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807 E 21St St, Los Angeles, CA 90011
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807 E 21St St Los Angeles, CA 90011

$1,450,000
  • 4 Beds
  • 7 Baths
  • 3,340 Sq.Ft.
For Sale
$1,450,000 Get Pre-Qualified
Map preview of 807 E 21St St, Los Angeles, CA 90011

Property Overview: 807 E 21St St Los Angeles, CA has 4 bedrooms, 7 bathrooms, 3,340 living square feet and 7,506 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: This great income property nearby USC and Downtown Los Angeles is 2 homes on 1 lot zoned LAR2. A total of 3,340 SF (4 bedrooms and 7.5 baths) on a 7,506 SF lot. The 6.3% cap rate is based on the current income with full occupancy and the asking price of $1.45m. The front unit consists of 4 beds and 3.5 baths plus a den. The back unit was built in 2008 and has 4 studio units. One studio unit to be delivered vacant. Gated parking and laundry on site.

Listed by Yoon Kwak | BRE #01749340 | Sunnyside Group
Last checked: 1 minute ago | Last updated: September 17th, 2024 | Source CRMLS | DOM: 3

Home details

Lot Sq. Ft
7,506
HOA Dues
$0/mo
Year built
1898
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24439737
City
Los Angeles
County
Los Angeles
Time on Site
2 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $4,500
  • Total Rent: $4,500
  • Pro Forma/Market Rent: $5,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 4
  • Furnishing: Unfurnished
  • Actual Rent: $5,600
  • Total Rent: $5,600
  • Pro Forma/Market Rent: $6,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 6.3%
  • Gross Rent Multiplier: 11.96
  • Gross Scheduled Income: --
  • Net Operating Income: $91,075
  • Gross Operating Income: $121,200
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 807 E 21St St

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Property Details for 807 E 21St St

Interior Features
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Fireplace Information
  • Has Fireplace
  • Gas
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Two
  • Security Features: Gated Community, Smoke Detector(s), Carbon Monoxide Detector(s)
Exterior Features
Exterior Information
  • Roof: Shingle
  • 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: Driveway, Parking Space, Gated
Property Information
  • Total # of Units: 2
  • Parcel Number: 5131011029
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Driving south on San Pedro St. from Washington Blvd., left turn on 21st St. Property will be on your left side.
View more facts & features

Local Los Angeles Agent

Sale History for 807 E 21St St

Last sold on August 12th, 2014

  • September, 2024

  • Sep 16, 2024

    Date

    Active

    CRMLS: 24439737

    $1,450,000

    Price

  • September, 2024

  • Sep 4, 2024

    Date

    Canceled

    CRMLS: EV24175695

    $1,450,000

    Price

  • Aug 23, 2024

    Date

    Active

    CRMLS: EV24175695

    $1,450,000

    Price

  • Listing provided courtesy of CRMLS

    Two House on One Lot with 2 address on 7504 sq ft LAR2 zoning- 807 E 21 St and 805 E 21 St. Closed proximity to USC, Downtown Los Angeles. 807 E 21 house: 3340 sq ft with 4 bed room + 2 den, 2 kitchens & 4 bath, rented to 2 tenants. 805 E 21 house: 1600 sq ft (estimated) newer building with 4 studios , pending for Certification of Occupancy.

  • August, 2023

  • Aug 17, 2023

    Date

    Expired

    CRMLS: 23271381

    $1,350

    Price

  • May 17, 2023

    Date

    Active

    CRMLS: 23271381

    $1,350

    Price

  • Listing provided courtesy of CRMLS

    One occupancy only. The studio is located on the lower level of the back building. Utilitiey pays $50 per person, Placed near downtown Fashion district, Convention Center, Microsoft Theater and restaurants. You can enjoy in Down Town LA nearby.

  • January, 2023

  • Jan 1, 2023

    Date

    Expired

    CRMLS: 22210437

    $1,350

    Price

  • Oct 19, 2022

    Date

    Active

    CRMLS: 22210437

    $3,150

    Price

  • Listing provided courtesy of CRMLS

    The studio is located on the lower level of the back building. Bright and quiet place with many window. near downtown Fashion district, Convention Center, Microsoft Theater and restaurants. You can enjoy in Down Town . Near by 10Fwy and train station. San Fedro +21st St.

  • November, 2022

  • Nov 1, 2022

    Date

    Expired

    CRMLS: 22184825

    $1,350

    Price

  • Aug 1, 2022

    Date

    Active

    CRMLS: 22184825

    $1,350

    Price

  • Listing provided courtesy of CRMLS

    ONLY ONE TENANT OCCUPANCY. Sunny studio on the 2nd floor of back building. Two buildings in one lot, The back building was built in 2008. Located near downtown Fashion district, Convention center, Microsoft Theater and restaurant. you can enjoy in Down Town LA nearby.

  • October, 2022

  • Oct 1, 2022

    Date

    Expired

    CRMLS: 22175275

    $1,200,000

    Price

  • Jul 5, 2022

    Date

    Active

    CRMLS: 22175275

    $1,200,000

    Price

  • Listing provided courtesy of CRMLS

    Two buildings in one lot, The back building was built in 2008. Located near downtown Fashion district, Convention center, Microsoft Theater and restaurant. you can enjoy in Down Town LA nearby. Front unit can be use for owner .

  • September, 2021

  • Sep 16, 2021

    Date

    Active

    CRMLS: 21784770

    $1,190,000

    Price

  • Listing provided courtesy of CRMLS

    Two buildings in one lot, The back building was built in 2008. Located near downtown fashion district. A lot of supply and demand are in harmoney and all facilities you can enjoy in LA are nearby.

  • August, 2014

  • Aug 12, 2014

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • May, 2006

  • May 19, 2006

    Date

    Sold (Public Records)

    Public Records

    $525,000

    Price

Show More

Tax History for 807 E 21St St

Assessed Value (2020): $710,940
Year Land Value Improved Value Assessed Value
2020 $459,000 $251,940 $710,940

Home Value Compared to the Market

This property vs the competition

807 E 21St St is listed 20.83% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $434.13 per/sqft which puts the price per square foot 43.47% lower than the median price per square foot for the city of Los Angeles.

About 807 E 21St St

Detailed summary of property

807 E 21St St is a multi family located in Los Angeles, CA 90011 and is currently for sale. This multi family property offers 4 bedrooms, 7 bathrooms, roughly 3,340 living square feet, and sits on an approximately 7,506 square foot lot. 807 E 21St St was first listed on ArdentRealEstateGroup.com on September 17, 2024. The homeowner is currently asking $1,450,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 20.83% higher than the median priced home. Local competing homes currently for sale include 5017 S San Pedro St, 1702 S Hoover St and 1020 S Westlake Ave. While the average home in Los Angeles, CA is selling in 106 days, 807 E 21St St has a days on market of 3 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 807 E 21St St Los Angeles, CA 90011 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 807 E 21St St

Public county record property details
Beds
6
Baths
4
Year built
1898
Sq. Ft.
3,340
Lot Size
7,503
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
18
APN
5131-011-029

The source for these homes facts are from public records.

90011 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$620,000
Median List Price/Sq.Ft.
$532
Median Sold Price
$590,000
Median Sold Price/Sq.Ft.
$438
Total Inventory
52
Median Sale to List Price %
102.61%
Avg Days on Market
46
Loan Type
Conventional (0%), FHA (83.33%), 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.

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