$1,600,000
0.14 Acre Lot

1420 W 22nd Street, Los Angeles, California 90007

  • Residential Income Property Type
  • Driveway Cars Garage
  • 1901 Year Built
Property Description

Attention investors! 7+% CAP RATE!!! 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.

Basic Details
Residential Income
For Sale
TR25171507
$1,600,000
None
1901
0.14 Acre
Active
1
Single Family Residence
: Shingle
Features
: None
: Ductless
: Ductless
: Wire, Brick
: None
: Driveway
6.0
: Laminate
: Furnished
: Common Area
: Public Sewer
: Electricity Available, Sewer Available, Water Available, Natural Gas Available
$0
Appliances
: Gas Oven, Gas Range, Refrigerator, Water Heater, Range Hood, Tankless Water Heater
Address Map
CA
Los Angeles
Los Angeles
90007
22nd
1420
Street
S. Hoover St. and Vermont Ave.
C16 - Mid Los Angeles
W
LARD2
Additional Information
$0
$0
$0
$0
$0
2443
: Sidewalks
Standard
1
: One
: 2-5 Units/Acre
2
2025-07-31
1
1
: Public
Broker/Agent Information
Partner Real Estate
Julie Tung
Listing Information
TRTUNMAN
PB20590
Cash, Conventional
Active
2025-08-02T14:36:04Z
CRMLS
: Standard
2025-07-31T17:53:42Z
Agent info
Ray Millman
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Contact Agent
Contact Us
ray@millmanteam.com 310.375.1069