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1241 W 22nd Street, Los Angeles, California 90007, Los Angeles, 90007 - bed, bath

1241 W 22nd Street, Los Angeles, California 90007 home-pic-0
ACTIVE$1,199,999
1241 W 22nd Street, Los Angeles, California 90007
0Bed
0Bath
2,946Sqft
4,998Lot
Year Built
1904
Close
-
List price
$1.2M
Original List price
$1.3M
Price/Sqft
$407
HOA
-
Days on market
-
Sold On
-
MLS number
PW25132548
Home ConditionExcellent
Features
Deck
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.20M(50th), sqft - 2946(40th), beds - undefined(50th), baths - undefined(50th).

***OWNER-OCCUPIED OPPORTUNITY***PRICED TO SELL*** Turnkey Investment Opportunity Just Steps from USC! Located within the USC Security Patrol Zone, this beautifully restored four-plex is a prime opportunity for investors or owner-occupants alike. Just minutes from USC, LA Memorial Coliseum, BMO Stadium, and the Natural History Museum, this centrally located property also provides easy access to Downtown Los Angeles. Anchored by a restored 2-bedroom, 2-bathroom unit. Inside, the home boasts an open concept floor plan with tasteful modern finishes throughout. The remodeled kitchen features brand-new cabinets and sleek countertops, perfect for today’s lifestyle. Enjoy year-round comfort with central A/C, and appreciate the convenience of in-unit laundry in a dedicated laundry room. The primary suite includes a built-in walk-in closet and a luxurious tiled shower with a niche designed for student convenience. Step outside from the living room to a serene private balcony, ideal for relaxing or entertaining. Additional features include:     •    New electrical and plumbing systems in the remodeled unit     •    One driveway parking space     •    Strong rental demand from USC students and faculty. This is an ideal low-maintenance property in a high-demand area. Don’t miss this chance to invest in one of LA’s most dynamic neighborhoods!

Nearby schools

4/10
Norwood Street Elementary School
Public,•K-5•0.4mi
5/10
Vermont Avenue Elementary School
Public,•K-5•0.6mi
2/10
John W. Mack Elementary School
Public,•K-5•0.8mi
3/10
Lenicia B. Weemes Elementary School
Public,•K-5•1.2mi
5/10
Menlo Avenue Elementary School
Public,•K-5•2.0mi
4/10
John Adams Middle School
Public,•6-8•1.2mi
3/10
William Jefferson Clinton Middle School
Public,•6-8•1.3mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•2.8mi
4/10
West Adams Preparatory High School
Public,•9-12•0.4mi
5/10
Foshay Learning Center
Public,•K-12•1.7mi
3/10
Manual Arts Senior High School
Public,•9-12•2.0mi

Price History

Date
Event
Price
08/24/25
Price Change
$1,199,999-4.0%
08/08/25
Price Change
$1,249,999-0.0%
08/01/25
$1,250,000
06/13/25
$1,299,000
05/31/22
Sold
$995,000
02/25/99
Sold
$143,000
Condition Rating
Excellent
Despite being built in 1904, the property has undergone an extensive and recent renovation, as evidenced by the description stating 'beautifully restored,' 'remodeled kitchen features brand-new cabinets and sleek countertops,' and 'new electrical and plumbing systems.' The images confirm modern, high-quality finishes throughout, including new hardwood flooring, recessed lighting, central A/C, and luxurious, fully updated bathrooms with contemporary tiles and fixtures. The property appears virtually new inside, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Exceptional Location & Rental Demand: Strategically located steps from USC within its security patrol zone, ensuring strong and consistent rental demand from students and faculty, and offering easy access to major LA attractions and Downtown.
Income-Generating Quadruplex: As a four-unit residential income property, it provides diversified revenue streams and significant investment appeal, ideal for generating passive income.
Extensive Modern Renovations (Primary Unit): The primary 2-bed/2-bath unit has been beautifully restored with modern finishes, central A/C, in-unit laundry, and new electrical/plumbing systems, minimizing immediate capital expenditure for that unit.
Versatile Investment Opportunity: The property is marketed as suitable for both owner-occupants seeking supplemental income and pure investors, broadening its appeal to a wider range of buyers.
Motivated Seller & Price Adjustment: The property is 'PRICED TO SELL' with a recent price reduction from its original listing, indicating a motivated seller and potential for a favorable acquisition.

Cons

Limited Parking: Only one driveway parking space is available for a four-unit property, which is highly restrictive and could be a significant drawback for tenants in a dense urban area where parking is at a premium.
Age of Building & Potential Unseen Issues: Built in 1904, despite stated renovations, the underlying structure may present unforeseen maintenance or upgrade requirements typical of very old properties that were not part of the recent updates.
Unspecified Condition of Other Units: While the primary unit is extensively detailed as remodeled, the description lacks information on the current condition and renovation status of the other three units in this quadruplex, creating uncertainty regarding their state and potential future investment needs.

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