1 month on rocket

1514 E 22nd St, Los Angeles, CA, 90011

$1,895,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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1514 E 22nd St, Los Angeles$1,895,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Garage2 spaces
Year BuiltNew Const., 2024
HeatingCentral
CoolingCentral Air
FireplaceDining Room
MLS #DW24238017
Lot Size0.13 Acres
StatusActive

About 1514 E 22nd St

New modern West LA living near Downtown LA! Come and check out the this 3 unit ground up construction only 2.6 miles away from the Crypto arena and DTLA! This home is close to major transits…Only couple blocks from the Blue Line Station that has quick access to get to Downtown LA and Downtown Long Beach (76 Walk Score). This property is perfect investors who are LOOKING IN OPPORTUNITY ZONES! Yes that right, this property is located in an OZ. Investors get to enjoy a nice cash flow off this home with of a pro-forma of $150,000 in gross rents. Amazing est. 6 % CAP rate and a 12.6X GRM. Property has total of 12 bedrooms and 7 baths. First two units offer a 5 bedroom, 3 baths. ADU unit offers 2 bedroom and 1 bath with the garages on the bottom, perfect to build an additional unit once you buy it. This property has all the modern touches in today’s market such as laminate flooring, balconies, recessed lighting, quarts countertops on kitchen, backsplash, central AC, washroom, PAID OFF solar systems, and very low expenses as all units have separate utilities including water meters. Near retailers include Autozone, Tacos Gavilan, Superior Grocers, Jersey Mike’s Subs and many more. This by far is one of the best property in the neighborhood. Come check it out before is gone!

Property Details

Property Features

Property Information:

  • Architectural Style: Modern
  • Year Built: 2024
  • Stories: 2

Listing Office:

  • Office Name: VIP Real Estate Firm
  • Office Phone: (310) 730-9489
  • Listing Agent: Daniel Terrazas

Interior Features

Interior Information:

  • Flooring Type: Laminate
  • Interior: Balcony, Quartz Counters, Recessed Lighting, Primary Suite
  • Fireplace: Dining Room

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Rain Gutters

Parking Information:

  • Garage Space: 2 spaces

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: hooper and 22nd st

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,895,000

Tax Information:

  • Annual Amount: $447
  • 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

1346

1514 E 22nd St vs Los Angeles

30 DAYS ON ROCKET

-8 Days

$1,895,000

+$873.4K More

KEY TAKEAWAY

This property is $873.4K 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: #DW24238017

Listing Office:

  • Office Name: VIP Real Estate Firm
  • Office Phone: (310) 730-9489
  • Listing Agent: Daniel Terrazas

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: 12/21/2024, 9:21:02 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

Aug 18, 2021Home Sold
$470,000

Tax History

YEARPROP. TAXASSESSMENT
2021$447$21,447
2020$436$21,228
2019$345$20,813
2018$337$20,406
2017$337$20,007

History based on county public records data.

Payment Calculator

$9,525

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,748

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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-792351
5
/10

  • 20th Street Elementary School

  • 1353 E 20th St

  • 0.29 miles

  • Public District Grades KG-5

school-card-donut-792352
4
/10

  • Nevin Avenue Elementary School

  • 1569 E 32nd St

  • 0.41 miles

  • Public District Grades KG-5

school-card-donut-792353
4
/10

  • Center for Advanced Learning

  • 4016 S Central Ave

  • 0.70 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,213. The most common annual income of people living in Los Angeles, CA is between $35k-100k. Most families are married, with kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›90011›1514 E 22nd St

This home is located at 1514 E 22nd St in Los Angeles, CA and zip code 90011 in the South LA neighborhood. This home, which was built in 2024, sits on a 0.13 acre lot. It has been listed on Rocket Homes since November 21, 2024 and is currently priced at $1,895,000.

Los Angeles, CA housing market in November 2024 saw over 512 listings sold above listed price, more than 177 sold at listed price and over 657 sold below. Between October 2024 and November 2024, Los Angeles, CA real estate market has seen decrease in the number of listings by 0.6%. In November 2024 median list price was $1,021,532 and the average listing age was 38 days.

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

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