Search
5069 W 21St St, Los Angeles, CA 90016
View Photos

5069 W 21St St Los Angeles, CA 90016

$2,005,000 Sold Price as of 08/04/2021
  • 11 Beds
  • 9 Baths
  • 5,862 Sq.Ft.
Sold
$2,005,000 Sold Price as of 08/04/2021 Refinance Your Mortgage
Map preview of 5069 W 21St St, Los Angeles, CA 90016

Property Overview: 5069 W 21St St Los Angeles, CA has 11 bedrooms, 9 bathrooms, 5,862 living square feet and 8,408 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present the opportunity to acquire a 9-unit apartment building in the Mid-City neighborhood of Los Angeles. 5069 W 21st Street is comprised of 2 separate structures, one of which is built in 1928 and the other in 1960. It has unit mix of two (2) 2 Bed/1 Bath & seven (7) 1 Bed/1 Bath units, five of which have been renovated. The building offers its tenants nine (9) on-site parking spaces and an on-site laundry facility. The property will be delivered with one (1) vacant 2 bedroom unit and offers an incoming investor 35% upside after the vacant unit has been rented out. Additionally, the property does not require and has never been flagged for soft-story retrofit. Buyers are recommended to conduct their own due diligence with regards to this matter. *Potential to add 2 ADUs* (Buyer to verify)

Listed by Sevak Keshishian | BRE #01887505 | Marcus & Millichap
Last checked: 11 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 42

Home details

Lot Sq. Ft
8,408
HOA Dues
$0/mo
Year built
1928
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21749006
City
Los Angeles
County
Los Angeles
Time on Site
1192 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 9
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,700
  • Total Rent: $1,700
  • Pro Forma/Market Rent: $1,765
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $968
  • Total Rent: $968
  • Pro Forma/Market Rent: $1,765
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $660
  • Total Rent: $660
  • Pro Forma/Market Rent: $2,263
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,263
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,263
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,707
  • Total Rent: $1,707
  • Pro Forma/Market Rent: $1,765
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $875
  • Total Rent: $875
  • Pro Forma/Market Rent: $1,765
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,765
  • Total Rent: $1,765
  • Pro Forma/Market Rent: $1,765
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,735
  • Total Rent: $1,735
  • Pro Forma/Market Rent: $1,765
Unit Breakdown 9
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $595
  • Total Rent: $595
  • Pro Forma/Market Rent: $1,765
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 13.58
  • Gross Scheduled Income: --
  • Net Operating Income: $90,588
  • Gross Operating Income: $144,218
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 5069 W 21St St

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Community
Kitchen Information
  • Has Appliances
  • Refrigerator, Oven, Gas Range
Interior Features
  • Ceiling Fan(s)
  • Security Features: Smoke Detector(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Covered, Driveway
Property Information
  • Total # of Units: 9
  • Parcel Number: 5062007004
Location / Neighborhood
Location Information
  • Directions: Located North of the 10 freeway and West of La Brea Ave, the property is walking distance from the Expo line located on La Brea and offers commuters quick access to both the 10 and 405 freeways.
View more facts & features

Local Los Angeles Agent

Sale History for 5069 W 21St St

Last sold for $2,005,000 on August 4th, 2021

  • August, 2021

  • Aug 5, 2021

    Date

    Sold

    CRMLS: 21749006

    $2,005,000

    Price

  • Jul 27, 2021

    Date

    Pending

    CRMLS: 21749006

    $2,000,000

    Price

  • Jun 15, 2021

    Date

    Active

    CRMLS: 21749006

    $2,000,000

    Price

  • August, 2020

  • Aug 12, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,700,000

    Price

  • August, 2020

  • Aug 12, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 5069 W 21St St

Assessed Value (2020): $110,692
Year Land Value Improved Value Assessed Value
2020 $33,151 $77,541 $110,692

Home Value Compared to the Market

This property vs the competition

5069 W 21St St sold on August 4, 2021 for 78.57% 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 $341.18 per/sqft which puts the price per square foot 52.88% lower than the current median sale per square foot for the city of Los Angeles.

About 5069 W 21St St

Detailed summary of property

5069 W 21St St is a multi family that recently sold in Los Angeles, CA 90016. This multi family property offered 11 bedrooms, 9 bathrooms, roughly 5,862 living square feet, and sits on an approximately 8,408 square foot lot. 5069 W 21St St was first listed on ArdentRealEstateGroup.com on June 15, 2021. The homeowner sold the property for $2,005,000. 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 78.57% higher than the current median priced home. Local homes that are currently for sale include 1315 S Longwood Ave, 1436 S Spaulding Ave and 5511 Smiley Dr. While the average home in Los Angeles, CA is selling in 106 days, 5069 W 21St St has a days on market of 42 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 5069 W 21St St Los Angeles, CA 90016 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5069 W 21St St

Public county record property details
Beds
11
Baths
9
Year built
1928
Sq. Ft.
5,862
Lot Size
8,400
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
934
APN
5062-007-004

The source for these homes facts are from public records.

90016 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,000,000
Median List Price/Sq.Ft.
$708
Median Sold Price
$1,012,000
Median Sold Price/Sq.Ft.
$691
Total Inventory
82
Median Sale to List Price %
101.2%
Avg Days on Market
35
Loan Type
Conventional (17.65%), FHA (0%), VA (0%), Cash (11.76%), Other (0%)

Thinking of Selling?

Image Description
Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 5069 W 21St St

Nearby Homes for Sale

1852 S La Brea Ave, Los Angeles, CA 90019
$1,775,000
6 Beds
3 Baths
2176 Sq.Ft.
1852 S La Brea Ave
Los Angeles, CA 90019
1831 S Redondo Blvd, Los Angeles, CA 90019
$1,950,000
24 Beds
24 Baths
3720 Sq.Ft.
1831 S Redondo Blvd
Los Angeles, CA 90019
2637 S Redondo Blvd, Los Angeles, CA 90016
$1,895,000
8 Beds
8 Baths
3616 Sq.Ft.
2637 S Redondo Blvd
Los Angeles, CA 90016
1349 Meadowbrook Ave, Los Angeles, CA 90019
$2,190,000
6 Beds
4 Baths
3552 Sq.Ft.
1349 Meadowbrook Ave
Los Angeles, CA 90019
1373 S Orange Dr, Los Angeles, CA 90019
$1,790,000
4 Beds
5 Baths
3079 Sq.Ft.
1373 S Orange Dr
Los Angeles, CA 90019
1612 S Sierra Bonita Ave, Los Angeles, CA 90019
$1,625,000
5 Beds
3 Baths
2506 Sq.Ft.
1612 S Sierra Bonita Ave
Los Angeles, CA 90019
4817 St Charles Pl, Los Angeles, CA 90019
$2,340,000
0 Beds
15 Baths
6520 Sq.Ft.
4817 St Charles Pl
Los Angeles, CA 90019
1331 S Mansfield Ave, Los Angeles, CA 90019
$1,895,000
51 Beds
36 Baths
7650 Sq.Ft.
1331 S Mansfield Ave
Los Angeles, CA 90019
1292-1 S Citrus Ave, Los Angeles, CA 90019
$1,750,000
4 Beds
4 Baths
4320 Sq.Ft.
1292-1 S Citrus Ave
Los Angeles, CA 90019
1226 Meadowbrook Ave, Los Angeles, CA 90019
$2,395,000
6 Beds
6 Baths
3464 Sq.Ft.
1226 Meadowbrook Ave
Los Angeles, CA 90019
1268 S Citrus Ave, Los Angeles, CA 90019
$2,350,000
8 Beds
4 Baths
3336 Sq.Ft.
1268 S Citrus Ave
Los Angeles, CA 90019
4639 Lomita St, Los Angeles, CA 90019
$2,350,000
14 Beds
12 Baths
7598 Sq.Ft.
4639 Lomita St
Los Angeles, CA 90019

Recently Sold Homes Near 5069 W 21St St

5079 W 21st St, Los Angeles, CA 90016
$1,550,000 Last Sold Price
7 Beds
5 Baths
4113 Sq.Ft.
5079 W 21st St
Los Angeles, CA 90016
2116 S Orange Dr, Los Angeles, CA 90016
$1,300,000 Last Sold Price
15 Beds
6 Baths
3254 Sq.Ft.
2116 S Orange Dr
Los Angeles, CA 90016
2101 S Sycamore Ave, Los Angeles, CA 90016
$1,185,000 Last Sold Price
5 Beds
4 Baths
2720 Sq.Ft.
2101 S Sycamore Ave
Los Angeles, CA 90016
2115 S Mansfield Ave, Los Angeles, CA 90016
$855,000 Last Sold Price
2 Beds
1 Baths
-- Sq.Ft.
2115 S Mansfield Ave
Los Angeles, CA 90016

Related Resources to 5069 W 21St St

New Listings in 90016
Popular Zip Codes
Popular Cities
Other Los Angeles Resources

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.

Refi Quote