5 months on rocket

1276 W 22nd St, Los Angeles, CA, 90007

$1,698,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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1276 W 22nd St, Los Angeles$1,698,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingOn Site, Paved, Private, One Space
Year Built1905
HeatingWall Furnace
FireplaceNone
MLS #OC24126298
Lot Size0.13 Acres
StatusActive

About 1276 W 22nd St

Investors, how would you like immediate positive income of roughly $12,500 per month on day one. This is a rare opportunity to invest in a quadplex in a prime location. The property is just minutes from the University of Southern California (USC), which has an enrollment of over 40,000 students. It is also close to Exposition Park, a popular tourist attraction that hosts museums, gardens, and a rose garden. The property is within easy walking distance of the Expo Line light rail station, which provides convenient access to downtown Los Angeles and Santa Monica. In addition, the property has quick access to the 10 freeway, which provides a direct route to many popular destinations. The property is fully occupied, and tenants pay for all utilities. This is a great investment property in a desirable location.

Property Details

Property Features

Property Information:

  • Year Built: 1905
  • Stories: 2

Listing Office:

  • Office Name: Homequest Real Estate
  • Office Phone: (909) 802-0082
  • Listing Agent: Kent Tsen

Interior Features

Interior Information:

  • Appliances: Gas Range, Dryer, Washer
  • Flooring Type: Laminate
  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: On Site, Paved, Private, One Space

Lot Features

Lot Information:

  • Lot: Flag Lot
  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace

Other

Directions Information:

  • Directions: 10 Fwy exit on Hoover, turn west on W. 22nd street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,698,000

Tax Information:

  • Annual Amount: $15,429
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

1276 W 22nd St vs Los Angeles

153 DAYS ON ROCKET

+115 Days

$1,698,000

+$674.5K More

KEY TAKEAWAY

This property is $674.5K more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #OC24126298

Listing Office:

  • Office Name: Homequest Real Estate
  • Office Phone: (909) 802-0082
  • Listing Agent: Kent Tsen

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 8:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 01, 2016Home Sold
$1,180,000
Jan 10, 2005Home Sold
$485,000

Tax History

YEARPROP. TAXASSESSMENT
2021$15,429$1,265,197
2020$14,972$1,252,225
2019$14,822$1,227,672
2018$14,505$1,203,600
2017$14,505$1,180,000

History based on county public records data.

Payment Calculator

$8,542

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,157

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-724282
5
/10

  • Norwood Street Elementary School

  • 2020 Oak St

  • 0.42 miles

  • Public District Grades KG-5

school-card-donut-724283
6
/10

  • Vermont Avenue Elementary

  • 1435 W 27th St

  • 0.51 miles

  • Public District Grades KG-5

school-card-donut-724284
4
/10

  • Magnolia Avenue Elementary School

  • 1626 Orchard Ave

  • 0.55 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $16,525. The most common annual income of people living in Los Angeles, CA is less than $35k. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›90007›1276 W 22nd St

This home is located at 1276 W 22nd St in Los Angeles, CA and zip code 90007 in the University Park neighborhood. This home, which was built in 1905, sits on a 0.13 acre lot. It has been listed on Rocket Homes since June 22, 2024 and is currently priced at $1,698,000.

While more than 598 listings in Los Angeles, CA in October 2024 were sold above asking price, there were more than 191 listings sold at asking price, and more than 753 were sold below. Between September 2024 and October 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 11.2%. While the average time on the market in October 2024 was 38 days, the median list price was $1,023,474.

From Rocket Homes Real Estate and based on county public records data.

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