22522 Clarendon Los Angeles, CA 91367
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 2,884 sqft
Price per Sqft $622
MLS Listing ID SR26159934
Bedrooms 4
Full Baths 5
HOA Y/N No
Year Built 1947
Lot Size 0.550 Acres
Property Sub-Type Duplex
Property Description
Welcome to 22522 & 22524 Clarendon Street—a highly desirable and fully gated income-producing compound featuring two detached single-family homes on a sprawling, flat 12,420 sq. ft. lot. Accessible via a wide rear alley and secured by a recently installed iron fence and gate, this property offers incredible immediate cash flow along with massive upside for ADU conversion and future expansion.
The Front House (22522 Clarendon): Beautifully updated, this 1,125 sq. ft. home offers 2 bedrooms and 2.5 bathrooms. It boasts extensive recent upgrades, including a brand new roof, new HVAC system, new flooring, fresh paint, and modern recessed lighting. This turnkey unit is ready to lease at projected market rents of 3,500 to 3,500 to 3,900/month, or it serves as a perfect owner-user home.
The Back House (22524 Clarendon): Offering 1,152 sq. ft. of comfortable living space, the back home features 2 bedrooms and 2 bathrooms, plus a newly built separate storage structure that serves as a dedicated laundry area. This unit is currently tenant-occupied at $2,800/month (with immediate room for a 5% increase), providing steady income from day one.
Unmatched ADU & Development Upside: A major highlight of this property is the newly constructed, 600 sq. ft. 3-car garage (a $135,000 investment built just one year ago). The groundwork has already been laid for an incredibly low-cost ADU conversion—plumbing connections are already routed! Transform this structure into a lucrative 1-2 bedroom / 2-bath ADU to maximize your cap rate. Additionally, the massive 12,420 sq. ft. lot provides ample remaining space to build another unit or extend the existing homes.
Whether you are an investor looking to capitalize on existing cash flow with a clear path to high-yield value-add, or a buyer looking to live in one home and rent the other, this property is a rare find. Properties with this level of structural upgrades, alley access, and pre-plumbed ADU potential do not last long.
(Buyer to independently verify all square footage, lot size, zoning, rent control laws, and development/ADU potential with the city.)
Location
State CA
County Los Angeles
Area 699 - Not Defined
Rooms
Main Level Bedrooms 4
Interior
Interior Features All Bedrooms Down, Jack and Jill Bath
Heating Central
Cooling Central Air
Fireplaces Type None
Fireplace No
Laundry Electric Dryer Hookup, Gas Dryer Hookup, Inside
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Biking, Suburban
View Y/N No
View None
Total Parking Spaces 2
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Dwelling Type Duplex
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Schools
School District Los Angeles Unified
Others
Senior Community No
Tax ID 2040025004
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, Contract, Cal Vet Loan, Fannie Mae
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, Contract, Cal Vet Loan, Fannie Mae
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
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