Share This Listing

Message

964 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Newer Mini Split AC/Heating Units
  • Convenient location to USC
  • Newer Double Pane Windows

Executive Summary

Positioned in the heart of Los Angeles’ University Park district, 1276 W 22nd Street presents a rare opportunity to acquire a large 4-unit multifamily property offering 3,700 square feet of living area and strong long-term growth potential. Originally built in 1905, this charming historic structure blends architectural character with modernized improvements, including recently replaced mini-split air conditioning systems that reduce maintenance costs and improve tenant appeal. Each unit enjoys functional layouts, and the property includes a dedicated laundry room with washer and dryer, plus six on-site parking spaces, a valuable commodity in this high-demand urban corridor. The location is a true driver of sustained rental performance. Situated just minutes from the University of Southern California (USC) which is home to over 40,000 students and steps from Exposition Park, the Natural History Museum, and the LA Memorial Coliseum, this property benefits from constant housing demand from students, faculty, and working professionals. The Expo Line light-rail station is within close distance, connecting residents directly to Downtown LA and Santa Monica, while the nearby I-10 Freeway provides fast access across the city. For investors, this property represents an excellent opportunity to stabilize, reposition, or hold for steady cashflow in one of Los Angeles’ most supply-constrained rental markets. With strong underlying land value, historic charm, and transit-oriented proximity to major employment and education hubs, 1276 W 22nd Street offers both immediate income potential and long-term upside in a neighborhood poised for continued growth.

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $154,502 $41.76
Other Income - -
Vacancy Loss - -
Effective Gross Income $154,502 $41.76
Taxes - -
Operating Expenses - -
Total Expenses $70,228 $18.98
Net Operating Income $84,274 $22.78

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual $154,502
Annual Per SF $41.76
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $154,502
Annual Per SF $41.76
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $70,228
Annual Per SF $18.98
Net Operating Income (CAD)
Annual $84,274
Annual Per SF $22.78

Property Facts

Price $1,811,882 CAD
Price Per Unit $452,971 CAD
Sale Type Investment
Cap Rate 4.65%
Gross Rent Multiplier 12.6
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.14 AC
Building Size 3,700 SF
Average Occupancy 75%
No. Stories 2
Year Built 1905
Parking Ratio 1.62/1,000 SF
Zoning RD2 - Quadruplex 4 Units Any Combination

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Disposal
  • Washer/Dryer
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Dining Room
  • Double Pane Windows
  • Large Bedrooms

Site Amenities

  • Laundry Facilities
  • Individual Locking Bedrooms
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2 4 - 925
Very walkable
80/100
Moderately drivable
70/100
Exceptional public transit
90/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
5055-019-018
Land Assessment
$1,431,483 CAD
Improvements Assessment
$488,003 CAD
Total Assessment
$1,919,485 CAD
  • Listing ID: 41496531

  • Date on Market: 2026-07-30

  • Last Updated:

  • Address: 1276 W 22nd St, Los Angeles, CA 90007

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}