1380 E 22nd St Los Angeles, CA 90011
Central Alameda Neighborhood
8
Beds
4
Baths
2,610
Sq Ft
5,705
Sq Ft Lot
About This Home
As of July 2025We are proud to present 1380 E 22nd Street, a four-unit property located in the heart of Downtown Los Angeles priced at a 7.38% CAP on current rents. All units will be delivered with tenants in place. Located south of the 10 freeway and east of the 110 freeway, this property is located just minutes away from Downtown Los Angeles, Chinatown, to the Crypto.com Arena, The Convention Center, LAFC, The Coliseum, USC, Natural History Museum as well as a number of other tenant amenities and conveniences. The property consists of two separate duplexes comprising 2,610 rentable square feet built in 1927 which is situated on a 5,705 square foot lot with alley access. The unit mix consists of (1) three-bedroom one bath, (2) two-bedroom two-bath and (1) one-bedroom one bath unit. Priced attractively at a 7.38% CAP Rate and at 9.32X Gross on current rents, this opportunity presents 35% upside in rents to operate at a 10.87% CAP Rate and a 6.91 GRM at market. All units are tenant occupied with all units having been renovated except for the one bedroom. Contact the listing broker for additional information.
Last Agent to Sell the Property
Kidder Mathews of California, Inc. License #01902650 Listed on: 04/09/2025
Co-Listed By
Vincent Cook
Kidder Mathews of California, Inc License #02012324
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,523
Year Built
- Built in 1927
Lot Details
- 5,705 Sq Ft Lot
Interior Spaces
- 2,610 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Listing and Financial Details
- Assessor Parcel Number 5119-006-020
Community Details
Overview
- 2 Buildings
- 4 Units
Building Details
- Rent Control
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 9, 2025
Closed on
Jun 26, 2025
Sold by
Sola Impact Fund Ii Lp
Bought by
Nieves Cristian E Martinez and Vargas Maria D
Seller's Agent
Casey Lins
Kidder Mathews of California, Inc.
Buyer's Agent
SAUL NUNEZ
EXCELLENCE RE REAL ESTATE
List Price
$895,000
Sold Price
$895,000
Views
20
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-55.60%
Original Mortgage
$695,000
Outstanding Balance
$694,414
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$137,518
Purchase Details
Listed on
Jan 2, 2018
Closed on
Mar 20, 2018
Sold by
Rodriugez Orlando A and Brizuela Nelson
Bought by
Sola Impact Fund Ii Lp
Seller's Agent
Maria Gracia
Power Brokers
Buyer's Agent
Juan Michael
Forward Real Estate
List Price
$600,000
Sold Price
$525,000
Premium/Discount to List
-$75,000
-12.5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.68%
Purchase Details
Closed on
Jul 21, 2016
Sold by
Rodriguez Delmi and Rodriguez Orlando A
Bought by
Rodriguez Orlando A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,500
Interest Rate
3.48%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 25, 2010
Sold by
Brizuela Nelson
Bought by
Rodriguez Orlando A and Rodriguez Delmi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.28%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 11, 2006
Sold by
Brizuela Nelson
Bought by
Brizuela Nelson
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
1%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Aug 1, 2003
Sold by
Brizuela Margarita
Bought by
Brizuela Nelson
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 24, 1997
Sold by
Brizuela Nelson and Brizuela Margarita
Bought by
Brizuela Nelson and Brizuela Margarita
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,500
Interest Rate
7.49%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Jul 17, 1997
Sold by
Parra Lorraine and Navarro Lorraine
Bought by
Navarro Leonard
Purchase Details
Closed on
May 9, 1997
Sold by
Navarro Leonard
Bought by
Brizuela Nelson and Brizuela Margarita
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,822
Interest Rate
7.58%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 20, 1995
Sold by
Navarro Leonard
Bought by
Navarro Leonard and Navarro Lorraine
Purchase Details
Closed on
Aug 23, 1990
Sold by
Parra Lorraine
Bought by
Navarro Leonard
Similar Homes in Los Angeles, CA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $895,000 | Provident Title | |
| Grant Deed | $525,000 | Wfg Title Company Of Califor | |
| Interfamily Deed Transfer | -- | Title 365 | |
| Grant Deed | $240,000 | North American Title Company | |
| Interfamily Deed Transfer | -- | Commonwealth | |
| Interfamily Deed Transfer | -- | Investors Title Company | |
| Gift Deed | -- | -- | |
| Gift Deed | -- | Benefit Land Title Company | |
| Grant Deed | $161,000 | Benefit Land Title | |
| Interfamily Deed Transfer | -- | United Title Company | |
| Gift Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $695,000 | New Conventional | |
| Previous Owner | $564,000 | Construction | |
| Previous Owner | $500,000 | Construction | |
| Previous Owner | $504,000 | Commercial | |
| Previous Owner | $834,000 | Commercial | |
| Previous Owner | $393,750 | Construction | |
| Previous Owner | $176,500 | New Conventional | |
| Previous Owner | $180,000 | New Conventional | |
| Previous Owner | $451,500 | Unknown | |
| Previous Owner | $330,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $220,000 | Purchase Money Mortgage | |
| Previous Owner | $16,500 | Stand Alone Second | |
| Previous Owner | $157,822 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/07/2025 07/07/25 | Sold | $895,000 | 0.0% | $343 / Sq Ft |
| 05/09/2025 05/09/25 | Pending | -- | -- | -- |
| 04/09/2025 04/09/25 | For Sale | $895,000 | 0.0% | $343 / Sq Ft |
| 03/24/2025 03/24/25 | Pending | -- | -- | -- |
| 03/11/2025 03/11/25 | For Sale | $895,000 | +70.5% | $343 / Sq Ft |
| 04/24/2018 04/24/18 | Sold | $525,000 | -8.7% | $201 / Sq Ft |
| 02/15/2018 02/15/18 | Price Changed | $575,000 | -4.2% | $220 / Sq Ft |
| 01/02/2018 01/02/18 | For Sale | $600,000 | -- | $230 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,523 | $597,355 | $369,792 | $227,563 |
| 2024 | $7,523 | $585,643 | $362,542 | $223,101 |
| 2023 | $7,383 | $574,161 | $355,434 | $218,727 |
| 2022 | $7,051 | $562,904 | $348,465 | $214,439 |
| 2021 | $6,956 | $551,868 | $341,633 | $210,235 |
| 2019 | $6,755 | $535,500 | $331,500 | $204,000 |
| 2018 | $4,394 | $337,791 | $281,494 | $56,297 |
| 2016 | $4,180 | $324,676 | $270,564 | $54,112 |
| 2015 | $4,123 | $319,800 | $266,500 | $53,300 |
| 2014 | $4,162 | $313,536 | $261,280 | $52,256 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Casey Lins
Kidder Mathews of California, Inc.
(714) 333-6768
2 in this area
49 Total Sales
-
V
Seller Co-Listing Agent in 2025
Vincent Cook
Kidder Mathews of California, Inc
-
Buyer's Agent in 2025
SAUL NUNEZ
EXCELLENCE RE REAL ESTATE
(909) 685-6548
1 in this area
27 Total Sales
-
Seller's Agent in 2018
Maria Gracia
Power Brokers
(213) 327-7406
3 in this area
13 Total Sales
-
Buyer's Agent in 2018
Juan Michael
Forward Real Estate
(323) 873-6550
7 Total Sales
Map
Source: The MLS
MLS Number: 25510149
APN: 5119-006-020
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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