2314 W 21St St, Los Angeles, CA 90018
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2314 W 21St St Los Angeles, CA 90018

$1,551,000 Sold Price as of 04/16/2021
  • 8 Beds
  • 4 Baths
  • 5,251 Sq.Ft.
Sold
$1,551,000 Sold Price as of 04/16/2021 Refinance Your Mortgage

Map preview of 2314 W 21St St, Los Angeles, CA 90018

Property Overview: 2314 W 21St St Los Angeles, CA has 8 bedrooms, 4 bathrooms, 5,251 living square feet and 7,532 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: In the early 1920's, noted prolific movie theater architects (over 40 circa 1920s movie theaters including the El Portal, Rialto, Bards Hollywood (Vista)) Lewis Arthur Smith and William C Pennell were commissioned to design and build this beautiful 4-plex, in the now historic Western Heights Preservation Overlay Zone (north of the Santa Monica Freeway). The contractor was the well-known theater builder, Lily-Fletcher Construction Co. The four, mostly identical units, are approx. 1,300 sq ft each. Each with a laundry room, dining areas off the kitchen, central hallway. The vacant upstairs "owner's" unit features a dramatic vaulted ceiling (see photo) in the living room, an upgraded kitchen, bath and flooring. Lots of windows and natural lighting throughout. The current tenants are paying well-below market value rents and with some interior upgrading, there is significant income upside. Off-street parking for 7 cars. Located on a diverse residential "Turn of the 20th Century" street with architectural styles including Queen Anne, Craftsman, Tudor Revival and Spanish Colonial Revivals. Many of these residences were designed by noted architects. Separately metered. Some furnished interior photos of the currently vacant unit are from previous tenant. Unit now vacant. Agents, please review the agent remarks.

Listed by Lane Aronson | BRE #00681193 | Berkshire Hathaway HomeServices California
Co-listed by Peter V Buonocore | BRE #01279107 | Keller Williams Larchmont
Last checked: 15 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 11

Home details

Lot Sq. Ft
7,532
HOA Dues
$0/mo
Year built
1920
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21700458
City
Los Angeles
County
Los Angeles
Time on Site
1304 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,724
  • Total Rent: $1,724
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,575
  • Total Rent: $1,575
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,125
  • Total Rent: $2,125
  • Pro Forma/Market Rent: $2,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 14.7
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $98,688
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 2314 W 21St St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Fireplace Information
  • Has Fireplace
  • Dining Room
Room Information
  • Center Hall, Utility Room
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Uncovered, Tandem Garage
Property Information
  • Total # of Units: 4
  • Parcel Number: 5073027001
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Sewer Paid
Location / Neighborhood
Location Information
  • Directions: North of the Santa Monica Freeway. South of Washington Blvd.
View more facts & features

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Sale History for 2314 W 21St St

Last sold for $1,551,000 on April 16th, 2021
  • April, 2021

  • Apr 22, 2021

    Date

    Sold

    CRMLS: 21700458

    $1,551,000

    Price

  • Mar 14, 2021

    Date

    Active Under Contract

    CRMLS: 21700458

    $1,450,000

    Price

  • Mar 4, 2021

    Date

    Active

    CRMLS: 21700458

    $1,450,000

    Price

  • November, 2018

  • Nov 30, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • June, 2017

  • Jun 28, 2017

    Date

    Sold (Public Records)

    Public Records

    $1,150,000

    Price

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Tax History for 2314 W 21St St

Assessed Value (2020): $1,273,449
Year Land Value Improved Value Assessed Value
2020 $955,087 $318,362 $1,273,449

Home Value Compared to the Market

This property vs the competition

2314 W 21St St sold on April 16, 2021 for 29.46% 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 $276.14 per/sqft which puts the price per square foot 61.86% lower than the current median sale per square foot for the city of Los Angeles.

About 2314 W 21St St

Detailed summary of property

2314 W 21St St is a multi family that recently sold in Los Angeles, CA 90018. This multi family property offered 8 bedrooms, 4 bathrooms, roughly 5,251 living square feet, and sits on an approximately 7,532 square foot lot. 2314 W 21St St was first listed on ArdentRealEstateGroup.com on March 4, 2021. The homeowner sold the property for $1,551,000. 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 29.46% higher than the current median priced home. Local homes that are currently for sale include 1745 S Harvard Blvd, 1248 S Manhattan Pl and 1241 3rd Ave. While the average home in Los Angeles, CA is selling in 106 days, 2314 W 21St St has a days on market of 11 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 2314 W 21St St Los Angeles, CA 90018 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2314 W 21St St

Public county record property details
Beds
8
Baths
4
Year built
1920
Sq. Ft.
5,251
Lot Size
7,531
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
5073-027-001

The source for these homes facts are from public records.

90018 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$995,000
Median List Price/Sq.Ft.
$632
Median Sold Price
$1,040,000
Median Sold Price/Sq.Ft.
$672
Total Inventory
60
Median Sale to List Price %
104.1%
Avg Days on Market
38
Loan Type
Conventional (22.22%), FHA (11.11%), VA (0%), Cash (22.22%), Other (22.22%)

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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.