$1,950,000

5144 W 21st St Los Angeles, CA 90016

Mid-City Neighborhood

Estimated payment $12,751/month

Total Views 38,749
6 Beds
6 Baths
4,612 Sq Ft
$423 Price per Sq Ft

Highlights

  • City Lights View
  • Central Air
  • Floor Furnace
  • No HOA

About This Home

New roof has been installed! Don't miss this prime investment opportunity in a hot market located in Mid City, Los Angeles. All units have been well kept. A two story six (6) unit apartment building all comprised of (2)Studios w/1bath and (4)1bed/1bath, with close proximity to the 10 Freeway and the Westside, this property offers tenants convenient access to freeway with parking on premises, units have their own garage, and easy access to bus lines for work or school. All tenants on month-to-month. All units are separately metered for gas and electric. Tenant breakdown and financials will be provided upon request. Buyer to verify with appropriate entities and satisfy self. Buyers to cooperate with seller 1031 exchange. Property will ONLY be shown once offer is accepted. Please do not disturb tenants.

Listing Agent

Alan Cruz

Equity Smart Real Estate Services Brokerage Phone: 661-932-5117 License #01518829 Listed on: 02/20/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 8,324 Sq Ft Lot
  • Property fronts a highway
  • Two or More Common Walls
  • Density is 6-10 Units/Acre

Parking

  • 6 Car Garage

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Apartment

Interior Spaces

  • 4,612 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Air
  • Floor Furnace

Listing and Financial Details

  • Tax Lot 607
  • Tax Tract Number 1566
  • Assessor Parcel Number 5062008001

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • Rent Control
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 6 Separate Water Meters
  • Insurance Expense $3,283
  • Professional Management Expense $2,500
  • Trash Expense $600
  • Operating Expense $15,047
  • Gross Income $97,239
  • Net Operating Income $85,292

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Parking

6

Listing Details

  • Price Per Unit: 325000
  • Professional Management Expense: 2500.00
  • Property Attached: Yes
  • Road Frontage Type: Access Road, City Street, Highway
  • View: Yes
  • Zoning: LARD2
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 5062008001
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: main street
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 422.81

Exterior Features

  • View: City Lights, Neighborhood
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Floor Furnace
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 8324.00
  • Lot Size Acres: 0.1911

Multi Family

  • Gross Income: 97239.00
  • Gross Scheduled Income: 97239.00
  • Insurance Expense: 3283.00
  • Lot Size Area: 8324.0000 Square Feet
  • Net Operating Income: 85292.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 6
  • Number Of Units Total: 6
  • Operating Expense: 11947.00
  • Rent Control: Yes
  • Total Expenses: 15047.00

Tax Info

  • Tax Census Tract: 2185.00
  • Tax Lot: 607
  • Tax Tract Number: 1566

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2025 02/20/25 For Sale $1,950,000 0.0% $423 / Sq Ft
02/18/2025 02/18/25 For Sale $1,950,000 -- $423 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25035817

California Regional Multiple Listing Service (CRMLS)

California Los Angeles County Los Angeles 90016 Mid-City

5144 W 21st St, Los Angeles, CA

This home is located at 5144 W 21st St, Los Angeles, CA 90016 and is currently priced at $1,950,000, approximately $422 per square foot. This property was built in 1964. 5144 W 21st St is a home located in Los Angeles County with nearby schools including Cienega Elementary School, Johnnie L. Cochran Jr. Middle School, and Susan Miller Dorsey Senior High School.

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California Regional Multiple Listing Service (CRMLS) 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

Nearby Homes
Listing Agent
Alan Cruz
Section Image
Equity Smart Real Estate Services
(661) 932-5117