Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

Apartment

Bedrooms

5

Building size

6,006 sqft

Lot size

6,507 sqft

Year built

1914

Stories

2

Garage spaces

0

Pool

None

Status

Active

Days on market

512

MLS #

226786946

About this property

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 4 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. 1 unit can be deliverd vacant at close of escrow

Location

1038 W 21st Street

Los Angeles, Los Angeles, CA, 90007