663 W 21st Street, Los Angeles, CA 90007

Los Angeles
Local realty services provided by:ERA Donahoe Realty
663 W 21st Street,Los Angeles, CA 90007
$695,000
  • 4 Beds
  • 3 Baths
  • 2,376 sq. ft.
  • Multi-family
  • Active
Upcoming open houses
  • Sun, Mar 15
    01:00 pm - 02:00 pm
Listed by: eliza kerndian
Office: keller williams beverly hills
MLS#:26657335
Source:CRMLS

Price summary

  • Price:$695,000
  • Price per sq. ft.:$292.51

About this home

Prime investment opportunity near the heart of Downtown Los Angeles and the highly sought-after USC area! Welcome to 633 W 21st Street, a well-maintained three-unit residential income property offering strong rents, updated interiors, low operating costs, and exceptional long-term upside. Nestled in a high-demand rental corridor west of the 110 Freeway, north of Adams Blvd, south of Washington Blvd, and between Figueroa & Hoover, this location provides unbeatable access to USC, Exposition Park, LA Coliseum, Banc of California Stadium, Downtown LA job centers, public transit, and major freeways.This two-story building features an excellent unit mix ideal for stable cash flow: one 3-bedroom/3-bath unit, and two 1-bedroom/1-bath units. The property delivers a combined monthly rent of $5,887, producing $70,644 in annual gross income, supported by a strong 7% cap rate and 9.9 GRMa rare find in this location and price segment. Current rents: 1BR @ $1,510, 1BR @ $1,673, and 3BR @ $2,740....

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Home facts

  • Year built:1928
  • Listing ID #:26657335
  • Added:16 day(s) ago
  • Updated:March 06, 2026 at 06:28 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:3
  • Kitchen Description:Disposal
  • Living area:2,376 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1928
  • Building area:2,376 sq. ft.
  • Lot area:0.05 Acres

Finances and disclosures

  • Price:$695,000
  • Price per sq. ft.:$292.51

Features and amenities

  • Appliances:Disposal

Parking

  • Parking description:On Street
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