1020 22nd, Los Angeles (city), CA 90007

This charming 1912 Queen Anne Victorian duplex & guesthouse is located 4 minutes from USC in the booming University Park HPOZ. The duplex consists of a 1 bed 1 ba unit w/ fireplace on 1st floor & 2nd unit is a 2 story 2 bed 1 ba. The SFR guesthouse has 2 bed & 1 ba. This property has The Mills Act Tax Exemption in place which is currently saving the owner 37% per year on property taxes. All units are individually metered for utilities and have parking. All units are occupied and tenants are paying market value +. Gross monthly income $3,925.00. Located just minutes away from downtown, The Staple Center & the 700 million dollar USC Village development project opening in 2017 which will include a Trader Joe's, dining, entertaining & shopping. Don't miss out on this great investment opportunity in this hot, hot area of LA! Do not disturb tenants. Do not walk on property dog present. Showings by appointment only w/ listing agent. Must send POF & lender pre-approval before showing