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1532 W 22nd Street 1/2, Los Angeles, California 90007, Los Angeles, 90007 - bed, bath

1532 W 22nd Street 1/2, Los Angeles, California 90007 home-pic-0
ACTIVE$1,000,000
1532 W 22nd Street 1/2, Los Angeles, California 90007
0Bed
0Bath
1,746Sqft
4,427Lot
Year Built
1903
Close
-
List price
$1M
Original List price
$1M
Price/Sqft
$573
HOA
-
Days on market
-
Sold On
-
MLS number
DW25178560
Home ConditionExcellent
Features
Deck
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.00M(40th), sqft - 1746(20th), beds - undefined(50th), baths - undefined(50th).

This fully remodeled 4 bed / 3 bath main residence + newly constructed 1 bed / 1 bath ADU delivers a versatile, low-maintenance asset in a prime Los Angeles rental market. Both units were rebuilt with permits—new roof, plumbing, electrical, windows, HVAC, and more—all approved under HPOZ guidelines. Perfect for owner-users or 1031 exchange investors seeking strong rental demand near USC, DTLA, and Expo Park. The layout supports solid cash flow, house hacking, or multi-generational living. Delivered move-in ready with full plans and permits included. A rare chance to own a high-quality duplex in a high-growth neighborhood—add it to your portfolio with confidence.

Price History

Date
Event
Price
08/07/25
Listing
$1,000,000
12/02/24
Sold
$730,000
02/23/23
Sold
$500,000
Condition Rating
Excellent
Despite being built in 1903, the property has undergone a comprehensive, full renovation and reconstruction, including new roof, plumbing, electrical, windows, and HVAC, as stated in the description. The images confirm this, showcasing a fully modernized interior with brand new, high-end finishes. The kitchen features modern white cabinetry, stainless steel appliances, and striking quartz countertops. All bathrooms are completely updated with stylish vanities, gold-toned fixtures, and contemporary tile work, including glass shower enclosures. The flooring throughout is new and consistent. The addition of a newly constructed ADU further solidifies its 'excellent' condition, as all components are virtually new and meet current quality standards.
Pros & Cons

Pros

Extensive Renovation & Modern Systems: The property has been fully remodeled and rebuilt with permits, including new roof, plumbing, electrical, windows, and HVAC, ensuring a low-maintenance and move-in ready asset despite its 1903 build year.
Income-Generating Potential: Featuring a main residence (4 bed/3 bath) and a newly constructed 1 bed/1 bath ADU, this duplex offers significant versatility for solid cash flow, house hacking, or multi-generational living.
Prime Location & Rental Demand: Situated in a prime Los Angeles rental market near USC, DTLA, and Expo Park, the property benefits from strong rental demand and is located in a high-growth neighborhood.
Turnkey & Permitted: The property is delivered move-in ready with all renovations completed under permits and approved under HPOZ guidelines, providing transparency and reducing immediate buyer concerns.
Versatile Investment Opportunity: Ideal for both owner-users seeking flexible living arrangements and 1031 exchange investors looking for a high-quality, income-producing asset in a desirable urban core.

Cons

Limited Lot Size: With a lot size of 4,427 sqft, the property offers relatively modest outdoor space, which might be a consideration for buyers desiring larger yards or extensive private outdoor amenities.
HPOZ Restrictions: While HPOZ compliance ensures historical integrity, it can impose strict architectural and renovation guidelines, potentially limiting future exterior modifications or increasing costs for certain changes.
Urban Density Drawbacks: Its proximity to major institutions and downtown areas, while a strength for rental demand, may also mean higher levels of urban noise, traffic, and density, which might not appeal to all buyers.

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