868 W 21st Street Los Angeles, CA ^$ 700,000

868 W 21st Street

^$ 700,000

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868 W 21st Street

Los Angeles, CA, 90007

^$ 700,000

Bedrooms2 Baths2.0 Sq 1,528

Monthly Estimate*

^$ 4,890

Listed by Century 21 A Better Service

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Multi-Family Home for sale in Los Angeles, CA

for $700,000 with 2 bedrooms and 2 full baths. This 1,528 square foot home was built in 1923 on a lot size of 0.0371.

Location, location, cash flow, cash flow, Welcome to this charming duplex nestled in a highly sought-after area, just minutes away from downtown LA, close to USC, Los Angeles memorial coliseum, Los Angeles Convention center, crypto.com Arena and major freeways. This property features two units, each offering 1 bedroom and 1 bathroom, meticulously maintained, check comps, property is under value because is being sold with tenants, 868 W - 1 br/ 1 bath tenant paying $1,311, 870 W - 1 br/ 1 bath tenant section 8 paying $1,316. Actual rents proforma on section 8 ,on this neighborhood Pays for 1 br $2,407. The units boast a clean and updated interior, perfect for modern living, This property also offers the lowest list price in the area, making it a great investment opportunity in a prime location. Don't miss out on this rare chance to own a piece of real estate in this desirable neighborhood! THIS PROPERTY WILL NOT LAST

Multi-Family Active

Price

^$ 700,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Duplex

Lot Size

0.0371

Year Built

1923

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

DW24031915

Days on Market

Features

General

Sewer PublicSewer

Zoning LARD1.5

Garage Spaces 0.0

Pool Features None

Year Built 1923

Property SubType Duplex

Gross Income 57768.0

Community Features StreetLights Sidewalks

County Los Angeles

Net Operating Income 54408.0

Operating Expense 3360.0

Insurance Expense 1200.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Contingency Property under the market value because is beign sold with tenants Broker/Agent does not guarantee accuracy of square footage lot size zoning rent control permits use codes schools and/or other inf

Garage Y/N N

Special Listing Conditions Standard

Status ActiveUnderContract

Directions West of 110 FWY and south of 10 FWY

City Los Angeles

Entry Location Front gate

View Y/N N

Senior Community Y/N N

Total Units 2

MLS Area C42 - Downtown L.A.

Lot Size Square Feet 1615.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name 21st

Listing Terms CashtoNewLoan

Property Attached Y/N N

Land Lease Y/N N

Electric Expense 1565.0

Home Warranty Y/N N

Fuel Expense 595.0

Trash Expense 0.0

Water Sewer Expense 0.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 58

Building Area Units SquareFeet

Standard Status ActiveUnderContract

Year Built Source Assessor

Tax Lot 1

Property Sub Type Additional Duplex

Expected Active Date 2024-02-19

Exterior

Lot Features Item01UnitAcre

Water Source Public

Total Parking 0.0

Lot Size Area 1615.0

Number of Buildings 1

Spa N

Building Area Total 1528.0

Lot Size Acres 0.0371

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 2

Number of Separate Electric Meters 2

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Common Walls NoCommonWalls

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Street

Laundry Features None

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 868

* Excluded Features

List By

Century 21 A Better Service

Broker

(562) 500-4668

Phone

Affordability Calculator

$4,890

Per Month

Monthly Principal & Interest: $4,890
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$2,000,821

Percent of Sale Price 186%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/19/2024	$700,000		Listed Price

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868 W 21st Street, Los Angeles, CA, 90007 is a Multi-Family Home for sale at $700,000 with 1,528 sqft and a lot size of 0.0371. 868 W 21st Street has 2 bedrooms, 2.0 baths, and was built in 1923. The property's zip code is 90007 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 4/27/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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868 W 21st Street

Multi-Family Home for sale in Los Angeles, CA

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