INCREDIBLE UPSIDE INVESTMENT OPPORTUNITY! Potential to build up to four (4) additional ADUs in the area currently designated for parking, creating significant future income potential Prime 4-unit investment opportunity just steps from USC and located within the USC Security Patrol Zone. This newly restored apartment building offers an exceptional location near USC, the LA Memorial Coliseum, BMO Stadium, the Natural History Museum, and Downtown Los Angeles. Subject to LA City RSO rent control, the property presents significant upside potential with one unit currently eligible for eviction due to non-payment. Based on comparable rentals in the area, a renovated unit may support substantially higher rental income. Ideal for investors or owner-occupants seeking a value-add opportunity with strong long-term cash flow potential in one of Los Angeles' most well-priced rental markets.
For sale
Listed by: The Agency • Cassie French • Contact: 650-245-8911
$875,000
1256 W 22nd St, Los Angeles, CA 90007
10beds
10baths
2,436sqft
:
Get pre-qualified$5,886/mo
Quadruplex
Built in 1901
-- sqft lot
$863,500 Zestimate®
$359/sqft
$-- HOA
What's special
- 42 days |
- 338 |
- 25 |
Zillow last checked:
Listing updated:
Listed by:
Cassie French DRE #02154751 650-245-8911,
The Agency
Source: CRMLS,MLS#: OC26126352
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 10
Rooms
- Room types: Family Room, Kitchen
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Gas Range
- Laundry: See Remarks
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 2,436
- Total interior livable area: 2,436 sqft
Property
Parking
- Parking features: Driveway Level, Driveway, On Site, Paved, One Space
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: None
Lot
- Size: 5,859 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 5055019021
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Materials
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1901
Utilities & green energy
- Sewer: Public Sewer
- Water: See Remarks
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Street Lights
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $359/sqft
- Tax assessed value: $469,173
- Annual tax amount: $6,085
- Date on market: 6/11/2026
- Cumulative days on market: 42 days
- Listing terms: Cash,Cash to New Loan,Conventional
- Total actual rent: 3244
- Tenant pays: Electricity, Gas
Estimated market value
$863,500
$820,000 - $907,000
$2,246/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/11/2026 | Listed for sale | $875,000+17.1%$359/sqft |
Source:  CRMLS #OC26126352 Report a problem | ||
| 3/24/2026 | Sold | $747,282-15.1%$307/sqft |
Source: Public Record Report a problem | ||
| 8/20/2025 | Listing removed | $879,900$361/sqft |
Source:  SDMLS #SR25058501 Report a problem | ||
| 6/23/2025 | Listed for sale | $879,900-18.5%$361/sqft |
Source: SDMLS #SR25058501 Report a problem | ||
| 5/1/2024 | Listing removed | -- |
Source:  CLAW #23-329639 Report a problem | ||
| 11/9/2023 | Listed for sale | $1,080,000+35%$443/sqft |
Source: CLAW #23-329639 Report a problem | ||
| 9/28/2021 | Sold | $800,000+142.4%$328/sqft |
Source: Public Record Report a problem | ||
| 11/25/2003 | Sold | $330,000$135/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,085 +1.4% | $469,173 +2% |
| 2024 | $6,003 +1.8% | $459,974 -43.6% |
| 2023 | $5,897 -39.9% | $816,000 +2% |
| 2022 | $9,811 +76.5% | $800,000 +84.6% |
| 2021 | $5,559 -0.9% | $433,446 +1% |
| 2020 | $5,611 | $429,003 +2% |
| 2019 | $5,611 +6.1% | $420,593 +2% |
| 2018 | $5,286 | $412,347 +2% |
| 2017 | $5,286 +2.1% | $404,263 +2% |
| 2016 | $5,178 +2.7% | $396,337 +1.5% |
| 2015 | $5,042 +0.5% | $390,384 +2% |
| 2014 | $5,015 | $382,738 +2.5% |
| 2012 | -- | $373,539 +2% |
| 2011 | -- | $366,216 +0.8% |
| 2010 | -- | $363,480 -0.2% |
| 2009 | -- | $364,344 +2% |
| 2008 | -- | $357,201 +2% |
| 2007 | -- | $350,198 +2% |
| 2006 | -- | $343,332 |
| 2005 | -- | $343,332 +4% |
| 2004 | -- | $330,000 +978.1% |
| 2003 | -- | $30,608 +2% |
| 2002 | -- | $30,009 +4% |
| 2000 | -- | $28,845 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: University Park
Nearby schools
GreatSchools rating
- 6/10Norwood Street Elementary SchoolGrades: K-6Distance: 0.4 mi
- 5/10John Adams Middle SchoolGrades: 6-8Distance: 1.2 mi
- 3/10West Adams Preparatory High SchoolGrades: 9-12Distance: 0.3 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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