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1217 E 22nd St Street, Los Angeles, California 90011, Los Angeles, 90011 - bed, bath

1217 E 22nd St Street, Los Angeles, California 90011 home-pic-0
ACTIVE$2,400,000
1217 E 22nd St Street, Los Angeles, California 90011
0Bed
0Bath
5,536Sqft
6,013.1Lot
Year Built
2024
Close
-
List price
$2.4M
Original List price
$2.4M
Price/Sqft
$434
HOA
-
Days on market
-
Sold On
-
MLS number
DW25264461
Home ConditionExcellent
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $2.40M(96th), sqft - 5536(96th), beds - undefined(50th), baths - undefined(50th).

Huge Discount! Don’t miss your chance at a Brand New Construction Multi Family Investment Property appraised at $2.6M. Duplex units are Tri-Level & the ADU is Two-stories. This project is located in a hot rental area. Location, location, location! Multi family units are in high demand in this area. This project being Brand New Construction, units are easy to lease out. Property has little to no maintenance; super convenient for the owner. Year Built 2024 -Front (Duplex 1217 & 1217 1/2) •Duplex (Each unit): 7 Beds 7 Baths X2 •3 stories •Each Duplex Unit approx.2,173.5 sqft X2 = 4,347 sqft -Rear (ADU 1219) •ADU: 3 Bedrooms 3 Bathrooms •2 story •1,189 sqft Total: 17 Bedrooms 17 Bathrooms Total approx. Living sqft: 5,536 Lot approx. sqft: 6,013.1 Note:ADU Is leased. Buyer(s) to independently verify all information on this listing. Listing agent is not liable for any information that turns out incorrect. The accuracy of all information, regardless of source, including but not limited to square footages, lot sizes, income, and expenses, is deemed reliable but not guaranteed.

Price History

Date
Event
Price
11/24/25
Listing
$2,400,000
Condition Rating
Excellent
This property is a brand new construction, built in 2024. The images confirm modern finishes throughout, including new light-colored laminate flooring, white shaker cabinets, contemporary light fixtures, and updated bathrooms with subway tile. All components are new, meeting current quality standards with no signs of wear or deferred maintenance.
Pros & Cons

Pros

Brand New Construction: Built in 2024, this property offers modern amenities, up-to-date building codes, and significantly reduced immediate maintenance and repair costs for the owner.
High Income Potential: The triplex configuration, comprising two 7-bed/7-bath duplex units and a 3-bed/3-bath ADU, totals 17 bedrooms and 17 bathrooms, maximizing rental income opportunities, with the ADU already leased.
Strategic Rental Location: Positioned in a 'hot rental area' of Los Angeles with high demand for multi-family units, ensuring easier tenant acquisition and potentially stable occupancy rates.
Low Owner Maintenance: As a brand new construction, the property is advertised as having 'little to no maintenance,' offering a convenient and hassle-free ownership experience for investors.
Immediate Value Proposition: Listed at $2.4M against an appraised value of $2.6M, the property presents a potential $200,000 discount or built-in equity for the buyer at acquisition.

Cons

Specialized Unit Configuration: The 7-bedroom, 7-bathroom layout per duplex unit is highly specialized, potentially limiting the tenant pool to specific demographics such as co-living groups or student housing, which can lead to higher turnover and more intensive management.
Limited Outdoor Space: With 5,536 sqft of living space on a 6,013 sqft lot, the property likely offers minimal private or common outdoor space, which could be a drawback for tenants seeking more recreational area.
Unverified Appraisal Value: The 'huge discount' claim is based on an appraisal value of $2.6M, which is not independently verifiable within the listing and market conditions can fluctuate, potentially impacting the actual value proposition.

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