#IN25133507, Leticia Alvarez, Listing office: RE/MAX Alliance Group

1217 E 22nd St Los Angeles, CA 90011
Property details
About 1217 E 22nd St
Huge Discount! Don’t miss your chance at a Brand New Construction Multi Family Investment Property appraised at $2.6M with an Outstanding cap rate of 9.284% Duplex units are Tri-Level & the ADU is Two-stories. This project is located in a hot rental area. Location, location, location! Multi family units are in high demand in this area. This project being Brand New Construction, units are easy to lease out. Property has little to no maintenance; super convenient for the owner. Year Built 2024 -Front (Duplex 1217 & 1217 1/2) •Duplex (Each unit): 7 Beds 7 Baths X2 •3 stories •Each Duplex Unit approx.2,173.5 sqft X2 = 4,347 sqft -Rear (ADU 1219) •ADU: 3 Bedrooms 3 Bathrooms •2 story •1,189 sqft Total: 17 Bedrooms 17 Bathrooms Total approx. Living sqft: 5,536 Lot approx. sqft: 6,013.1 Note:Property is fully leased with an Outstanding cap rate of 9.284% Buyer(s) to independently verify all information on this listing. Listing agent is not liable for any information that turns out incorrect. The accuracy of all information, regardless of source, including but not limited to square footages, lot sizes, income, and expenses, is deemed reliable but not guaranteed.
Highlights
Summary
- Fireplace: None
- Private Pool: No
- Parking: Assigned
- Heating: Central
- Cooling: Central Air
- List Price: $2,400,000
- Directions: on 22nd St, closest major street Central Ave & Washington Blvd
- Year Built: 2024
- Stories: 3
- Lot Size: 0.138 Acres
- MLS Number: DW25160431
- MLS Name: CRMLS
- Office Name: First Family Homes
- Office Phone: (562) 417-2653
- Listing Agent: Yossmira Hernandez
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
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Last updated on: 7/24/2025, 10:45:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
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Tax history
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Nearby schools
5
Norwood Street Elementary School
Public District KG-5
0.3 mi
•2020 Oak St
4
Magnolia Avenue Elementary School
Public District PK-5
0.5 mi
•1626 Orchard Ave
6
Vermont Avenue Elementary
Public District KG-5
0.6 mi
•1435 W 27th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $16,525. Most Los Angeles, CA residents have annual incomes less than $<35k. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.
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Frequently asked questions
About 1217 E 22nd St
The listing price of 1217 E 22nd St property is $2,400,000.
The property 1217 E 22nd St is a multi located in Los Angeles, California, 90011.
Active Listing: 1217 E 22nd St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1217 E 22nd St are: Norwood Street Elementary School (GreatSchools Rating 5/10), Magnolia Avenue Elementary School (GreatSchools Rating 4/10), Vermont Avenue Elementary (GreatSchools Rating 6/10), Downtown Value (GreatSchools Rating 4/10), Camino Nuevo Elementary #3 (GreatSchools Rating 4/10), Berendo Middle School (GreatSchools Rating 4/10), Alliance Gertz-Ressler Richard Merkin 6-12 Complex (GreatSchools Rating 6/10), West Adams Preparatory High School (GreatSchools Rating 3/10), New Designs Charter (GreatSchools Rating 6/10).
The year of construction for 1217 E 22nd St is 2024.
This home is located at 1217 E 22nd St in Los Angeles, CA and zip code 90007 in the University Park neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since July 18, 2025 and is currently priced at $2,400,000.
In June 2025 more than 282 listings in Los Angeles, CA were sold above the asking price. During the same period more than 108 listings were sold at asking price, while more than 339 were sold below. Between May and June 2025, Los Angeles, CA real estate market has seen increase in the number of listings by 9%. The median list price of listings available in June 2025 was $876,067, while the average time on the real estate market was 34 days.