1283 W 22nd Street, Los Angeles, CA 90007

$1,125,000 Asking Price

5 beds
4 baths
2,060  sqft
Built in 1903

Discover this beautifully restored Victorian gem, seamlessly blending original character with modern designer updates for today's lifestyle. This fully renovated 5 bedroom + 3.5 bathroom is ready to move in for any home buyers looking to move into the fast-growing area as well as having the dual potential to achieve incredible rents as a USC Student Housing Investment Opportunity. Located in the highly desirable DPS Patrol Zone, and walking distance to the University of Southern California (USC), the home has been lovingly restored over the years, including the foundation, roof, new electrical, new HVAC systems, plumbing, stainless steel kitchen appliances, on-site washer & dryer, brand new bathroom renovations including tiled showers with glass enclosures, and much more. The kitchen is a chef's dream, featuring Carrera marble countertops, a prep island, stainless steel appliances, and a custom built-in pantry. Step through the back door to a lovely wood deck overlooking a thoughtfully landscaped yard with large planters, trees, and garden areas. The bedrooms in the property are spacious, ensuring comfort and a welcoming atmosphere for any future resident. The home will be delivered vacant, giving any buyer the opportunity to generate rental income instantly. In addition, there's an excellent value-add opportunity to construct and ADU, and further increase cash flow for an owner-user or investor (Buyer to Verify). This is a rapidly growing neighborhood, a true community located in the heart of the USC ecosystem and is minutes away from campus as well as the USC Village, Trader Joe's, City Target and lots of great amenities and restaurants.


Features & Amenities

Exterior

General:
None
Style:
See Remarks
Pool:
None
Parking:
Parking spaces: 0

Construction

General:
2

Location

Originating MLS:
CRMLS
County:
Los Angeles

Lot

Zoning:
LARD2, 5055019039
View:
View

Financial

Source:
CRMLS

This listing courtesy of:
Keller Williams Beverly Hills, Adam Shamooelian

About Los Angeles, CA

Housing

Number of Units
906,276
Median Home Value
$764,749
Median Rent
$1,399

71.58% of housing units are renter occupied.

6.82% are vacant.

Commute

Car
56.67%
Public Transportation
8.41%
Walk to Work
3.27%
Work from Home
29.71%
Other
1.00%

The median travel time to work is 25 minutes.

People

Population
2,373,885
Median Age
35.80
Median Household Size
2.78

Education

High School
18.57%
Associate’s Degree
5.55%
Bachelor’s Degree
22.72%
Graduate Degree
12.23%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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