indicates that all major systems and cosmetic components are new or virtually new, meeting modern standards with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Investment Yield
The property boasts an impressive CAP rate of nearly 8% with positive cash flow, a rare find in the competitive Los Angeles rental market.
- Dual-Unit Income Potential
Features a 5-bedroom main residence and a newly built 2024 permitted 5-bedroom ADU, maximizing density and rental revenue with a total of 10 bedrooms.
- Modern Infrastructure & Solar
Equipped with updated 2020 electrical and plumbing systems and paid-off solar panels, significantly reducing long-term maintenance and utility overhead.
CONSRISKS & DEFICIENCIES
- Vintage Main Structure
The primary residence dates back to 1901, which may necessitate more frequent structural maintenance compared to modern builds despite recent system updates.
- High-Intensity Use
Operating as a high-occupancy student rental typically results in higher wear and tear and more frequent tenant turnover than traditional single-family leases.
- Limited School Appeal
Local public school ratings are generally low, which may restrict the property's future resale appeal to investors rather than owner-occupant families.
About 1420 W 22nd Street
// PRICE IMPROVEMENT // Almost 8% CAP RATE with POSIVITE CASH FLOW!!! A prime investment opportunity in the heart of the USC rental market, this fully furnished property features a 5-bedroom, 4-bathroom single-family residence with updated electrical and plumbing systems in 2020 and a permitted 5-bedroom, 3-bathroom ADU, newly built in 2024 with paid off solar. Both units are fully furnished and leased to USC students. Designed for maximum efficiency, the property includes separate electric meters, tenants are responsible for LADWP, SoCal gas, internet, trash and sewer. The paid-off solar panels further enhance cost savings, making this an even more attractive investment. A 2024 paved driveway offers six parking spaces, a rare and valuable feature in this high-demand area. Located just minutes from USC, with easy access to shopping, dining, and major freeways, this turnkey rental offers amazing cap rate with room for increased returns. Don’t miss this rare opportunity to own a high-yield investment in one of Los Angeles’ strongest rental markets.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1901
- Lot Size
- 5,893 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Vermont Avenue Elementary School
Grades K-5 • 0.4 mi
Norwood Street Elementary School
Grades K-5 • 0.6 mi
John W. Mack Elementary School
Grades K-5 • 0.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | 3.0 | 13% |
| Baths | - | 2.0 | 13% |
| Square foot | 2,443 | 1,260 | 88% |
| Lot Size | 5,893 | 3,550.5 | 75% |
| Price | $1.50M | $785.8K | 88% |
| Price per sq ft | $614 | $564 | 75% |
| Built year | 1901 | 1902 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 218 | 208 | 63% |
Pricing History
Listed for Sale
Sep 17, 2025
$1,500,000
$1,600,000
-6% Price Drop
Initial Listing
Price Change
Jul 31, 2025
$1,600,000
Initial Listing
Sold
Dec 30, 2019
$700,000
Public Record