1543 W 22nd Place, Los Angeles, CA 90007

Apartment · For sale · $849,000 · MLS# PW26081006

Apartment for sale in Southern California — $849,000. 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 prope…

1543 W 22nd Place
For sale

$849,000

1543 W 22nd Place, Los Angeles, CA 90007

ApartmentProperty type
1913Year built
4,214 sqft lotLot size
HOA

Facts & features

Interior

Appliances

  • Laundry: None

Property

Lot

  • Lot size: 4,214 sqft

Features

  • Pool features: None

Construction

Type & style

  • Home type: Apartment
  • Property subtype: Apartment

Condition

  • Year built: 1913

Community & HOA

Community

  • Has HOA: No

Financial & listing details

  • Days on market: 94 days
  • Status: Active
  • MLS#: PW26081006

Location

  • City: Los Angeles
  • ZIP: 90007

About this home

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.

Listing updated: April 20, 2026 at 12:39 AM

Listed by: Boris Almengor, Lyon Stahl Investment Real Est

Source: CRMLS, MLS#: PW26081006, Originating MLS: California Regional MLS

Location

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Los Angeles

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Facts & features

Interior

Appliances

  • Laundry: None

Property

Lot

  • Lot size: 4,214 sqft

Features

  • Pool features: None

Construction

Type & style

  • Home type: Apartment
  • Property subtype: Apartment

Condition

  • Year built: 1913

Community & HOA

Community

  • Has HOA: No

Financial & listing details

  • Days on market: 94 days
  • Status: Active
  • MLS#: PW26081006

Location

  • City: Los Angeles
  • ZIP: 90007

Price history

DateEventPrice
4/20/2026Source: CRMLS, #PW26081006Listed for sale$849,000
California Regional Multiple Listing Service (CRMLS)

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 2026-04-20 00:39:03 PDT 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. Properties may or may not be listed by the office/agent presenting the information