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Map
$1,400,000
↓ $51K (3.5%)
●
Multifamily -
For Sale
1038 W 21st Street
Los Angeles, CA 90007
7 Beds
5 Baths
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.
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
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
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Active
Multifamily
6
Beds
4
Baths
4,368 ft²
$315/ft²
$1,375,000
May 18, 2023
-
-
Active
Multifamily
6
Beds
4
Baths
4,342 ft²
$299/ft²
$1,299,999
Aug 16, 2023
-
-
Active
Quadruplex
8
Beds
4
Baths
3,784 ft²
$344/ft²
$1,300,000
Nov 21, 2023
-
-
Active
Multifamily
6
Beds
5
Baths
1 ft²
$1,300,000/ft²
$1,300,000
Oct 5, 2023
-
-
In Contract
Multifamily
5
Beds
3
Baths
2,418 ft²
$537/ft²
$1,299,000
Oct 23, 2023
-
-
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
09/29/2020
|
|
Studio
|
-
|
6006 ft²
|
$1,250,000
Studio
-
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