807 E 21St Street

Los Angeles, CA 90011

$1,450,000

List Price

4

bed Beds

7

shower Baths

3,340 sqft

straighten / sqft

1898

calendar_month Built

Property Description

We are pleased to present this great income property nearby USC and Downtown Los Angeles (Convention Center, multiple sports arenas, entertainment, and more). The property is 2 homes on 1 lot zoned LAR2. All tenants are current on rent. A total of 3,340 SF (4 bedrooms and 7.5 baths) on a 7,506 SF lot. The front unit (2,006 SF) consists of 4 beds and 3.5 baths plus a den. The back unit (1,334 SF) was built in 2008 and has 4 studio units. One studio unit to be delivered vacant. Gated parking and coin laundry machines on site generating extra income. Conveniently located nearby the 10 and 110 freeways, shopping centers, markets, cafes, and eateries. The cap rate of 6.5% is based on current gross income ($124,800) and expenses with the new property tax amount at the asking price of $1,450,000.

Listing Information

List Price $1,450,000
Status Active
MLS 24439737
Type Residential Income
Year Built 1898
Lot Size 7,506
Structure Size 3,340
DOM 46
Courtesy Of Sunnyside Group
Listing Agent Yoon Kwak DRE#01749340

Interior Features

Total Bedroom
Bedrooms 4
Total Bathroom
Bathrooms 7
Fireplace Information
Features Gas

Exterior Information

Maps

Listing information courtesy of: Yoon Kwak, Sunnyside Group 213-290-3771. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 1st, 2024 at 5:19 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.