4006 West 21st Street
Los Angeles, CA, 90018 $ 1,100,000
Baths0.0 Sq 2,900 Monthly Estimate*
$ 7,311
Studio
for $1,100,000. This 2,900 square foot home was built in 1923 on a lot size of 0.14.
Rare Opportunity in highly desirable Arlington Heights, ideally located neighboring Country Club Park, Western Heights, Koreatown, and West Adams, near the heart of vibrant Mid-City. This Two-Story Spanish Colonial Style Duplex built in 1923 has exceptional appeal. If you are a developer, investor or owner/user looking for a prime asset in a rapidly appreciating neighborhood, this is it! Attractive, given its timeless craftmanship and its location within minutes of the 10 and 405 FWY. An easy commute by car or public transit across Los Angeles to DTLA, LAX, employment centers, restaurants of diverse cuisines, shopping, museums, and Westside beaches! Arlington Heights is a great place to live and an ideal location to own multifamily property. The downstairs and upstairs units have nearly identical floor plans with 2 bedrooms and 1 bathroom, a spacious living room, formal dining room, kitchen and laundry room boasting nearly 1,450 sq feet each. Each unit has the feel of your very own single-family home. For those looking to maximize value, the (3) 1-car garages, currently used for storage, present the potential for conversion into ADUs, further increasing rental income. Additionally, new roof was installed in 2021. With 2,900 square feet of living space on a 6,098 square foot LARD2 zoned TOC Tier 2 lot, this property offers versatility, location, and huge upside potential at market rents or upon redevelopment. Existing rents are low and both units will be delivered AS-IS, tenant occupied. This is a community experiencing a tremendous growth with incredible historic landmarks and amazing architecture sprawled throughout. Investment in this area is poised to appreciate for years to come. Submit offer subject to interior inspection today.
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FeaturesGeneralHeating Wall Furnace Fireplace(s)
Zoning LARD2
Security Features Smoke Detector(s) Carbon Monoxide Detector(s)
Year Built 1923
Levels Two
County Los Angeles
Net Operating Income 0.0
New Construction No
Property Type C
HOA / Comm Assn No
Status Active
City Los Angeles
Buyer Agent Compensation 2.00
Senior Community Y/N No
MLS Area C16 - Mid Los Angeles
Lot Size Square Feet 6100.0
Street Name 21st
Standard Status Active
Buyer Agent Compensation Type %
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ExteriorParking Features Garage Driveway
Lot Size Area 6100.0
Building Area Total 2900.0
Lot Size Acres 0.14
Lot Size Units Square Feet
Land Lease Type Fee
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InteriorHeating Y/N Yes
Street Suffix Street
Laundry Features Individual Room
Total Baths 0
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* Excluded FeaturesList ByChristie ThomasListing Agent
Coldwell Banker Champion RealtyBroker
Affordability Calculator
- Monthly Principal & Interest
- $7,311
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Los Angeles, CA
Average List Price $1,994,668
Percent of Sale Price 81%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
11/15/2023 | $1,100,000 | | Listed Price |