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Listed by: Dana Coronado (310) 562-9630 DRE #01746702 | Compass (818) 783-7721
$925,000
Monthly Est:$4,604
8 Beds
- 4 Baths
3,188sqft
1335 E 21st Street, Los Angeles, CA 90011
$925,000
$4,604/moEst:
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Multi Family
Built in 1965
$-- HOA
6,047 sqft lot
$290/sq.ft
Description
This 4-unit property presents a compelling turnkey investment opportunity with room to grow, featuring a two-story, approximately 3,188 SF building on nearly 6,047 SF of LA[Q]R4-1 zoned land. All 4 units are appx 800 SF 2Br+1Ba units with 8 total parking spaces. The property benefits from stable tenants, many capital improvements, and one fully remodeled unit. Offered at 13.7 GRM and a 5.1% CAP Rate, this is a solid building with strong tenants and good bones. An ideal investment for under $1,000,000 in an area with extremely low historic vacancy, near DTLA, and with significant upside. 70% upside in rents! Additionally, the Seller has multiple feasibility studies and proposals to build up to 2 ADU's in the rear (Buyer to verify). The Seller also has a SB721 Balcony inspection report shows no needed repairs. Conveniently located near Central Avenue, the 10 Freeway, USC, Exposition Park, Downtown Los Angeles, the Fashion District, and LA LIVE, the property offers a combination of current income, value-add potential, and future development upside.
- Houzeo last checked: 14 minutes ago
- Listing updated: October 1, 2026 at 8:07 am
- Source: California Regional MLS-CA | MLS#: 26990899

Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1965
HOA Fees
-
Finished Area
3,188 sqft
Lot Size
6,047 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26990899
MLS Status
Active
Days on Market
15

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 4
Interior
Sewer
Sewer Tap Paid
Window Features
Double Pane Windows
Flooring
Laminate
Heating
Wall Furnace
Appliances
Dishwasher, Microwave, Oven, Refrigerator
Construction
Year Built
Year Built: 1965
Home type
Multi Family
Foundation Details
Raised
Roof
Composition, Shingle
Property Condition
Updated Remodeled
Construction Materials
Frame, Stucco
Utilities & Energy
Security Features
Carbon Monoxide Detectors, Gated Community, Smoke Detectors
Fireplace Features
None
Pool Features
None
Parking Features
Uncovered
Other Features
Tenant Pays
Electricity, Gas, Trash Collection
Community Features
Gated
Patio And Porch Features
Covered
Price History
| Date | Event | Price |
|---|---|---|
09/23/2026 Source: | Listed for Sale | $925,000 $290/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Oct 09, 2026, 04:30AM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being 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. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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