Exceptional 5-Unit Investment Opportunity Near USC University Park. Fantastic opportunity to own a newly upgraded 5-unit income-producing property in the highly desirable University Park area, just minutes from USC, Downtown Los Angeles, and numerous dining, entertainment, and educational amenities. The property features a brand-new rear structure consisting of a 2-bedroom/1-bath duplex plus a separate ADU, adding approximately 2,000 square feet of new construction. Each duplex unit is approximately 800 square feet, while the newly constructed ADU offers approximately 400 square feet of thoughtfully designed living space with modern finishes and appliances. The front building features a spacious duplex, with each unit offering 2 bedrooms and 1 bathroom, providing an attractive mix of unit sizes and layouts for rental income. The newly constructed units feature in-unit washer/dryers, brand-new appliances, air conditioning, and contemporary finishes, offering modern comfort and strong rental appeal. With five total units, substantial new construction, modern amenities, and a prime location near USC, this property presents an excellent opportunity for investors seeking a versatile multifamily asset in one of Los Angeles' high-demand rental markets.
For sale
$2,000,000
1435 W 22nd St, Los Angeles, CA 90007
9beds
5baths
4,388sqft
Multi Family
Built in 1921
-- sqft lot
$1,967,800 Zestimate®
$456/sqft
$-- HOA
What's special
- 15 days
- 61
- 2
Zillow last checked:
Listing updated:
Listed by:
Arthur Kumasian DRE # 01234927 323-804-6290,
Kinnect Properties, Inc 323-804-6290
Source: CLAW,MLS#: 26856195
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 5
Heating
- Central, Wall
Cooling
- Air Conditioning, Wall Unit(s)
Appliances
- Included: Disposal, Dryer, Dishwasher, Exhaust Fan, Range/Oven, No Water Heater
Features
- Flooring: Laminate
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 4,388
- Total interior livable area: 4,388 sqft
Property
Parking
- Total spaces: 8
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Spa features: None
- Waterfront features: None
Lot
- Size: 7,143 Square Feet
- Dimensions: 65 x 110
Details
- Additional structures: Accessory Bldgs
- Parcel number: 5055001029
- Zoning: LARD2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco
Condition
- Year built: 1921
Community & HOA
Community
- Security: None
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $456/sqft
- Tax assessed value: $229,426
- Date on market: 8/24/2026
Estimated market value
$1,967,800
$1.87M - $2.07M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/24/2026 | Listed for sale | $2,000,000$456/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $234,014 +2% |
| 2025 | $3,205 +1.7% | $229,426 +2% |
| 2024 | $3,151 +1.6% | $224,928 +2% |
| 2023 | $3,101 +4.3% | $220,518 +2% |
| 2022 | $2,974 +1.7% | $216,195 +2% |
| 2021 | $2,924 -0.8% | $211,957 +1% |
| 2020 | $2,948 | $209,784 +2% |
| 2019 | $2,948 +9.1% | $205,672 +2% |
| 2018 | $2,701 | $201,640 +2% |
| 2017 | $2,701 +2% | $197,687 +2% |
| 2016 | $2,648 +3.3% | $193,812 +1.5% |
| 2015 | $2,564 +0.6% | $190,902 +2% |
| 2014 | $2,549 | $187,164 +2.5% |
| 2012 | -- | $182,667 +2% |
| 2011 | -- | $179,086 -62.2% |
| 2010 | -- | $473,874 -7.1% |
| 2009 | -- | $510,000 -35.3% |
| 2008 | -- | $788,000 +360.1% |
| 2007 | -- | $171,252 +2% |
| 2006 | -- | $167,895 |
| 2005 | -- | $167,895 +4% |
| 2004 | -- | $161,378 +1.9% |
| 2003 | -- | $158,422 +2% |
| 2002 | -- | $155,317 +4% |
| 2000 | -- | $149,288 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: University Park
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