4050 W 21St St, Los Angeles, CA 90018
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4050 W 21St St Los Angeles, CA 90018

$950,000 Sold Price as of 01/22/2024
  • 10 Beds
  • 10 Baths
  • 3,512 Sq.Ft.
Sold
$950,000 Sold Price as of 01/22/2024 Refinance Your Mortgage

Map preview of 4050 W 21St St, Los Angeles, CA 90018

Property Overview: 4050 W 21St St Los Angeles, CA has 10 bedrooms, 10 bathrooms, 3,512 living square feet and 6,339 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 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!

Listed by Giuseppe Zumbo | BRE #01753412 | Corcoran Icon Properties
Last checked: 5 minutes ago | Last updated: February 21st, 2024 | Source CRMLS | DOM: 38

Home details

Lot Sq. Ft
6,339
HOA Dues
$0/mo
Year built
1925
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
23328955
City
Los Angeles
County
Los Angeles
Time on Site
234 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $3,650
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 2
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $650
  • Total Rent: $3,650
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $3,650
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 4
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $3,650
  • Pro Forma/Market Rent: $2,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 14
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Virtual Tour

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Property Details for 4050 W 21St St

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • Has Laundry
  • None
Kitchen Information
  • Has Appliances
  • Refrigerator
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Rolled/Hot Mop
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Covered
Property Information
  • Total # of Units: 4
  • Parcel Number: 5060010031
  • Foundation Details: Concrete Perimeter, Raised
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Crenshaw Blvd (Left W. Washington Blvd)-(Right-S. Bronson)-(Left-W.21st Street)
View more facts & features

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Sale History for 4050 W 21St St

Last sold for $950,000 on January 22nd, 2024
  • January, 2024

  • Jan 22, 2024

    Date

    Sold

    CRMLS: 23328955

    $950,000

    Price

  • Nov 9, 2023

    Date

    Active

    CRMLS: 23328955

    $1,100,000

    Price

Tax History for 4050 W 21St St

Assessed Value (2020): $59,088
Year Land Value Improved Value Assessed Value
2020 $27,432 $31,656 $59,088

Home Value Compared to the Market

This property vs the competition

4050 W 21St St sold on January 22, 2024 for 15.93% lower than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $270.5 per/sqft which puts the price per square foot 64.12% lower than the current median sale per square foot for the city of Los Angeles.

About 4050 W 21St St

Detailed summary of property

4050 W 21St St is a multi family that recently sold in Los Angeles, CA 90018. This multi family property offered 10 bedrooms, 10 bathrooms, roughly 3,512 living square feet, and sits on an approximately 6,339 square foot lot. 4050 W 21St St was first listed on ArdentRealEstateGroup.com on November 9, 2023. The homeowner sold the property for $950,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 15.93% lower than the current median priced home. Local homes that are currently for sale include 1969 W 23rd St, 2524 S Sycamore Ave and 1662 S Harvard Blvd. While the average home in Los Angeles, CA is selling in 99 days, 4050 W 21St St has a days on market of 38 days. There are currently 3982 homes for sale in the Los Angeles real estate market and 2673 of them are single family homes while 1195 of them are condos and 107 are townhomes. For more information on this home for sale at 4050 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 4050 W 21St St

Public county record property details
Beds
--
Baths
--
Year built
1925
Sq. Ft.
3,512
Lot Size
6,338
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
25
APN
5060-010-031

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
$924,999
Median List Price/Sq.Ft.
$629
Median Sold Price
$1,130,000
Median Sold Price/Sq.Ft.
$712
Total Inventory
51
Median Sale to List Price %
103.2%
Avg Days on Market
45
Loan Type
Conventional (22.22%), FHA (0%), VA (0%), Cash (22.22%), 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.