1444 W 22nd Street, Los Angeles, CA 90007

USC Adjacent! Under $200/SF with ADUs! 1444 W 22nd

St is a value add 4-Plex comprised of (4) Massive 986

Sq. Ft 1-Bed/1-Bath units delivered with 1 vacancy.

These Huge units can be converted into 3-Bedroom

Units! The property has FULL RTI Approved Permits= for

(2) additional 1-Bed/1-Bath ADUs! With ADUs converting one unit into a 2-Bedroom, 1444 22nd

operates at a 9.21% Cap Rate (Pre Construction Costs).

Rare to find a property so close to USC with this much

upside and will stabilize near a 14% Cap Rate!

Using a conservative budget, after rehabbing the

available unit and building the 2 Approved ADUs, your

true cap rate will be over 7% before even touching the

occupied units. Give us a call and we can walk you

through this deal. You'll never find a USC DPS zone

multi-family at this Price per Square Foot Again.

Located in the 90007 Zip Code and in the USC DPS

Zone, the subject property is steps from USC, Banc of

California Stadium and the Los Angeles Coliseum.

THE SF REFLECTED REPRESENTS THE ADU CONVERSION