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1335 E 21st Street

Los Angeles, CA 90011
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Bed 8

Bed

Bath 4

Bath

SqFt3,188

Sqft

SqFt6,047

Sqft(Lot)

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 sh ows 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.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $925,000

AD Id : 91447862

MLS Id : 26990899

Beds : 8

Lot Size : 6,047 Sq. Ft

Living Area Size : 3,188 Sq. Ft

Year Built : 1965

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 8

    Bathroom Information

    Total Baths: 4

    Roofing Information

    Composition, Shingle

    Flooring Information

    Laminate
  • Interior Features

    Roof: Composition, Shingle
    Appliances: Dishwasher, Microwave, Oven, Refrigerator
    Window Features: DoublePaneWindows
  • Heating & Cooling

    Has Heating: Yes Heating: WallFurnace

  • Building Information

    Year Built: 1965
    Building Area Total: 3188
    Construction Materials: Frame, Stucco
    Stories: 2
    Patio And Porch Features: Covered
    Pool Features: None
    Private Pool: No
    View: CityLights

  • Lot Information

    Main Square Feet: 6047 Lot Size Acres: 0.1388 Lot Size Source: Assessor Lot Size Square Feet: 6,047

  • Listing Price Information

    Listing Price: $925000

  • Tax Information

    Parcel Number: 5119001013

  • Location Information

    Direction: Head North on S Central Ave. Make a right onto E 21st St. The subject property is on the left. Security Features: CarbonMonoxideDetectors,GatedCommunity,SmokeDetectors
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1554 E 24th Street, Los Angeles, CA, 90011 $499,900 2 1 650 2,079 Sq. Ft
1654 E 32nd Street, Los Angeles, CA, 90011 $597,000 5 3 1,588 4,996 Sq. Ft
1655 E 42nd Street, Los Angeles, CA, 90011 $695,000 2 1 1,196 5,307 Sq. Ft
2214 Hooper, Los Angeles, CA, 90011 $2,588,888 9 -- -- 5,662 Sq. Ft
4321 Honduras Street, Los Angeles, CA, 90011 $1,849,500 14 8 5,341 5,361 Sq. Ft
1583 E Martin Luther Ki.., Los Angeles, CA, 90011 $639,995 2 1 1,144 5,142 Sq. Ft
1325 E Adams Boulevard, Los Angeles, CA, 90011 $1,070,000 7 6 2,838 6,315 Sq. Ft
1519 E 41st, Los Angeles, CA, 90011 $645,000 3 2 1,020 5,464 Sq. Ft
1580 E 45th Street, Los Angeles, CA, 90011 $670,000 4 2 1,210 5,202 Sq. Ft
4439 Lima Street, Los Angeles, CA, 90011 $600,000 3 2 1,013 3,769 Sq. Ft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/29/2026 @ 13:55

MLS: 26990899 LISTED BY: Dana Coronado, Compass 818-783-7721 SOURCE: CRMLS

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