1335 E 21st St, Los Angeles, CA 90011
1335 E 21st St, Los Angeles, CA 90011
1335 E 21st St, Los Angeles, CA 90011
30
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$925,000
Est. payment /mo
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8 Beds
4 Baths
3,188 SqFt
New

1335 E 21st St Los Angeles, CA 90011

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Todd Kingsley

Todd Kingsley

+1(310) 710-8633

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,188 sqft

Price per Sqft $290

MLS Listing ID 26990899

Style Low Rise

Bedrooms 8

Construction Status Updated/Remodeled

Year Built 1965

Lot Size 6,047 Sqft

Acres 0.1389

Property Sub-Type Multi-Family

Property Description

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.

Location

State CA

County Los Angeles

Area Downtown L.A.

Zoning LAR4

Rooms

Other Rooms None

Kitchen Formica Counters

Interior

Interior Features Turnkey

Heating Wall

Cooling Window Unit(s)

Flooring Laminate

Fireplaces Type None

Equipment Range/Oven, Dishwasher, Microwave, Refrigerator

Exterior

Parking Features Uncovered

Garage Spaces 8.0

Pool None

Waterfront Description None

View Y/N Yes

View City

Roof Type Composition, Shingle

Handicap Access None

Building

Lot Description Fenced Yard

Story 2

Foundation Raised

Sewer In Connected and Paid

Water Public

Architectural Style Low Rise

Level or Stories Two

Structure Type Frame, Stucco

Construction Status Updated/Remodeled

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Compass

NEARBY SCHOOL & BUSINESS

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Todd Kingsley

Todd Kingsley

Agent License ID: 02118744

+1(310) 710-8633

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