NOT LISTED FOR SALE

4050 W 21st St Los Angeles, CA 90018

Arlington Heights Neighborhood

Estimated Value: $955,000 - $1,229,000

4 Beds
4 Baths
3,512 Sq Ft
$298/Sq Ft Est. Value

Last Sold January 22, 2024

Last sale price $950,000 $271 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $6,772/month

38 Days on Market

About This Home

As of January 2024

Tis the season for Fannie Mae 5% down payment opportunity for multi-family homes! This exceptional Mid-City Fourplex with 1-Vacant Unit was built in 1925 and boasts 3,512+/- sq/ft of livable space. The two-story unit mix features (4) 1 bedrooms/1 bath units. Formal living and dining room outlines the judicious and spacious floor plans. For added convenience, (4) covered parking spaces. Low maintenance building is separately metered for gas & electrical with1-main water meter. Located north of the Santa Monica Freeway this is a rare opportunity to acquire a multi-family gem in such a coveted location. Excellent proximity to I-10, Lafayette Square, Victoria Park and plenty of food options, such as Insta famous Spaccio Salumeria! Centralized location with value-add opportunity, LA investing at its best!

Last Agent to Sell the Property

Giuseppe Zumbo

Corcoran Icon Properties License #01753412 Listed on: 11/09/2023

Corcoran Icon Properties

Last Buyer's Agent

Jeffrey Park

New Star Realty License #01967670

New Star Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,946

Year Built

  • Built in 1925

Lot Details

  • 6,339

Home Design

  • Raised Foundation
  • Rolled or Hot Mop Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,512 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Covered Parking

Additional Features

  • 6,339 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for electricity, gas, cable TV
  • The owner pays for water
  • Assessor Parcel Number 5060-010-031

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,946

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Advertising Remarks: Priced to Sell.. This Exceptional Mid-City Fourplex with 1-Vacant Unit was built in 1925 and boasts 3,512+/- sq/ft of livable space. The two-story unit mix features (4) 1 bedrooms/1 bath units. Formal living and dining room outlines the judicious and spacious floor plans. For added convenience, (4) covered parking spaces. Low maintenance building is separately metered for gas & electrical with1-main water meter. Located North of the Santa Monica Freeway this is a rare opportunity to acquire a multi-family gem in such a coveted location. Excellent proximity to I-10, Lafayette Square, Victoria Park and plenty of food options, such as Insta famous Spaccio Salumeria! Centralized location with value-add opportunity. LA investing at its best!
  • Living Area: 3512
  • Lot Acreage: 0.1455
  • Probate: Yes
  • Stories: 2
  • Year Built: 1925
  • Number Of Photos: 36
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Common Walls: Attached
  • Total Bathrooms: 4.00
  • Equipment: Range/Oven, Refrigerator
  • Price Per S Q F T: 270.50

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Foundation Details: Concrete Perimeter, Raised
  • Pool: No
  • Roof: Rolled/Hot Mop
  • Spa Yn: No

Garage/Parking

  • Other Spaces: 4
  • Parking Garage: Covered Parking
  • Total Parking: 4

Utilities

  • Heating: Wall Gas
  • Water: Public

Lot Info

  • Assessed Improvement Percent: 53.57
  • Assessed Improvement Value: 33274
  • Assessed Land Percent: 46.43
  • Assessed Land Value: 28835
  • Total Assessed Value: 62109
  • Assessor Parcel Number: 5060-010-031
  • Lot Location: Flats
  • Lot Size Area: 6339

Rental Info

  • Court Approve: No
  • Total Actual Rent: 4300.00
  • Owner Pays: Water
  • Tenant Pays: Electricity, Gas, Cable TV

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 14.00
  • Number Of Units: 4
  • Total Annual Expense: 0
  • Type Of Units: 1 bedrooms
  • Vacancy Rate: 25%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2023
Closed on
Jan 3, 2024
Sold by
Allen George F
Bought by
Song Sook Hee and Yoo Seung Dong
Seller's Agent
Giuseppe Zumbo
Corcoran Icon Properties
Buyer's Agent
Jeffrey Park
New Star Realty
List Price
$1,100,000
Sold Price
$950,000
Premium/Discount to List
-$150,000
-13.64%
Views
389
Current Estimated Value
$1,054,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,920
Avg. Annual Appreciation
6.56%
Original Mortgage
$650,000
Outstanding Balance
$639,976
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$407,713
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Song Sook Hee $950,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Song Sook Hee $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2024 01/22/24 Sold $950,000 0.0% $271 / Sq Ft
12/17/2023 12/17/23 Pending -- -- --
12/07/2023 12/07/23 Price Changed $950,000 -13.6% $271 / Sq Ft
11/09/2023 11/09/23 For Sale $1,100,000 -- $313 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

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
2025 $11,946 $969,000 $678,300 $290,700
2024 $11,946 $948,600 $663,000 $285,600
2023 $1,314 $62,109 $28,835 $33,274
2022 $1,276 $60,892 $28,270 $32,622
2021 $1,238 $59,699 $27,716 $31,983
2019 $1,213 $57,931 $26,895 $31,036
2018 $1,103 $56,796 $26,368 $30,428
2016 $1,022 $54,593 $25,345 $29,248
2015 $1,012 $53,774 $24,965 $28,809
2014 $1,046 $52,721 $24,476 $28,245
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2024

    Giuseppe Zumbo

    Corcoran Icon Properties

    Section Image
  • Jeffrey Park

    Buyer's Agent in 2024

    Jeffrey Park

    New Star Realty

    (323) 791-4989

    3 in this area

    36 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 23-328955

The MLS

APN: 5060-010-031

California Los Angeles County Los Angeles 90018 Arlington Heights

4050 W 21st St, Los Angeles, CA

This home is located at 4050 W 21st St, Los Angeles, CA 90018 since 09 November 2023 and is currently estimated at $1,047,689, approximately $298 per square foot. This property was built in 1925. 4050 W 21st St is a home located in Los Angeles County with nearby schools including Arlington Heights Elementary School, Johnnie L. Cochran Jr. Middle School, and Los Angeles Senior High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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