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We are pleased to present 1973-2015 W. 22nd Street, an 18-unit multifamily opportunity located in the heart of West Adams. The offering comprises two adjacent apartment buildings on one large parcel totaling 24,239 sf. The unit mix includes five (2-bedroom, 1-bath) and thirteen (1-bedroom, 1-bath) units. The unique lot offers parking for 28 individual vehicles allowing a new investor the opportunity to build additional units while preserving parking. This investment is being offered at a very attractive price per unit ($155,556) and price per square foot ($218). With nearly 70% upside in rents, this investment provides both a great basis with the ability to increase the cash flow to double digit returns.
| DAYS ON MARKET | 166 | LAST UPDATED | 9/24/2025 |
|---|---|---|---|
| YEAR BUILT | 1964 | COMMUNITY | C16 - Mid Los Angeles |
| COUNTY | Los Angeles | STATUS | Active |
| PROPERTY TYPE(S) | Residential Income |
| PRICE HISTORY | |
| Prior to Sep 24, '25 | $3,000,000 |
|---|---|
| Sep 24, '25 - Today | $2,800,000 |
| ADDITIONAL DETAILS | |
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Disposal, Refrigerator |
| AREA | C16 - Mid Los Angeles |
| CONSTRUCTION | Stucco |
| HEAT | Wall Furnace |
| LOT | 0.5565 acre(s) |
| LOT DIMENSIONS | 24242 |
| PARKING | Assigned |
| POOL DESCRIPTION | None |
| SEWER | Other |
| STORIES | Split/Multi Level |
| STYLE | MidCenturyModern |
| VIEW | Yes |
| VIEW DESCRIPTION | City Lights |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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