663 W 21st Street, Los Angeles, CA 90007

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
663 W 21st Street,Los Angeles, CA 90007
$695,000
  • 4 Beds
  • 3 Baths
  • 2,376 sq. ft.
  • Multi-family
  • Active
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:1 day(s) ago
  • Updated:February 27, 2026 at 12:42 PM

Rooms and interior

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

Heating and cooling

  • Heating:Wall Furnace

Structure and exterior

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

Finances and disclosures

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

Features and amenities

  • Appliances:Disposal
Based on information from California Regional Multiple Listing Service, Inc. as of February 27, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. 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.

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