868 W 21St St, Los Angeles, CA 90007
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868 W 21St St Los Angeles, CA 90007

$700,000
  • 2 Beds
  • 2 Baths
  • 1,528 Sq.Ft.
Back Up Offer
$700,000 Get Pre-Qualified

Map preview of 868 W 21St St, Los Angeles, CA 90007

Property Overview: 868 W 21St St Los Angeles, CA has 2 bedrooms, 2 bathrooms, 1,528 living square feet and 1,615 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: Location, location, cash flow, cash flow, Welcome to this charming duplex nestled in a highly sought-after area, just minutes away from downtown LA, close to USC, Los Angeles memorial coliseum, Los Angeles Convention center, crypto.com Arena and major freeways. This property features two units, each offering 1 bedroom and 1 bathroom, meticulously maintained, check comps, property is under value because is being sold with tenants, 868 W - 1 br/ 1 bath tenant paying $1,311, 870 W - 1 br/ 1 bath tenant section 8 paying $1,316. Actual rents proforma on section 8 ,on this neighborhood Pays for 1 br $2,407. The units boast a clean and updated interior, perfect for modern living, This property also offers the lowest list price in the area, making it a great investment opportunity in a prime location. Don't miss out on this rare chance to own a piece of real estate in this desirable neighborhood! THIS PROPERTY WILL NOT LAST

Listed by Hector Gonzalez | BRE #01259959 | Century 21 A Better Service
Last checked: 2 minutes ago | Last updated: April 18th, 2024 | Source CRMLS | DOM: 66
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Home details

Lot Sq. Ft
1,615
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Duplex
Status
Back Up Offer
MLS#
DW24031915
City
Los Angeles
County
Los Angeles
Time on Site
73 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,316
  • Total Rent: --
  • Pro Forma/Market Rent: $2,407
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,311
  • Total Rent: --
  • Pro Forma/Market Rent: $2,407
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $57,768
  • Net Operating Income: $54,408
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $3,360
  • Electric: $1,565
  • Gas/Fuel: $595
  • Trash: $0
  • Insurance: $1,200
  • Water/Sewer: $0

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Property Details for 868 W 21St St

Interior Features
Laundry Information
  • No Laundry
  • None
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5124022002
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: West of 110 FWY and south of 10 FWY
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
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Sale History for 868 W 21St St

Last sold for $261,000 on November 5th, 2010
  • March, 2024

  • Mar 29, 2024

    Date

    Back Up Offer

    CRMLS: DW24031915

    $700,000

    Price

  • Feb 19, 2024

    Date

    Active

    CRMLS: DW24031915

    $700,000

    Price

  • March, 2023

  • Mar 1, 2023

    Date

    Expired

    CRMLS: CV22178711

    $750,000

    Price

  • Aug 18, 2022

    Date

    Active

    CRMLS: CV22178711

    $900,000

    Price

  • Listing provided courtesy of CRMLS

    2 unit duplex, 2 bedroom 1 bath in Los Angeles. Near to freeways and shopping, across the street from Norwood Street School.

  • November, 2010

  • Nov 5, 2010

    Date

    Sold (Public Records)

    Public Records

    $261,000

    Price

  • November, 2004

  • Nov 19, 2004

    Date

    Sold (Public Records)

    Public Records

    $360,000

    Price

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Tax History for 868 W 21St St

Assessed Value (2020): $305,746
Year Land Value Improved Value Assessed Value
2020 $175,717 $130,029 $305,746

Home Value Compared to the Market

This property vs the competition

868 W 21St St is listed 43.37% lower 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 $458.12 per/sqft which puts the price per square foot 40.74% lower than the median price per square foot for the city of Los Angeles.

About 868 W 21St St

Detailed summary of property

868 W 21St St is a duplex located in Los Angeles, CA 90007 and is currently in escrow to be sold. This duplex offers 2 bedrooms, 2 bathrooms, roughly 1,528 living square feet, and sits on an approximately 1,615 square foot lot. 868 W 21St St was first listed on ArdentRealEstateGroup.com on February 15, 2024. The homeowner is currently asking $700,000. 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 43.37% lower than the median priced home. Local competing homes currently for sale include 1270 Exposition Blvd, 935 E 32nd St and 919 W. 41st Drive. While the average home in Los Angeles, CA is selling in 96 days, 868 W 21St St has a days on market of 66 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 868 W 21St St Los Angeles, CA 90007 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 868 W 21St St

Public county record property details
Beds
2
Baths
2
Year built
1923
Sq. Ft.
1,528
Lot Size
1,615
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
5124-022-002

The source for these homes facts are from public records.

90007 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,200,000
Median List Price/Sq.Ft.
$616
Median Sold Price
$1,450,000
Median Sold Price/Sq.Ft.
$876
Total Inventory
11
Median Sale to List Price %
96.67%
Avg Days on Market
0
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (100%), 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.