1016 W 21St St, Los Angeles, CA 90007
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1016 W 21St St Los Angeles, CA 90007

$1,300,000 Sold Price as of 10/28/2022
  • 18 Beds
  • 14 Baths
  • 2,916 Sq.Ft.
Sold
$1,300,000 Sold Price as of 10/28/2022 Refinance Your Mortgage

Map preview of 1016 W 21St St, Los Angeles, CA 90007

Property Overview: 1016 W 21St St Los Angeles, CA has 18 bedrooms, 14 bathrooms, 2,916 living square feet and 6,503 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: ALL FOUR UNITS WILL BE DELIVERED VACANT!!!!! This quadruplex consist on 3 units 1 bedrooms 1 baths and four bottom unit 3 bedrooms 2 baths all with individual meters. Perfect opportunity minutes away from USC campus for student housing, investment in a growing area or owner/user dream to restore and have your tenants pay your mortgage! Centrally located Close to 10 freeway ,shopping centers, restaurants, and DLA.

Listed by Kenia Cuevas | BRE #01765914 | eXp Realty of California Inc
Last checked: 6 minutes ago | Last updated: November 1st, 2022 | Source CRMLS | DOM: 66

Home details

Lot Sq. Ft
6,503
HOA Dues
$0/mo
Year built
--
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
22169825
City
Los Angeles
County
Los Angeles
Time on Site
829 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 4
  • # of Units: 4
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.75%
  • Gross Rent Multiplier: 13.67
  • Gross Scheduled Income: --
  • Net Operating Income: $70,590
  • Gross Operating Income: $108,600
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1016 W 21St St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • No Heating
  • None
Laundry Information
  • Has Laundry
  • Outside
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: Multi/Split
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Driveway, Detached Carport, Garage - Two Door
Lot Information
  • Lot Features: Front Yard, Back Yard
Property Information
  • Total # of Units: 4
  • Parcel Number: 5124005001
  • Accessibility Features: None
  • Property Condition: Repairs Cosmetic
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Location / Neighborhood
Location Information
  • Directions: West of Hoover St and south of Washington BLV
View more facts & features

Local Los Angeles Agent

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Sale History for 1016 W 21St St

Last sold for $1,300,000 on October 28th, 2022
  • October, 2022

  • Oct 28, 2022

    Date

    Sold

    CRMLS: 22169825

    $1,300,000

    Price

  • Jun 21, 2022

    Date

    Active

    CRMLS: 22169825

    $1,485,000

    Price

Tax History for 1016 W 21St St

Assessed Value (2020): $77,975
Year Land Value Improved Value Assessed Value
2020 $24,404 $53,571 $77,975

Home Value Compared to the Market

This property vs the competition

1016 W 21St St sold on October 28, 2022 for 32.59% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $509.26 per/sqft which puts the price per square foot 29.66% lower than the current median sale per square foot for the city of Los Angeles.

About 1016 W 21St St

Detailed summary of property

1016 W 21St St is a multi family that recently sold in Los Angeles, CA 90007. This multi family property offered 18 bedrooms, 14 bathrooms, roughly 2,916 living square feet, and sits on an approximately 6,503 square foot lot. 1016 W 21St St was first listed on ArdentRealEstateGroup.com on June 21, 2022. The homeowner sold the property for $1,300,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 32.59% higher than the current median priced home. Local homes that are currently for sale include 3110 Raymond Ave, 1261 W 35th Pl and 1232 S Kenmore Ave. While the average home in Los Angeles, CA is selling in 106 days, 1016 W 21St St has a days on market of 66 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 1016 W 21St St Los Angeles, CA 90007 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1016 W 21St St

Public county record property details
Beds
5
Baths
5
Year built
--
Sq. Ft.
2,916
Lot Size
6,503
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
5124-005-001

The source for these homes facts are from public records.

90007 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,399,999
Median List Price/Sq.Ft.
$550
Median Sold Price
$1,025,000
Median Sold Price/Sq.Ft.
$777
Total Inventory
19
Median Sale to List Price %
100%
Avg Days on Market
0
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.