663 W 21st Street, Los Angeles, CA 90007

Los Angeles
Local realty services provided by:ERA North Orange County Real Estate
663 W 21st Street,Los Angeles, CA 90007
$595,000
  • 4 Beds
  • 3 Baths
  • 2,376 sq. ft.
  • Multi-family
  • Active
Listed by: eliza kerndian
Office: keller williams beverly hills310-432-6400
MLS#:26762587
Source:CRMLS

Price summary

  • Price:$595,000
  • Price per sq. ft.:$250.42

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 8% cap rate and 8.8 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 #:26762587
  • Added:1 day(s) ago
  • Updated:April 29, 2026 at 04:34 AM

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:$595,000
  • Price per sq. ft.:$250.42

Features and amenities

  • Appliances:Disposal

Parking

  • Parking description:On Street
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