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.
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
Est.:
Multi Family
Built in 1914
-- sqft lot
$-- Zestimate®
$216/sqft
$-- HOA
What's special
- 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#: CV25101490
Originating MLS: California Regional MLS

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Tour with a buyer's agent
Tour with a buyer's agent
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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