$1,450,000
807 E 21st Street Los Angeles, CA 90011
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$1,450,000
Est. payment /mo
4 Beds
3,340 SqFt
UPDATED:
11/01/2024 05:48 PM
Key Details
Property Type Other Types
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 3,340 sqft
Price per Sqft $434
MLS Listing ID CL24439737
Bedrooms 4
HOA Y/N No
Year Built 1898
Lot Size 7,506 Sqft
Acres 0.17
Property Description
We are pleased to present this great income property nearby USC and Downtown Los Angeles (Convention Center, multiple sports arenas, entertainment, and more). The property is 2 homes on 1 lot zoned LAR2. All tenants are current on rent. A total of 3,340 SF (4 bedrooms and 7.5 baths) on a 7,506 SF lot. The front unit (2,006 SF) consists of 4 beds and 3.5 baths plus a den. The back unit (1,334 SF) was built in 2008 and has 4 studio units. One studio unit to be delivered vacant. Gated parking and coin laundry machines on site generating extra income. Conveniently located nearby the 10 and 110 freeways, shopping centers, markets, cafes, and eateries. The cap rate of 6.5% is based on current gross income ($124,800) and expenses with the new property tax amount at the asking price of $1,450,000.
Location
State CA
County Los Angeles
Area Listing
Zoning LAR2
Interior
Fireplace No
Laundry Dryer, Washer
Exterior
Total Parking Spaces 4
Building
New Construction No
Others
Tax ID 5131011029
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Listed by Yoon Kwak • Sunnyside Group
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Parisa Samimi
Founder & Real Estate Broker | License ID: 01858122
Founder & Real Estate Broker License ID: 01858122