1532 W 22nd Street, Los Angeles, CA 90007

$769,000 Asking Price

4 beds
2 baths
1,476  sqft
Built in 1903

Home 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.

Features & Amenities

Interior

Laundry:
Other
A/C:
false, None
Fireplace:
None
Disability Feature:
None

Exterior

Pool:
None

Construction

General:
1

Location

HOA Amenities:
0.0
School District:
Los Angeles Unified
County:
Los Angeles

Lot

Zoning:
LAR2, 5054023017
View:
None
Fencing:
Chain Link

Utilities

Water:
Public
Sewer:
Public Sewer

This listing courtesy of:
TAMAYO & ASSOC. R.E., RICHARD TAMAYO

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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