1543 W 22nd Pl presents an opportunity to acquire a 4-unit value-add asset in a strong Central Los Angeles rental pocket near USC and Exposition Park. Offered at $849,000, or approximately $212,250 per unit, the property features attractive in-place income with meaningful upside through repositioning to market rents. Based on the offering figures provided, the asset is currently operating at a 4.78% cap rate and 13.16 GRM, with upside to a 9.41% pro forma cap rate and 8.09 pro forma GRM.
The property is well located near USC’s University Park Campus and Exposition Park, one of Los Angeles’ most active cultural and entertainment hubs. Exposition Park is home to BMO Stadium, the California Science Center, the Natural History Museum, and the California African American Museum, creating long-term demand drivers tied to education, employment, recreation, and tourism. The location also benefits from access to the Metro E Line through Expo Park/USC Station, connecting tenants to Downtown Los Angeles, Santa Monica, and the broader Metro system.
In addition to its immediate fundamentals, the property stands to benefit from continued investment in the surrounding area. Exposition Park is also the future home of the Lucas Museum of Narrative Art, scheduled to open in 2026, adding another major destination to the neighborhood. Combined with convenient access to the 10 and 110 Freeways and a unit mix that supports strong rental growth potential, 1543 W 22nd Pl offers investors the opportunity to acquire a well-located multifamily asset with both stable current income and compelling long-term upside.
104 days
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281
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17
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Zillow last checked:
Listing updated:
Listed by:
Boris AlmengorDRE #02092597balmengor23@gmail.com,
Lyon Stahl Investment Real Est,
Cameron SamimiDRE #02035763,
Lyon Stahl Investment Real Estate, Inc.
Source: CRMLS,MLS#: PW26081006Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 7
Bathrooms: 4
Appliances
Laundry: None
Features
Common walls with other units/homes: 2+ Common Walls
Interior area
Total structure area: 3,168
Total interior livable area: 3,168 sqft
Property
Parking
Parking features: None
Features
Levels: Two
Stories: 2
Entry location: Front
Pool features: None
Lot
Size: 4,214 Square Feet
Features: 0-1 Unit/Acre
Details
Parcel number: 5054023032
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes
Condition
New construction: No
Year built: 1913
Utilities & green energy
Sewer: Public Sewer
Water: Public
Community & HOA
Community
Features: Urban
Location
Region: Los Angeles
Financial & listing details
Price per square foot: $268/sqft
Tax assessed value: $618,940
Annual tax amount: $7,869
Date on market: 4/20/2026
Listing terms: Cash,Cash to New Loan,Conventional,FHA
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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