1532 W 22nd St Los Angeles, CA 90007
Adams-Normandie Neighborhood
4
Beds
2
Baths
1,476
Sq Ft
4,427
Sq Ft Lot
Highlights
- No HOA
- Mountainous Community
- Chain Link Fence
- Laundry Room
- Bike Trail
- 1-Story Property
About This Home
As of December 2024Home Improvement, Paint Won't Do It. This excellent opportunity to purchase this property walking distance to The University of Southern California (USC) is a rare opportunity. The property has approved plans for a 4-bedroom 2-bathroom home single level and a fully approved ADU on the side. Seller demolished the interior and removed all the debris and has secured post and piers no foundation issues, subfloors and interior framing have been completed showing a four-bedroom two full bath home according to approved plans. This property is suitable for a professional contractor or investor with the skills to bring this home back to life. The upside on this property is excellent and investors that work the area know what the resale values are being so close to USC. Now let's go one step further the "SELLER WILL CARRY BACK A FIRST TRUST DEED" up to 18 months what a savings. This means you can close fast and start working on the project immediately and save a ton of money. Don't let these old pictures fool you this is a must see for any professional investor.
Last Agent to Sell the Property
TAMAYO & ASSOC. R.E. Brokerage Phone: 323-717-3744 License #01091316 Listed on: 09/26/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,439
Year Built
- Built in 1903
Lot Details
- 4,427 Sq Ft Lot
- Chain Link Fence
- Density is up to 1 Unit/Acre
- On-Hand Building Permits
- Property is zoned LAR2
Home Design
- Fixer Upper
- Shingle Roof
- No Roof
Interior Spaces
- 1,476 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Gas And Electric Dryer Hookup
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tax Lot 11
- Assessor Parcel Number 5054023017
- $323 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- Mountainous Community
Recreation
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 26, 2024
Closed on
Nov 18, 2024
Sold by
Jab Properties Llc
Bought by
Alexed Enterprises Llc
Seller's Agent
Richard Tamayo
TAMAYO & ASSOC. R.E.
Buyer's Agent
David Morales
Popular Real Estate
List Price
$769,000
Sold Price
$730,000
Premium/Discount to List
-$39,000
-5.07%
Views
203
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
87.62%
Original Mortgage
$330,000
Outstanding Balance
$328,783
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$763,199
Purchase Details
Listed on
Nov 23, 2022
Closed on
Feb 2, 2023
Sold by
Garcia Sylvia
Bought by
Jab Properties Llc
Seller's Agent
Richard Tamayo
TAMAYO & ASSOC. R.E.
Buyer's Agent
Richard Tamayo
TAMAYO & ASSOC. R.E.
List Price
$598,000
Sold Price
$500,000
Premium/Discount to List
-$98,000
-16.39%
Views
4
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.69%
Original Mortgage
$539,900
Interest Rate
6.15%
Mortgage Type
Construction
Purchase Details
Closed on
Jun 29, 2022
Sold by
Garcia Silvia
Bought by
Garcia Silvia and Padilla Sergio
Purchase Details
Closed on
Jun 17, 2008
Sold by
Lopez Maria Elena
Bought by
Lopez Maria Elena
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $730,000 | Provident Title Company | |
| Grant Deed | $730,000 | Provident Title Company | |
| Grant Deed | $500,000 | Wfg National Title | |
| Quit Claim Deed | -- | -- | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $330,000 | New Conventional | |
| Closed | $330,000 | New Conventional | |
| Previous Owner | $539,900 | Construction | |
| Previous Owner | $539,900 | Construction | |
| Previous Owner | $150,000 | Construction | |
| Previous Owner | $0 | Commercial | |
| Previous Owner | $50,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/27/2025 07/27/25 | Price Changed | $1,100,000 | 0.0% | $630 / Sq Ft |
| 07/11/2025 07/11/25 | Price Changed | $1,099,999 | 0.0% | $630 / Sq Ft |
| 07/11/2025 07/11/25 | For Sale | $1,099,999 | -4.3% | $630 / Sq Ft |
| 07/07/2025 07/07/25 | Off Market | $1,149,999 | -- | -- |
| 07/04/2025 07/04/25 | Price Changed | $1,149,999 | +0.1% | $659 / Sq Ft |
| 06/29/2025 06/29/25 | Price Changed | $1,149,000 | -0.1% | $658 / Sq Ft |
| 06/06/2025 06/06/25 | Price Changed | $1,150,000 | -4.2% | $659 / Sq Ft |
| 05/14/2025 05/14/25 | Price Changed | $1,199,999 | -3.6% | $687 / Sq Ft |
| 05/01/2025 05/01/25 | Price Changed | $1,245,000 | -4.2% | $713 / Sq Ft |
| 03/31/2025 03/31/25 | For Sale | $1,299,999 | +78.1% | $745 / Sq Ft |
| 12/02/2024 12/02/24 | Sold | $730,000 | -5.1% | $495 / Sq Ft |
| 10/31/2024 10/31/24 | Pending | -- | -- | -- |
| 09/26/2024 09/26/24 | For Sale | $769,000 | +53.8% | $521 / Sq Ft |
| 02/23/2023 02/23/23 | Sold | $500,000 | -16.4% | $339 / Sq Ft |
| 01/18/2023 01/18/23 | Price Changed | $598,000 | +19.6% | $405 / Sq Ft |
| 01/18/2023 01/18/23 | Price Changed | $500,000 | -16.4% | $339 / Sq Ft |
| 01/17/2023 01/17/23 | Pending | -- | -- | -- |
| 01/17/2023 01/17/23 | For Sale | $598,000 | +19.6% | $405 / Sq Ft |
| 12/22/2022 12/22/22 | Off Market | $500,000 | -- | -- |
| 12/13/2022 12/13/22 | Price Changed | $598,000 | -14.3% | $405 / Sq Ft |
| 11/23/2022 11/23/22 | For Sale | $698,000 | -- | $473 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 |
|---|---|---|---|---|
| 2024 | $6,439 | $510,000 | $357,000 | $153,000 |
| 2023 | $668 | $35,727 | $19,524 | $16,203 |
| 2022 | $646 | $35,028 | $19,142 | $15,886 |
| 2021 | $625 | $34,342 | $18,767 | $15,575 |
| 2019 | $609 | $33,325 | $18,211 | $15,114 |
| 2018 | $538 | $32,672 | $17,854 | $14,818 |
| 2016 | $499 | $31,405 | $17,161 | $14,244 |
| 2015 | $493 | $30,935 | $16,904 | $14,031 |
| 2014 | $504 | $30,330 | $16,573 | $13,757 |
Source: Public Records
Agents Affiliated with this Home
-
David Morales
Seller's Agent in 2025
David Morales
Popular Real Estate
(562) 818-3304
1 in this area
34 Total Sales
-
Richard Tamayo
Seller's Agent in 2024
Richard Tamayo
TAMAYO & ASSOC. R.E.
(323) 285-7100
2 in this area
27 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS24174291
APN: 5054-023-017
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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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