1335 E 21st Street, Los Angeles, CA 90011

Los Angeles
Local realty services provided by:ERA North Orange County Real Estate
1335 E 21st Street,Los Angeles, CA 90011
$850,000
  • 8 Beds
  • 4 Baths
  • 3,188 sq. ft.
  • Multi-family
  • Active
Listed by: dana coronado
Office: compass818-783-7721
MLS#:26990899
Source:CRMLS

Price summary

  • Price:$850,000
  • Price per sq. ft.:$266.62

About this home

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 12.59 GRM and a 5.61% 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...

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Home facts

  • Year built:1965
  • Listing ID #:26990899
  • Added:49 day(s) ago
  • Updated:November 12, 2026 at 01:08 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Flooring:Laminate
  • Kitchen Description:Dishwasher, Microwave, Oven, Refrigerator
  • Living area:3,188 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Roof:Composition, Shingle
  • Year built:1965
  • Building area:3,188 sq. ft.
  • Lot area:0.14 Acres
  • Construction Materials:Frame, Stucco
  • Exterior Features:Covered
  • Foundation Description:Raised
  • Levels:2 Story

Utilities

  • Sewer:Sewer Tap Paid

Finances and disclosures

  • Price:$850,000
  • Price per sq. ft.:$266.62

Features and amenities

  • Appliances:Dishwasher
  • Amenities:Carbon Monoxide (CO2) Detector

Parking

  • Total parking spaces:8
  • Parking description:Uncovered
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