Check Availability
$1,400,000
↓ $51K (3.5%)
Multifamily - For Sale

1038 W 21st Street

Los Angeles, CA 90007
bedrooms
7 Beds
bathrooms
5 Baths
square feet
6006 Sqft
$6,875
Estimated Monthly
$0
HOA / Fees

About This Property

Welcome to an exceptional investment opportunity nestled in the vibrant heart of Los Angeles, mere minutes away from the prestigious USC campus and the dynamic Downtown LA district. This multi-family property is not just a home; it's a strategic investment that promises substantial returns.
This unique offering comprises a well-maintained 4-plex at the front, there is a single-family residence discreetly situated at the rear of the property, providing a touch of privacy and versatility.

Positioned in close proximity to USC and Downtown LA, this property enjoys the benefits of an ever-growing and desirable rental market. The strategic location ensures a steady influx of potential tenants, making it an ideal addition to any investor's portfolio.

To sweeten the deal, the seller is generously offering a $150,000 allowance for the new owner to facilitate the seamless relocation of tenants. This not only streamlines the transition but also provides the flexibility to implement improvements or modifications as desired.

For the privacy and convenience of the current tenants, we kindly request interested parties to conduct drive-by viewings only. Please refrain from contacting the tenants directly. Detailed financials and additional property information are available upon request to qualified buyers.

Don't miss out on this golden opportunity to elevate your investment portfolio. Seize the chance to own a multi-family property strategically located near USC and Downtown LA, ensuring both immediate and long-term profitability. Contact us today to take the next step in securing your financial success.

The manager has listed the unit size as 6006 square feet.
Unit Size
6,006Ft²
Days on Market
124 days
Land Size
0.15 acres
Price per sqft
$233
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1914
Listed By
ALEX AVILEZ
EXCELLENCE SOCAL REAL ESTATE
Last updated: 13 days ago (MRMLSCA #CV23230167)

Price History

Date / Event Date Event Price
Apr 17, 2024 Price Decreased $1,400,000
↓ $51K (3.5%)
Price Decreased
Dec 27, 2023 Listed by Excellence SoCal Real Estate $1,450,888
Listed by Excellence SoCal Real Estate

Property Highlights

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
6 Beds
4 Baths
4,368 ft²
$315/ft²
$1,375,000 May 18, 2023
-
-
Multifamily
6 Beds
4 Baths
4,342 ft²
$299/ft²
$1,299,999 Aug 16, 2023
-
-
Multifamily
8 Beds
4 Baths
3,679 ft²
$353/ft²
$1,299,000 Jun 24, 2023
-
-
Quadruplex
8 Beds
4 Baths
3,784 ft²
$344/ft²
$1,300,000 Nov 21, 2023
-
-
Multifamily
6 Beds
5 Baths
1 ft²
$1,300,000/ft²
$1,300,000 Oct 5, 2023
-
-
Multifamily
5 Beds
3 Baths
2,418 ft²
$537/ft²
$1,299,000 Oct 23, 2023
-
-
Other
Loft
-
3,018 ft²
$480/ft²
$1,450,000 Aug 24, 2023
-
-
Other
Loft
-
2,986 ft²
$435/ft²
$1,299,000 May 3, 2022
-
-
Other
Loft
-
3,124 ft²
$384/ft²
$1,200,000 Nov 3, 2023
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200929
09/29/2020
Studio
-
6006 ft²
$1,250,000
bedrooms
Studio
bathrooms
-
square feet
6006 ft²
-
-
-
ALEX AVILEZ
EXCELLENCE SOCAL REAL ESTATE

Building Info

1038 West 21st Street 1038 West 21st Street, Los Angeles, CA 90007
  • 1 Unit for Sale
More about this Building
1038 West 21st Street
Want to find out who owns 1038 West 21st Street, Los Angeles, CA 90007? Get detailed property transactions here .

About South LA


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