1340 E 22nd Street, Los Angeles, California 90011, Los Angeles, 90011 - bed, bath
ACTIVE$769,000
1340 E 22nd Street, Los Angeles, California 90011
0Bed
0Bath
2,112Sqft
5,746Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income Potential: The property features three separate units, offering a strong potential for rental income.
Top Cons:
Older Construction: Built in 1906, the property may require ongoing maintenance and potential upgrades due to its age.
Compared to the nearby listings
Price:$769.0K vs avg $672.0K (+$97,000)69%
Size:2,112 sqft vs avg 2,042 sqft65%
Price/sqft:$364 vs avg $34562%
More Insights
Built in 1906 (119 years old).
Condition: The property was built in 1906. The description mentions the exterior has been recently painted, but the images show outdated kitchens and bathrooms. The overall condition suggests that substantial repairs and rehabilitation are needed. Given the age and the apparent lack of significant renovations, it falls into the 'poor' category.
Year Built
1906
Close
-
List price
$769K
Original List price
$769K
Price/Sqft
$364
HOA
-
Days on market
-
Sold On
-
MLS number
PW24187343
Home ConditionPoor
Features
View-
About this home
GREAT OPPORTUNITY TO OWN THESE THREE UNITS LOCATED JUST SOUTH OF DOWNTOWN LOS ANGELES. THE PROPERTY CONSIST OF 3 SEPARATE BUILDINGS. FRONT UNIT IS A 3 BEDROOM, 1 BATH. THE MIDDLE UNIT IS A 2 BEDROOM, 1 BATH AND THE REAR UNIT IS A 1 BEDROOM, 1 BATH. THE BUILDINGS ARE KEPT IN PRETTY GOOD SHAPE AND THE EXTERIOR HAS BEEN RECENTLY PAINTED. THERE'S AMPLE PARKING AT THE FRONT DRIVEWAY AND AT THE REAR OF THE UNITS. UNITS ARE ALL TENANT OCCUPIED. WITHIN MINUTES TO THE PROPERTY IS 20TH STREET ELEMENTARY, THOMAS JEFFERSON HIGH SCHOOL, L.A. LIVE AND THE STAPLE CENTER.
Nearby schools
5/10
Twentieth Street Elementary School
Public,•K-5•0.2mi
3/10
Twenty-Eighth Street Elementary School
Public,•K-5•0.5mi
4/10
Quincy Jones Elementary School
Public,•K-5•0.7mi
4/10
Nevin Avenue Elementary School
Public,•K-5•0.7mi
3/10
Wadsworth Avenue Elementary School
Public,•K-5•0.9mi
2/10
Harmony Elementary School
Public,•K-5•1.0mi
4/10
Ascot Avenue Elementary School
Public,•K-5•1.2mi
3/10
Sally Ride Elementary: A Smart Academy
Public,•K-5•1.3mi
2/10
Forty-Ninth Street Elementary School
Public,•K-5•1.6mi
2/10
Hooper Avenue Elementary School
Public,•1-5•1.7mi
2/10
Aurora Elementary School
Public,•K-5•1.8mi
2/10
Holmes Avenue Elementary School
Public,•K-6•1.9mi
5/10
Estrella Elementary School
Public,•K-5•2.4mi
5/10
Lillian Street Elementary School
Public,•K-6•2.4mi
5/10
Pacific Boulevard School
Public,•K-5•2.6mi
2/10
Dr. Julian Nava Learning Academies-School Of Business And Technology
Public,•6-8•0.4mi
3/10
George Washington Carver Middle School
Public,•6-8•1.3mi
6/10
Vernon City Elementary School
Public,•K-7•1.7mi
3/10
Los Angeles Academy Middle
Public,•6-8•2.1mi
3/10
Thomas A. Edison Middle School
Public,•6-8•2.7mi
3/10
Henry T. Gage Middle School
Public,•6-8•3.4mi
3/10
Nava College Preparatory Academy
Public,•9-12•0.8mi
2/10
Thomas Jefferson Senior High School
Public,•9-12•0.8mi
5/10
Santee Education Complex
Public,•9-12•0.8mi
5/10
Felicitas And Gonzalo Mendez High
Public,•9-12•2.4mi
5/10
STEM Academy of Boyle Heights HS
Public,•9-12•2.7mi
4/10
Huntington Park Senior High School
Public,•9-12•3.0mi
3/10
John C. Fremont Senior High School
Public,•9-12•3.6mi
Price History
Date
Event
Price
11/06/02
Sold
$237,000
Condition Rating
Poor
The property was built in 1906. The description mentions the exterior has been recently painted, but the images show outdated kitchens and bathrooms. The overall condition suggests that substantial repairs and rehabilitation are needed. Given the age and the apparent lack of significant renovations, it falls into the 'poor' category.
Pros & Cons
Pros
Income Potential: The property features three separate units, offering a strong potential for rental income.
Prime Location: Located just south of Downtown Los Angeles, the property is conveniently close to schools, L.A. Live, and the Staples Center.
Well-Maintained Exterior: The exterior of the buildings has been recently painted and is kept in good shape, enhancing curb appeal.
Cons
Older Construction: Built in 1906, the property may require ongoing maintenance and potential upgrades due to its age.
Tenant Occupied: All units are currently tenant-occupied, which may limit immediate flexibility for owner occupancy or renovations.