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1335 E 21st Street Los Angeles, CA $ 925,000
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$ 925,000 Get more info
1335 E 21st Street
$ 925,000
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1335 E 21st Street

Los Angeles, CA, 90011
$ 925,000
Bedrooms8 Baths1.0 Sq 3,188

Monthly Estimate*

$ 6,389

Listed by Dana Coronado, Compass, dana@incomepropertiesla.com
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Multi-Family Home for sale in Los Angeles, CA

for $925,000 with 8 bedrooms and 1 full bath. This 3,188 square foot home was built in 1965 on a lot size of 0.1388.

This 4-unit property presents a compelling turnkey investment opportunity with room to grow, featuring a two-story, approximately 3,188 SF building on nearly 6,047 SF of LA[Q]R4-1 zoned land. All 4 units are appx 800 SF 2Br+1Ba units with 8 total parking spaces. The property benefits from stable tenants, many capital improvements, and one fully remodeled unit. Offered at 13.7 GRM and a 5.1% CAP Rate, this is a solid building with strong tenants and good bones. An ideal investment for under $1,000,000 in an area with extremely low historic vacancy, near DTLA, and with significant upside. 70% upside in rents! Additionally, the Seller has multiple feasibility studies and proposals to build up to 2 ADU's in the rear (Buyer to verify). The Seller also has a SB721 Balcony inspection report shows no needed repairs. Conveniently located near Central Avenue, the 10 Freeway, USC, Exposition Park, Downtown Los Angeles, the Fashion District, and LA LIVE, the property offers a combination of current income, value-add potential, and future development upside.

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Multi-Family Active

Price

$ 925,000

Bedrooms

8

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1388

Year Built

1965

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

26990899

Days on Market

21
Features
General
Living Area 3188
Sewer Sewer Tap Paid
Heating Wall Furnace
Roof Composition Shingle
Appliances Dishwasher Microwave Oven Refrigerator
Zoning LAR4
Patio/Porch Features Covered
Pool Features None
Security Features Carbon Monoxide Detector(s) Gated Community Smoke Detector(s)
Construction Materials Frame Stucco
Year Built 1965
Tenant Pays Electricity Gas Trash Collection
View City Lights
Stories Count 2
Levels Two
Gross Income 67492
Community Features Gated
Accessibility None
County Los Angeles
Net Operating Income 46729
New Construction false
Property Type Residential Income
HOA false
Facing Direction South
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions Head North on S Central Ave. Make a right onto E 21st St. The subject property is on the left.
City Los Angeles
Entry Location Ground Level w/steps
Senior Community Y/N false
Open Parking Spaces 8
Number Of Units Total 4
MLS Area C42 - Downtown L.A.
Lot Size Units Square Feet
Lot Size Square Feet 6047
Spa Features None
Property Attached Y/N true
Property Condition Updated/Remodeled
Additional Parcels Y/N false
Rent Control Y/N true
Standard Status Active
Occupancy Type Tenant
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Interior
Flooring Laminate
Fireplace Features None
Total Stories 2
Common Walls 1 Common Wall
Heating Y/N true
Window Features Double Pane Windows
Fireplace Y/N false
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 8
Total Baths 4
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Exterior
Parking Features Uncovered
Total Parking 8
Lot Size Area 6047
Foundation Details Raised
Number of Buildings 1
Spa false
Building Area Total 3188
Lot Size Acres 0.1388
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
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* Excluded Features
List By
Dana Coronado

Listing Agent

Compass

Broker

dana@incomepropertiesla.com

Email

Affordability Calculator

$6,389
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Monthly Principal & Interest
$6,389
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Default based on a 30-year fixed rate of 7.375% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/23/2026$925,000 Listed Price

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1335 E 21st Street, Los Angeles, CA, 90011 is a Multi-Family Home for sale at $925,000 with 3,188 sqft and a lot size of 0.1388. 1335 E 21st Street has 8 bedrooms, 1.0 baths, and was built in 1965. The property's zip code is 90011 which is in Los Angeles, CA

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