807 E 21st St Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90011
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,340 sqft
Price per Sqft $434
MLS Listing ID 24-439737
Bedrooms 4
Year Built 1898
Lot Size 7,506 Sqft
Acres 0.1723
Property Description
We are pleased to present this great income property nearby USC and Downtown Los Angeles (Convention Center, multiple sports arenas, entertainment, and more). The property is 2 homes on 1 lot zoned LAR2. All tenants are current on rent. A total of 3,340 SF (4 bedrooms and 7.5 baths) on a 7,506 SF lot. The front unit (2,006 SF) consists of 4 beds and 3.5 baths plus a den. The back unit (1,334 SF) was built in 2008 and has 4 studio units. One studio unit to be delivered vacant. Gated parking and coin laundry machines on site generating extra income. Conveniently located nearby the 10 and 110 freeways, shopping centers, markets, cafes, and eateries. The cap rate of 6.5% is based on current gross income ($124,800) and expenses with the new property tax amount at the asking price of $1,450,000.
Location
State CA
County Los Angeles
Area Downtown L.A.
Zoning LAR2
Rooms
Other Rooms None
Interior
Heating Other
Cooling Window Unit(s)
Fireplaces Type Gas
Equipment Dryer, Washer, Range/Oven
Exterior
Garage Driveway, Parking Space, Gated, Other
Garage Spaces 4.0
Pool None
Waterfront Description None
Roof Type Shingle
Building
Lot Description Fenced, Single Lot
Story 2
Sewer In Street
Water Meter on Property
Level or Stories Two
Others
Special Listing Condition Standard