1217 E 22nd St Los Angeles, CA 90011
Historic South Central NeighborhoodEstimated payment $15,074/month
Highlights
- New Construction
- Laundry Room
- Central Heating and Cooling System
About This Home
Huge Discount! Don’t miss your chance at a Brand New Construction Multi Family Investment Property appraised at $2.6M with an Outstanding cap rate of 9.334%
Duplex units are Tri-Level & the ADU is Two-stories. This project is located in a hot rental area. Location, location, location! Multi family units are in high demand in this area. This project being Brand New Construction, units are easy to lease out. Property has little to no maintenance; super convenient for the owner.
Year Built 2024
-Front (Duplex 1217 & 1217 1/2)
•Duplex (Each unit): 7 Beds 7 Baths X2
•3 stories
•Each Duplex Unit approx.2,173.5 sqft X2 = 4,347 sqft
-Rear (ADU 1219)
•ADU: 3 Bedrooms 3 Bathrooms
•2 story
•1,189 sqft
Total: 17 Bedrooms 17 Bathrooms
Total approx. Living sqft: 5,536
Lot approx. sqft: 6,013.1
Note:Property is fully leased with an Outstanding cap rate of 9.334%
Buyer(s) to independently verify all information on this listing. Listing agent is not liable for any information that turns out incorrect. The accuracy of all information, regardless of source, including but not limited to square footages, lot sizes, income, and expenses, is deemed reliable but not guaranteed.
Listing Agent
First Family Homes Brokerage Phone: 562-417-2653 License #02051747 Listed on: 08/19/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2024 | New Construction
Lot Details
- 6,013 Sq Ft Lot
- Two or More Common Walls
- Density is 2-5 Units/Acre
Home Design
- Triplex
- Entry on the 1st floor
Interior Spaces
- 5,536 Sq Ft Home
- 3-Story Property
Bedrooms and Bathrooms
- 10 Bedrooms
- 10 Bathrooms
Laundry
- Laundry Room
- Washer Hookup
Parking
- Parking Available
- Assigned Parking
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 24
- Assessor Parcel Number 5131014026
Community Details
Overview
- 2 Buildings
- 3 Units
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 2 Separate Water Meters
- Insurance Expense $7,000
- Operating Expense $38,250
- Gross Income $244,800
- Net Operating Income $206,550
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/19/2025 08/19/25 | For Sale | $2,400,000 | -- | $434 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW25186664
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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