5144 W 21St St, Los Angeles, CA 90016
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5144 W 21St St Los Angeles, CA 90016

$1,950,000
  • 4 Beds
  • 6 Baths
  • 4,612 Sq.Ft.
For Sale
$1,950,000 Get Pre-Qualified

Map preview of 5144 W 21St St, Los Angeles, CA 90016

Property Overview: 5144 W 21St St Los Angeles, CA has 4 bedrooms, 6 bathrooms, 4,612 living square feet and 8,321 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 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.

Listed by Alan Cruz | BRE #01518829 | Equity Smart Real Estate Services
Last checked: 1 minute ago | Last updated: March 31st, 2024 | Source CRMLS | DOM: 119
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Home details

Lot Sq. Ft
8,321
HOA Dues
$0/mo
Year built
1964
Garage
5 Car
Property Type:
Mixed Use
Status
Active
MLS#
PW23230432
City
Los Angeles
County
Los Angeles
Time on Site
125 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 1
  • # of Electric Meters: 6
  • # of Gas Meters: 6
  • # of Water Meters: 6
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,250
  • Total Rent: $1,250
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $830
  • Total Rent: $830
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,150
  • Total Rent: $1,150
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,400
  • Total Rent: $1,400
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $995
  • Total Rent: $995
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $91,500
  • Net Operating Income: $87,900
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $3,600
  • Trash: $1,000
  • Insurance: $5,000
  • Professional Management: $0
  • Water/Sewer: $3,600

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Property Details for 5144 W 21St St

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Common Area
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: Two
  • Security Features: Carbon Monoxide Detector(s)
Exterior Features
Exterior Information
  • No Fence
  • None
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 5
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Garage, On Site
Lot Information
  • Lot Features: Landscaped
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 6
  • Parcel Number: 5062008001
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
  • Utilities: Other
Location / Neighborhood
Location Information
  • Directions: Property is on the corner of Redondo and 21st St.
  • Road Frontage Type: Alley, City Street
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

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Sale History for 5144 W 21St St

View property's historical transactions
  • December, 2023

  • Dec 27, 2023

    Date

    Active

    CRMLS: PW23230432

    $1,950,000

    Price

  • December, 2023

  • Dec 15, 2023

    Date

    Canceled

    CRMLS: PW23162585

    $1,950,000

    Price

  • Aug 30, 2023

    Date

    Active

    CRMLS: PW23162585

    $1,950,000

    Price

  • Listing provided courtesy of CRMLS

    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.

  • August, 2023

  • Aug 12, 2023

    Date

    Expired

    CRMLS: PW23051332

    $1,950,000

    Price

  • Apr 12, 2023

    Date

    Active

    CRMLS: PW23051332

    $1,950,000

    Price

  • Listing provided courtesy of CRMLS

    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.

  • November, 2022

  • Nov 30, 2022

    Date

    Canceled

    CRMLS: PW22036988

    $2,000,000

    Price

  • Feb 24, 2022

    Date

    Active

    CRMLS: PW22036988

    $2,000,000

    Price

  • Listing provided courtesy of CRMLS

    This is a prime investment opportunity in a hot market, located in Mid City, Los Angeles. This 6-unit property is situated on the corner of Redondo which is currently a hot spot for brand new construction. All 6 units are occupied, which consist of 2-studios w/1bath and four-1bed/1bath. Laundry room is not currently in use. Property will ONLY be shown once offer is accepted. Please do not disturb tenants.

  • September, 2021

  • Sep 22, 2021

    Date

    Price Change

    CRMLS: 20642836

    $1,900,000

    Price

  • Jun 3, 2021

    Date

    Price Change

    CRMLS: 20642836

    $1,999,999

    Price

  • Oct 7, 2020

    Date

    Active

    CRMLS: 20642836

    $2,000,000

    Price

  • Listing provided courtesy of CRMLS

    Laundry room not in use. Rear structure plus two garages are in use by owner as storage. This is a one of a kind investment opportunity on a corner lot located in one of Los Angeles hottest rental markets, Mid City. This is a 6 unit with detached and attached garages with extra large storage/ garage structure in rear. The property consists of four 1 br and 1 bath and 2 studios with 1 bath. All units are occupied, please do not disturb tenants. Shown with accepted offer.

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Tax History for 5144 W 21St St

Assessed Value (2020): $165,635
Year Land Value Improved Value Assessed Value
2020 $67,076 $98,559 $165,635

Home Value Compared to the Market

This property vs the competition

5144 W 21St St is listed 57.77% higher than the median list price for the city of Los Angeles which has a median list price of $1,236,000. The median price per/sqft for Los Angeles is $773 and this home is listed at $422.81 per/sqft which puts the price per square foot 45.3% lower than the median price per square foot for the city of Los Angeles.

About 5144 W 21St St

Detailed summary of property

5144 W 21St St is a mixed use located in Los Angeles, CA 90016 and is currently for sale. This mixed use property offers 4 bedrooms, 6 bathrooms, roughly 4,612 living square feet, and sits on an approximately 8,321 square foot lot. 5144 W 21St St was first listed on ArdentRealEstateGroup.com on December 27, 2023. The homeowner is currently asking $1,950,000. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 57.77% higher than the median priced home. Local competing homes currently for sale include 755 S Boyle Ave, 2015 Pennsylvania Ave and 3033 E 8th St. While the average home in Los Angeles, CA is selling in 96 days, 5144 W 21St St has a days on market of 119 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 5144 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 5144 W 21St St

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
4,612
Lot Size
8,321
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
607
APN
5062-008-001

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
$1,150,000
Median List Price/Sq.Ft.
$748
Median Sold Price
$885,000
Median Sold Price/Sq.Ft.
$699
Total Inventory
74
Median Sale to List Price %
98.44%
Avg Days on Market
30
Loan Type
Conventional (21.05%), FHA (0%), VA (0%), Cash (10.53%), Other (10.53%)

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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.