7
See all 7 photos
$1,300,000
Est. payment /mo
6,507 Sqft Lot
Active
1038 W 21st ST Los Angeles, CA 90007
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Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV25101490
HOA Y/N No
Year Built 1914
Lot Size 6,507 Sqft
Property Sub-Type Apartment
Property Description
Nestled in the vibrant heart of Los Angeles, just blocks away from USC, this property offers an exceptional opportunity for student housing or investment. Comprising two buildings, the front structure features four 1-bedroom, 1-bathroom units, while the rear detached single-family residence boasts a spacious 3-bedroom, 2-bathroom layout. This property is not only a prime location for tenants seeking proximity to educational institutions and city amenities but also a lucrative investment opportunity. The seller is committed to adhering to the City of Los Angeles Rent Control rules and regulations, offering tenant relocation credits up to the maximum allowed, ensuring compliance and smooth transitions. A rare find in a sought-after area, this property combines convenience, potential, and value. Perfect for investors or those looking to capitalize on the demand for student housing in Los Angeles.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LARD1.5
Interior
Fireplace No
Laundry Common Area
Exterior
Pool None
Community Features Street Lights, Suburban, Sidewalks
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Sewer Public Sewer
Water Private
New Construction No
Others
Senior Community No
Tax ID 5124005005
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Standard
Listed by Alex Avilez • JohnHart Corp. • 626-290-6900