1348 E 21st St Los Angeles, CA 90011
Central Alameda NeighborhoodEstimated payment $4,272/month
Total Views
9,604
3
Beds
3
Baths
2,240
Sq Ft
$310
Price per Sq Ft
Highlights
- Neighborhood Views
- Park
- Wrought Iron Fence
- Cooling System Mounted To A Wall/Window
- Laundry Room
- Vinyl Flooring
About This Home
Attention Investors and Agents. This 3-unit multi-family property is located in close proximity to Downtown LA, this property offers the flexibility to either build or continue collecting rent.This large multi-family dwelling is nearing completion just 10 doors down, enhancing the neighborhood's appeal. Currently configured as a 1-bedroom, it can easily be converted to a 2-bedroom with the addition of a simple door. The kitchen includes a cozy dining area, and there's a convenient indoor laundry room. The property has seen various upgrades over the years, ensuring it's well-maintained. Situated next to the newly revitalized Central Park Recreation Center, residents have access to community pools and recreation rooms. Onsite parking is ample, with direct access at the rear of the property via alley access. The location is unbeatable, with proximity to the Arts District, Fashion District, USC, and a quick commute into Downtown LA. The property has recently passed the LA city inspection, adding peace of mind for potential buyers. Multiple new builds in the immediate area signal ongoing development and increased property value. This is a must-see to appreciate all it offers. Subject to interior inspection. Call with any questions.
Listing Agent
Keller Williams Pacific Estate Brokerage Phone: 562-355-8060 License #01281205 Listed on: 06/11/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,816
Year Built
- Built in 1935
Lot Details
- 5,748 Sq Ft Lot
- 1 Common Wall
- Wrought Iron Fence
- Density is up to 1 Unit/Acre
Home Design
- Triplex
- Shingle Roof
Interior Spaces
- 2,240 Sq Ft Home
- 2-Story Property
- Vinyl Flooring
- Neighborhood Views
- Carbon Monoxide Detectors
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Parking
- 6 Parking Spaces
- Parking Available
- Driveway
Utilities
- Cooling System Mounted To A Wall/Window
- Natural Gas Connected
- Private Water Source
- Sewer Paid
Listing and Financial Details
- Legal Lot and Block 25 / 3
- Tax Tract Number 25
- Assessor Parcel Number 5119004002
- $418 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 3 Units
Recreation
- Park
Building Details
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Water Sewer Expense $3,000
- Operating Expense $7,836
- Gross Income $36,000
- Net Operating Income $28,804
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,816 | $366,627 | $171,792 | $194,835 |
| 2023 | $4,729 | $359,439 | $168,424 | $191,015 |
| 2022 | $4,518 | $352,392 | $165,122 | $187,270 |
| 2021 | $4,454 | $345,484 | $161,885 | $183,599 |
| 2020 | $4,494 | $341,943 | $160,226 | $181,717 |
| 2019 | $4,327 | $335,239 | $157,085 | $178,154 |
| 2018 | $4,235 | $328,666 | $154,005 | $174,661 |
| 2016 | $4,032 | $315,906 | $148,026 | $167,880 |
| 2015 | $3,976 | $311,162 | $145,803 | $165,359 |
| 2014 | $4,008 | $305,067 | $142,947 | $162,120 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/01/2024 10/01/24 | Price Changed | $695,000 | -3.3% | $310 / Sq Ft |
| 06/11/2024 06/11/24 | For Sale | $719,000 | -- | $321 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | United Title Company Westlak | |
| Interfamily Deed Transfer | -- | United Title Company Westlak | |
| Interfamily Deed Transfer | -- | United Title Company Westlak |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $206,000 | Purchase Money Mortgage | |
| Closed | $206,000 | Purchase Money Mortgage |
Source: Public Records
Similar Homes in Los Angeles, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW24118647
APN: 5119-004-002
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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
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