1439 E 22nd Street, Los Angeles, California 90011, Los Angeles, 90011 - bed, bath
ACTIVE$789,000$2,259/sqft
1439 E 22nd Street, Los Angeles, California 90011
0Bed
0Bath
2,259Sqft
5,684Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Immediate Income Generation: This fully occupied duplex with existing lease agreements provides instant rental income, making it an attractive asset for investors seeking immediate cash flow.
Top Cons:
Advanced Age of Property: Built in 1923, the property is likely to have aging infrastructure (plumbing, electrical, HVAC) that may require substantial capital expenditure for updates and ongoing maintenance.
Compared to the nearby listings
Compared against 0 nearby listings
More Insights
Built in 1923 (103 years old).
Condition: Built in 1923, this property is over 100 years old with no indication of recent major renovations. The limited interior images reveal dated bathrooms with basic fixtures and finishes, and the overall aesthetic is far from modern. The listing explicitly states 'Do not disturb tenants. Drive-by only,' preventing a thorough interior assessment, but the property's age and the visible wear suggest significant deferred maintenance and aging infrastructure (plumbing, electrical, HVAC) are highly probable, requiring substantial repairs and rehabilitation to meet current standards. The property's own analysis highlights 'Advanced Age' and 'Unknown Interior Condition' as weaknesses, reinforcing the need for major updates.
Year Built
1923
Close
-
List price
$789K
Original List price
$799K
Price/Sqft
$349
HOA
-
Days on market
-
Sold On
-
MLS number
PW25038940
Home ConditionPoor
Features
Good View:
View-
About this home
Discover an excellent investment opportunity! Attention first-time investors and seasoned landlords! This fully occupied duplex offers a fantastic opportunity to start or expand your rental portfolio. With 6 bedrooms, 3 bathrooms, and 2,259 sqft of living space, this property provides immediate rental income with two tenants already under lease agreements. Conveniently located in Los Angeles 90011, close to major freeways like the 10 & 110 Freeway, schools like USC, Mt. St Mary's University, and convenient accessibility to Metro public transit. This property offers long-term investment potential in a high-demand rental market. Do not disturb tenants. Drive-by only—contact the listing agent for details.
T
Tony Hong
Listing Agent
Nearby schools
5/10
Twentieth Street Elementary School
Public,•K-5•0.2mi
4/10
Nevin Avenue Elementary School
Public,•K-5•0.6mi
3/10
Twenty-Eighth Street Elementary School
Public,•K-5•0.7mi
4/10
Quincy Jones Elementary School
Public,•K-5•0.8mi
3/10
Wadsworth Avenue Elementary School
Public,•K-5•0.9mi
2/10
Harmony Elementary School
Public,•K-5•1.0mi
4/10
Ascot Avenue Elementary School
Public,•K-5•1.2mi
3/10
Sally Ride Elementary: A Smart Academy
Public,•K-5•1.3mi
2/10
Forty-Ninth Street Elementary School
Public,•K-5•1.6mi
2/10
Hooper Avenue Elementary School
Public,•1-5•1.7mi
2/10
Holmes Avenue Elementary School
Public,•K-6•1.8mi
2/10
Aurora Elementary School
Public,•K-5•1.8mi
5/10
Lillian Street Elementary School
Public,•K-6•2.3mi
5/10
Estrella Elementary School
Public,•K-5•2.4mi
5/10
Pacific Boulevard School
Public,•K-5•2.5mi
2/10
Dr. Julian Nava Learning Academies-School Of Business And Technology
Public,•6-8•0.3mi
3/10
George Washington Carver Middle School
Public,•6-8•1.3mi
6/10
Vernon City Elementary School
Public,•K-7•1.5mi
3/10
Los Angeles Academy Middle
Public,•6-8•2.1mi
3/10
Thomas A. Edison Middle School
Public,•6-8•2.6mi
3/10
Henry T. Gage Middle School
Public,•6-8•3.2mi
3/10
Nava College Preparatory Academy
Public,•9-12•0.7mi
2/10
Thomas Jefferson Senior High School
Public,•9-12•0.7mi
5/10
Santee Education Complex
Public,•9-12•1.0mi
5/10
Felicitas And Gonzalo Mendez High
Public,•9-12•2.4mi
5/10
STEM Academy of Boyle Heights HS
Public,•9-12•2.6mi
4/10
Huntington Park Senior High School
Public,•9-12•2.9mi
3/10
John C. Fremont Senior High School
Public,•9-12•3.6mi
Price History
Date
Event
Price
01/29/14
Sold
$355,000
Condition Rating
Poor
Built in 1923, this property is over 100 years old with no indication of recent major renovations. The limited interior images reveal dated bathrooms with basic fixtures and finishes, and the overall aesthetic is far from modern. The listing explicitly states 'Do not disturb tenants. Drive-by only,' preventing a thorough interior assessment, but the property's age and the visible wear suggest significant deferred maintenance and aging infrastructure (plumbing, electrical, HVAC) are highly probable, requiring substantial repairs and rehabilitation to meet current standards. The property's own analysis highlights 'Advanced Age' and 'Unknown Interior Condition' as weaknesses, reinforcing the need for major updates.
Pros & Cons
Pros
Immediate Income Generation: This fully occupied duplex with existing lease agreements provides instant rental income, making it an attractive asset for investors seeking immediate cash flow.
Strategic Urban Location: Conveniently located in Los Angeles 90011, with excellent accessibility to major freeways (10 & 110), prominent universities (USC, Mt. St Mary's), and public transit, ensuring high tenant demand.
Strong Investment Potential: Marketed as an excellent opportunity in a high-demand rental market, offering long-term investment potential and portfolio expansion for both first-time and seasoned landlords.
Duplex Configuration: As a duplex with a total of 6 bedrooms and 3 bathrooms across 2,259 sqft, it offers two separate income streams, enhancing rental yield and investment stability.
Historical Appreciation: The property has demonstrated significant value appreciation since its last sale in 2014, indicating a robust asset in a growing market.
Cons
Advanced Age of Property: Built in 1923, the property is likely to have aging infrastructure (plumbing, electrical, HVAC) that may require substantial capital expenditure for updates and ongoing maintenance.
Limited Buyer Access: The 'Do not disturb tenants. Drive-by only' restriction severely limits a buyer's ability to conduct thorough interior inspections and due diligence, creating uncertainty about the property's condition.
Unknown Interior Condition: Without interior access, the current state of the units, including potential deferred maintenance, necessary renovations, or tenant-related wear and tear, remains speculative, posing a risk to potential buyers.