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1420 W 22nd Street Los Angeles, CA 90007
$1,350,000 10 beds, 7 baths
2, 443 sqft
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Welcome to 1420-1422 W. 22nd Street, a turnkey student housing investment located within the USC DPS Patrol Zone, just minutes from the University of Southern California (USC). The property consists of a substantially renovated front residence and a newly constructed rear ADU, offering a total of 10 bedrooms, 7 bathrooms, 6 on-site parking spaces, and a strong 7.61% cap rate. The front residence at 1420 W. 22nd Street has undergone extensive permitted improvements, including updated plumbing, electrical systems, and fully permitted bathroom renovations, and is configured as a 5-bedroom, 4-bathroom residence. Complementing the property is the newly constructed rear residence at 1422 W. 22nd Street, completed in 2024 and thoughtfully designed as a 5-bedroom, 3-bathroom ADU featuring modern construction, high-quality finishes, and minimal future capital expenditure. The entire exterior was also upgraded in 2024 with new hardscape and paving, creating an attractive, low-maintenance environment that enhances both curb appeal and tenant appeal. The property's efficient layout, modern improvements, and proximity to USC make it well suited for rent-by-the-room student housing, offering immediate cash flow in one of Los Angeles' strongest rental markets. Conveniently located near USC, USC Village, Exposition Park, and the Metro E Line, the property benefits from exceptional student housing demand driven by its walkable location and close proximity to campus. Buyer to verify all permits, square footage, and property information to their own satisfaction.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 26858661
List price is $1,350,000
Beds: 10
Baths: 7
Built in 1901
2,443 sqft
1 story
0.14 acres
Lot size: 0.1353
County: Los Angeles
Zoning: LARD2
MLS area: C16 - Mid Los Angeles

Last Updated: 7/21/2026

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This listing belongs to the C16 - Mid Los Angeles MLS area

Lat/Long: 34.035757, -118.289681.
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Listing Agent: Adam Shamooelian
Lic#: 01276603
Office Name: Tustin

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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