IMPROVED PRICE to sell !! Don't miss out on this exceptional income-producing opportunity!! Seize this rare opportunity to own a high-yield, fully remodeled student housing property just minutes from USC and Downtown Los Angeles. Strategically located with easy access to the 10 Freeway, this TURNKEY 5-Units is designed for strong rental demand and maximum returns. The property features a completely renovated 4-unit main house with (2) 3-bedroom units on the first floor and (2) 2-bedroom units on the second floor, totaling 10 bedrooms and 10 bathrooms. Additionally, newly constructed 5-unit ADU offers 5 more bedrooms and bathrooms, increasing rental income potential. Each unit comes fully furnished with modern appliances, in-unit washers and dryers, sleek kitchens, hardwood floors, and premium finishes throughout all designed for hassle-free management and top-tier tenant appeal. With strong rental upside, a prime location near one of the nation's top universities, and a completely updated interior, this investment is built for success.
For sale
Price cut: $200K (7/30)
$2,950,000
1016 W 21st St, Los Angeles, CA 90007
15beds
15baths
4,033sqft
Est.:
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$731/sqft
$-- HOA
What's special
Premium finishesCompletely updated interiorSleek kitchensModern appliancesHardwood floorsIn-unit washers and dryers
- 125 days
- on Zillow |
- 53 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: August 07, 2025 at 12:41pm
Listed by:
J. Geo Kim DRE # 01855390 310-779-8213,
GAIA 310-779-8213,
Hikari Eguma DRE # 02235090 213-512-7018,
GAIA
Source: CLAW,MLS#: 25523587

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 15
- Bathrooms: 15
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Microwave, Oven, Dryer, Dishwasher, Range/Oven, Refrigerator, Washer, Other Water Heater Type, Central Water Heater
- Laundry: In Kitchen
Features
- Has fireplace: Yes
- Fireplace features: Kitchen
Interior area
- Total structure area: 4,033
- Total interior livable area: 4,033 sqft
Property
Parking
- Total spaces: 5
- Parking features: Driveway, Garage - 2 Car, Gated
- Has garage: Yes
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Entry location: Living Room
- Pool features: None
- Spa features: None
Lot
- Size: 6,503.51 Square Feet
Details
- Additional structures: None
- Parcel number: 5124005001
- Zoning: LARD1.5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family
Materials
- Concrete
Condition
- Updated/Remodeled
Community & HOA
Community
- Security: Other
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $731/sqft
- Tax assessed value: $1,300,000
- Annual tax amount: $16,437
- Date on market: 4/10/2025
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