
1973 W 22nd St Los Angeles, CA 90018
Adams-Normandie NeighborhoodEstimated payment $19,425/month
Highlights
- City View
- Midcentury Modern Architecture
- Laundry Room
- 0.56 Acre Lot
- Resident Manager or Management On Site
- Gated Home
About This Home
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 ($166,667) and price per square foot ($234). 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.
Listing Agent
Lyon Stahl Investment Real Estate, Inc. License #01734419 Listed on: 06/24/2025

Property Details
Home Type
- Multi-Family
Year Built
- Built in 1964
Lot Details
- 0.56 Acre Lot
- South Facing Home
- Gated Home
Home Design
- Midcentury Modern Architecture
- Split Level Home
- Stucco
Interior Spaces
- 12,816 Sq Ft Home
- 2-Story Property
- City Views
- Oven or Range
- Laundry Room
Bedrooms and Bathrooms
- 23 Bedrooms
- 18 Bathrooms
Home Security
- Window Bars
- Security Lights
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 28 Open Parking Spaces
- 28 Parking Spaces
- Assigned Parking
Location
- City Lot
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Mounted To A Wall or Window
- Gas Water Heater
- Sewer in Street
Listing and Financial Details
- The owner pays for water
- Assessor Parcel Number 5058-024-018
Community Details
Overview
- 2 Buildings
- 18 Units
Building Details
- Rent Control
- Vacancy Allowance $7,481
Additional Features
- Laundry Facilities
- Resident Manager or Management On Site
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/24/2025 06/24/25 | For Sale | $3,000,000 | -- | $234 / Sq Ft |
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