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1283 W 22nd St, Los Angeles, CA 90007

Sale Price: $1,110,000
Oct 14, 20242,060 sqft5 beds4 baths
Listed by: Adam Shamooelian
License #: 02116849
Phone #: 310-658-2668
Keller Williams Beverly Hills
Source:
CRMLS Logo
MLS #: 24452529

Property Description

Discover this beautifully restored Victorian gem, seamlessly blending original character with modern designer updates for today's lifestyle. This fully renovated 5 bedroom + 3.5 bathroom is ready to move in for any home buyers looking to move into the fast-growing area as well as having the dual potential to achieve incredible rents as a USC Student Housing Investment Opportunity. Located in the highly desirable DPS Patrol Zone, and walking distance to the University of Southern California (USC), the home has been lovingly restored over the years, including the foundation, roof, new electrical, new HVAC systems, plumbing, stainless steel kitchen appliances, on-site washer & dryer, brand new bathroom renovations including tiled showers with glass enclosures, and much more. The kitchen is a chef's dream, featuring Carrera marble countertops, a prep island, stainless steel appliances, and a custom built-in pantry. Step through the back door to a lovely wood deck overlooking a thoughtfully landscaped yard with large planters, trees, and garden areas. The bedrooms in the property are spacious, ensuring comfort and a welcoming atmosphere for any future resident. The home will be delivered vacant, giving any buyer the opportunity to generate rental income instantly. In addition, there's an excellent value-add opportunity to construct and ADU, and further increase cash flow for an owner-user or investor (Buyer to Verify). This is a rapidly growing neighborhood, a true community located in the heart of the USC ecosystem and is minutes away from campus as well as the USC Village, Trader Joe's, City Target and lots of great amenities and restaurants.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$13,128

TurboHome Estimated Value

$1,050,100

$510 sqft

High Valuation
$1,102,605
$535/sqft
Normal Valuation
$1,050,100
$510/sqft
Low Valuation
$997,595
$484/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$510/sqft$1,050,100

Neighborhood: South Los Angeles

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Comparative Value

$860K

$899K

$1.11M

$1.18M

$1.23M

$1.30M

1445 W 22nd St, Los Angeles, CA 90007

Sale Price: $860,000

Selected Comparable

3798 S La Salle Ave, Los Angeles, CA 90018

Sale Price: $899,000

Selected Comparable

1283 W 22nd St, Los Angeles, CA 90007

Sale Price: $1,110,000

Selected Comparable

2324 Portland St, Los Angeles, CA 90007

Sale Price: $1,175,000

Selected Comparable

1283 W 22nd St, Los Angeles, CA 90007

List Price: $1,225,000

Subject Property

2907 Halldale Ave, Los Angeles, CA 90018

Sale Price: $1,300,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1283 W 22nd St, Los Angeles, CA 90007

1283 W 22nd St, Los Angeles, CA 90007

List: $1,225,000

Listed: 10/14/2024

Area:2,060 sqft
Price/sqft:$595
Beds:5
Baths:4
Year Built:
Lot Size:4,922

Comparable Properties

COMPARABLE
Choose comps
1445 W 22nd St, Los Angeles, CA 90007

1445 W 22nd St, Los Angeles, CA 90007

Sale: $860,000

8/15/20250.23 mi

Area:2,144 sqft
Price/sqft:$401
Beds:5
Baths:4
Year Built:
Weight:23.7%
1283 W 22nd St, Los Angeles, CA 90007

1283 W 22nd St, Los Angeles, CA 90007

Sale: $1,110,000

1/23/20250.00 mi

Area:2,060 sqft
Price/sqft:$539
Beds:5
Baths:4
Year Built:
Weight:23.3%
2324 Portland St, Los Angeles, CA 90007

2324 Portland St, Los Angeles, CA 90007

Sale: $1,175,000

6/2/20250.37 mi

Area:2,301 sqft
Price/sqft:$511
Beds:5
Baths:4
Year Built:
Weight:21.5%
3798 S La Salle Ave, Los Angeles, CA 90018

3798 S La Salle Ave, Los Angeles, CA 90018

Sale: $899,000

5/19/20251.70 mi

Area:1,824 sqft
Price/sqft:$493
Beds:5
Baths:5
Year Built:
Weight:16.8%
2907 Halldale Ave, Los Angeles, CA 90018

2907 Halldale Ave, Los Angeles, CA 90018

Sale: $1,300,000

6/18/20251.10 mi

Area:1,920 sqft
Price/sqft:$677
Beds:4
Baths:3
Year Built:
Weight:14.7%

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