1335 E 21st Street, Los Angeles, CA 90011

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
1335 E 21st Street,Los Angeles, CA 90011
$925,000
  • 8 Beds
  • - Baths
  • 3,188 sq. ft.
  • Multi-family
  • Active
Listed by: dana coronado
Office: compass
MLS#:CL26990899
Source:Bay East, CCAR, bridgeMLS

Price summary

  • Price:$925,000
  • Price per sq. ft.:$290.15

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 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...

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Home facts

  • Year built:1965
  • Listing ID #:CL26990899
  • Added:4 day(s) ago
  • Updated:September 28, 2026 at 03:00 PM

Rooms and interior

  • Bedrooms:8
  • Flooring:Laminate
  • Living area:3,188 sq. ft.

Heating and cooling

  • Heating:Wall Furnace

Structure and exterior

  • Year built:1965
  • Building area:3,188 sq. ft.
  • Lot area:0.14 Acres
  • Construction Materials:Stucco

Finances and disclosures

  • Price:$925,000
  • Price per sq. ft.:$290.15

Features and amenities

  • Amenities:Smoke Detector(s)

Parking

  • Parking description:Uncovered Parking Space
MLS LogoBay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at September 28, 2026

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