Skip To Content

1335 E 21st Street

Los Angeles (City), CA 90011
  • $899,000
  • STATUS: Pending
  • ON SITE: 15 Days
  • ID#: OC22163939
Pending
UPDATED: 51 min ago
$899,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1965
County:

School Ratings & Info

Listing Agent(s): Brian Noh of Nohco Real Estate (213-804-7647)


Description

4 unit apartment offering a tremendous value add opportunity for a local and experienced investor to capitalize on the growing rents in the area.The entire property is comprised of a two story buildings totaling 3,188sf and built in 1965. It sits on almost 6,047sf of R4 zoned land in a designated Opportunity Zone. All of the units are Two Bedroom, in good condition, and has month to month tenants all paying rent with no delinquencies.The rear provides ample parking for two spaces for each unit, enough space to construct a new ADU, and offers a potential developer huge opportunity to build on the R4 zoned land and to maximize unit density in a high demand rental market. Location south of the 10 fwy, east of the 110 fwy, and 2 miles to USC, Exposition Park, Downtown LA, the fashion district, LA Live., Restaurants & Shops.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-12T21:36:22.027. 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 deemed reliable but is not guaranteed accurate by the MLS or Rogers Realty Group/Berkshire Hathaway HomeServices California Properties. Licensed in the State of California, USA.
www.searchsocalrealestate.com/homes/131330447
Print Image

1335 E 21st Street Los Angeles (City), CA 90011

  • Price: $899,000
  • Status: Pending
  • On Site: 15 Days
  • Updated: 51 min ago
  • ID#: OC22163939
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1965
Built
Neighborhood:
C42 - Downtown L.A.
County:
Los Angeles
Area:
C42 - Downtown L.A.
Property Description
4 unit apartment offering a tremendous value add opportunity for a local and experienced investor to capitalize on the growing rents in the area.The entire property is comprised of a two story buildings totaling 3,188sf and built in 1965. It sits on almost 6,047sf of R4 zoned land in a designated Opportunity Zone. All of the units are Two Bedroom, in good condition, and has month to month tenants all paying rent with no delinquencies.The rear provides ample parking for two spaces for each unit, enough space to construct a new ADU, and offers a potential developer huge opportunity to build on the R4 zoned land and to maximize unit density in a high demand rental market. Location south of the 10 fwy, east of the 110 fwy, and 2 miles to USC, Exposition Park, Downtown LA, the fashion district, LA Live., Restaurants & Shops.
Exterior Features

Construction Materials Stucco Lot Features 2-5 Units/AcreFront Yard Number Of Separate Electric Meters 4 Open Parking Spaces 8 Parking Features On SiteUncovered Parking Total 8 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 1 Common Wall Cooling Wall/Window Unit(S) Cooling YN Yes Fireplace Features None Fireplace YN No Flooring LaminateTile Heating Wall Furnace Heating YN Yes Interior Features Ceiling Fan(S)

Property Features

Additional Parcels YN No Common Interest Community Apartment Community Features CurbsSidewalks Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 57753 Gross Scheduled Income 57753 Insurance Expense 0 Land Lease YN No Laundry Features Washer HookupGas Dryer Hookup Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional Net Operating Income 32657 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 23363 Possession Close Of Escrow Property Sub Type Quadruplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 4813 Trash Expense 0 Utilities Cable AvailableElectricity AvailableNatural Gas AvailablePhone AvailableSewer AvailableSee RemarksWater Available Water Sewer Expense 0 Water Source Public Zoning Lar4



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-12T21:36:22.027. 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 deemed reliable but is not guaranteed accurate by the MLS or Rogers Realty Group/Berkshire Hathaway HomeServices California Properties. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_369462161-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_369462161-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_369462161-1.jpg
Logo
Rogers Realty Group/Berkshire Hathaway HomeServices California Properties
1063 W Sixth Street
Ontario CA, 91762
Listing Agent(s): Brian Noh of Nohco Real Estate (213-804-7647)