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For sale
  • Listing Provided by: 

    Alex Avilez DRE #01271332 626-290-6900,

    JohnHart Corp.

    $1,300,000

    1038 W 21st St, Los Angeles, CA 90007

    --beds
    --baths
    6,006sqft
    : 
    Multi Family
    Built in 1914
    -- sqft lot
    $-- Zestimate®
    $216/sqft
    $-- HOA

    What's special

    Nestled in the vibrant heart of Los Angeles, just blocks away from USC, this property offers an exceptional opportunity for student housing or investment. Comprising two buildings, the front structure features four 1-bedroom, 1-bathroom units, while the rear detached single-family residence boasts a spacious 3-bedroom, 2-bathroom layout. This property is not only a prime location for tenants seeking proximity to educational institutions and city amenities but also a lucrative investment opportunity. The seller is committed to adhering to the City of Los Angeles Rent Control rules and regulations, offering tenant relocation credits up to the maximum allowed, ensuring compliance and smooth transitions. A rare find in a sought-after area, this property combines convenience, potential, and value. Perfect for investors or those looking to capitalize on the demand for student housing in Los Angeles.
    75 days
    on Zillow
    |
    49
    |
    4
    |

    Zillow last checked: 7 hours ago

    Listing updated: May 16, 2025 at 03:06pm

    Listing Provided by:

    Alex Avilez DRE #01271332 626-290-6900,

    JohnHart Corp.

    Source: CRMLS,MLS#: CV25101490MLS LogoOriginating MLS: California Regional MLS
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    Next available tour time:Today at 11:30am

    Facts & features

    Interior

    Appliances
    • Laundry: Common Area
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 6,006
    • Total interior livable area: 6,006 sqft

    Property

    Features
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 6,507 Square Feet
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 5124005005
    • Zoning: LARD1.5
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1914

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Private

    Community & HOA

    Community
    • Features: Street Lights, Suburban, Sidewalks
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $216/sqft
    • Tax assessed value: $362,361
    • Annual tax amount: $5,470
    • Date on market: 5/9/2025
    • Listing terms: 1031 Exchange
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