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31697881
31697882

1543 W 22nd Place, Los Angeles, CA 90007

BA
CA 02092597
Lyon Stahl Investment Real Estate, Inc.
Listed by Lyon Stahl Investment Real Estate, Inc.
$849,000
46 days on market
Updated 46 days ago

1543 W 22nd Place

Details
APN 5054023032
Property Type Multifamily
Sub Type Apartment Building
Units 4
Buildings 1
Acreage 0.097
Zoning Assessor

Multifamily | 4 Units

Marketing description

1543 W 22nd Pl presents an opportunity to acquire a 4-unit value-add asset in a strong Central Los Angeles rental pocket near USC and Exposition Park. Offered at $849,000, or approximately $212,250 per unit, the property features attractive in-place income with meaningful upside through repositioning to market rents. Based on the offering figures provided, the asset is currently operating at a 4.78% cap rate and 13.16 GRM, with upside to a 9.41% pro forma cap rate and 8.09 pro forma GRM. The property is well located near USCs University Park Campus and Exposition Park, one of Los Angeles most active cultural and entertainment hubs. Exposition Park is home to BMO Stadium, the California Science Center, the Natural History Museum, and the California African American Museum, creating long-term demand drivers tied to education, employment, recreation, and tourism. The location also benefits from access to the Metro E Line through Expo Park/USC Station, connecting tenants to Downtown Los Angeles, Santa Monica, and the broader Metro system. In addition to its immediate fundamentals, the property stands to benefit from continued investment in the surrounding area. Exposition Park is also the future home of the Lucas Museum of Narrative Art, scheduled to open in 2026, adding another major destination to the neighborhood. Combined with convenient access to the 10 and 110 Freeways and a unit mix that supports strong rental growth potential, 1543 W 22nd Pl offers investors the opportunity to acquire a well-located multifamily asset with both stable current income and compelling long-t
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Listing Contacts

BA
CA 02092597
Lyon Stahl Investment Real Estate, Inc.
Listed by Lyon Stahl Investment Real Estate, Inc.

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Additional Information

Name
Boris Almengor
License
02092597
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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