1038 W 21st Street Los Angeles, CA ^$ 975,000

1038 W 21st Street

^$ 975,000

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1038 W 21st Street

Los Angeles, CA, 90007

^$ 975,000

Studio Baths1.0 Sq 6,006

Monthly Estimate*

^$ 6,003

Listed by TOP PRODUCERS REALTY PARTNERS

1038 W 21st Street, Los Angeles, CA 90007 - Image 1

1038 W 21st Street, Los Angeles, CA 90007 - Image 2

1038 W 21st Street, Los Angeles, CA 90007 - Image 3

1038 W 21st Street, Los Angeles, CA 90007 - Image 4

1038 W 21st Street, Los Angeles, CA 90007 - Image 5

1038 W 21st Street, Los Angeles, CA 90007 - Image 6

1038 W 21st Street, Los Angeles, CA 90007 - Image 7

Studio

Multi-Family Home for sale in Los Angeles, CA

for $975,000 with 1 full bath. This 6,006 square foot home was built in 1914 on a lot size of 0.1494.

Located just blocks from USC in the heart of Los Angeles, this prime investment property features two buildings: a front four-unit structure with 1-bedroom, 1-bath units, and a rear detached single-family home with 3 bedrooms and 2 baths. Ideal for student housing or long-term investment, it offers strong rental potential in a high-demand area. The seller complies with Los Angeles Rent Control regulations and provides tenant relocation credits up to the maximum allowed. A rare opportunity combining location, value, and income potential.

Multi-Family Active

Price

^$ 975,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1494

Year Built

1914

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

CV25101490

Days on Market

394

Features

General

Sewer Public Sewer

Zoning LARD1.5

Garage Spaces 0

Pool Features None

Year Built 1914

Property Subtype Apartment

Gross Income 0

Community Features Street Lights Suburban Sidewalks

County Los Angeles

Net Operating Income 64022

Operating Expense 9046

Insurance Expense 4547

New Construction false

Property Type Residential Income

Contingency 1031 Exchange

Garage Y/N false

Special Listing Conditions Standard

Status Active

Directions In between S Union Ave and Toberman St

City Los Angeles

Entry Location 1

Senior Community Y/N false

Number Of Units Total 5

MLS Area C42 - Downtown L.A.

Lot Size Units Square Feet

Lot Size Square Feet 6507

Number of Units Leased 5

Listing Terms 1031 Exchange

Property Attached Y/N true

Land Lease Y/N false

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 1600

Additional Parcels Y/N false

Rent Control Y/N true

Building Area Units Square Feet

Standard Status Active

Year Built Source Assessor

Tax Lot 5

Total Actual Rent 6089

Property Sub Type Additional Apartment

Interior

Total Stories 2

Common Walls 2+ Common Walls

Laundry Features Common Area

Entry Level 1

Exterior

Lot Features 0-1 Unit/Acre

Water Source Private

Total Parking 0

Lot Size Area 6507

Number of Buildings 1

Building Area Total 6006

Lot Size Acres 0.1494

Private Pool false

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 5

Number of Separate Electric Meters 5

* Excluded Features

List By

Top Producers Realty Partners

Broker

alex@alexavilez.com

Affordability Calculator

$6,003

Per Month

Monthly Principal & Interest: $6,003
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% 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.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,876,539

Percent of Sale Price 92%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/20/2025	$975,000		Listed Price

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1038 W 21st Street, Los Angeles, CA, 90007 is a Multi-Family Home for sale at $975,000 with 6,006 sqft and a lot size of 0.1494. 1038 W 21st Street is a studio with 1.0 baths and was built in 1914. The property's zip code is 90007 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 4/7/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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1038 W 21st Street

Multi-Family Home for sale in Los Angeles, CA

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