Properties

Los Angeles, CA 90007 1038 W 21st Street

1038 W 21st Street Los Angeles, CA - Image 11038 W 21st Street Los Angeles, CA - Image 21038 W 21st Street Los Angeles, CA - Image 3
2 more
1038 W 21st Street Los Angeles, CA - Image 41038 W 21st Street Los Angeles, CA - Image 51038 W 21st Street Los Angeles, CA - Image 6
Presented By: Alex Avilez with TOP PRODUCERS REALTY PARTNERS; 626-290-6900
  • MLS# CV25101490
  • 03/10/2025
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  • Baths • 1
  • SQFT • 6,006

Home Details

Located just blocks from USC in the heart of Los Angeles, this prime investment property features two buildings: a front four-unit structure with 1-bedroom, 1-bath units, and a rear detached single-family home with 3 bedrooms and 2 baths. Ideal for student housing or long-term investment, it offers strong rental potential in a high-demand area. The seller complies with Los Angeles Rent Control regulations and provides tenant relocation credits up to the maximum allowed. A rare opportunity combining location, value, and income potential.
Presented By: Alex Avilez with TOP PRODUCERS REALTY PARTNERS; 626-290-6900

Interior Features for 1038 W 21st Street

Other Interior Features

Common Walls2+ Common Walls
Laundry FeaturesCommon Area
Total Stories2

Other Rooms

Entry Level1

General for 1038 W 21st Street

Additional Parcels Y/NNo
Building Area UnitsSquare Feet
CityLos Angeles
Community FeaturesStreet Lights, Suburban, Sidewalks
Contingency1031 Exchange
CountyLos Angeles
DirectionsIn between S Union Ave and Toberman St
Electric Expense
Entry Location1
Fuel Expense
Garage Spaces
Garage Y/NNo
Gross Income
Insurance Expense4547
Land Lease Y/NNo
Listing Terms1031 Exchange
Lot Size Square Feet6507
Lot Size UnitsSquare Feet
MLS AreaC42 - Downtown L.A.
Net Operating Income64022
New ConstructionNo
Number Of Units Total5
Number of Units Leased5
Operating Expense9046
Pool FeaturesNone
PostalCityLOS ANGELES
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot5
Total Actual Rent6089
Trash Expense0
Water Sewer Expense1600
Year Built1914
Year Built SourceAssessor
ZoningLARD1.5

Exterior for 1038 W 21st Street

Building Area Total6006
Lot Features0-1 Unit/Acre
Lot Size Acres0.1494
Lot Size Area6507
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters5
Number of Separate Gas Meters5
Number of Separate Water Meters1
Private PoolNo
Total Parking0
Water SourcePrivate

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $975,000
MLS#CV25101490
List Date 03/10/2025
Property Type Multi-Family
Phone 888.795.6274
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