1352 East 21st Street

Los Angeles, CA 90011

$785,000
Last Sold Price
7
Beds
6
Baths
5,184 Sq. Ft.
$151 / Sq. Ft.
5,184
Sq. Ft.
$151
per Sq. Ft.

Description

The subject property is a 5 unit apartment complex with a unit mix of two studio units, two 2 bedroom, 1 bathroom units, and one 3 bedroom, 2 bathroom unit. The improvements are built on a 5,750 square foot lot with total rentable square footage of 5,184. The property is located on the south side of 21st St in Central-Alameda (just south of DTLA), just east of Central Ave and west of Naomi Ave. This property is a major fixer with substantial upside in rents-major renovations are on-going. The property...The subject property is a 5 unit apartment complex with a unit mix of two studio units, two 2 bedroom, 1 bathroom units, and one 3 bedroom, 2 bathroom unit. The improvements are built on a 5,750 square foot lot with total rentable square footage of 5,184. The property is located on the south side of 21st St in Central-Alameda (just south of DTLA), just east of Central Ave and west of Naomi Ave. This property is a major fixer with substantial upside in rents-major renovations are on-going. The property sits conveniently near Downtown LA and in close proximity to the neighboring communities of Historic South Central, Exposition Park, Pico-Union, South Park, University Park, and Vermont Square, major freeways, and much more. This property can be sold on its own or as part of a portfolio including 1155 E 24th St and 2508 Naomi Ave. Buyer is advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals.

Listing Agent

  1. Zach Krasman

    Zach Krasman

    Listing Agent

    Compass

    DRE #01814990

Property Details for 1352 East 21st Street

Zoning
LAR2
Parcel Number
5119004003
Total Units
5.0
Living Area
5184
Source Living Area
Assessor
Area
Downtown L.A. (C42)
Vacancy Rate
0%
Lot Size Area
8639

Location

Listing Courtesy of Compass, Zach Krasman, DRE #01814990

Sold By Non-Participant Office, Subscriber Non, DRE #13252

Add your commute
LISTING UPDATED: 08/10/2022 03:16 PM

Property Details for 1352 East 21st Street

StatusSold
MLS #19-446436
Days on Market95
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1907
Lot Size0.20 AC / 8,639 SF
CountyLos Angeles County

Location

Listing Courtesy of Compass, Zach Krasman, DRE #01814990

Sold By Non-Participant Office, Subscriber Non, DRE #13252

Add your commute

Building Information for 1352 East 21st Street

Stories2Residences-Year Built1907Building Size-Lot Size0.20 AC / 8,639 SF

Payment Calculator

$5,205 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,284

Property Taxes

$921

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1352 East 21st Street

Community / Development
Community / Development
  • Number Of Units: 5
  • Senior Community: No
Structure Info
Structure Info
  • Number Of Stories: 2
  • Number Of Buildings: 3
  • Type Of Units: Apartments
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $61,389
  • Net Operating Income: $35,965.00
  • Gross Income: $63,288
  • Gross Rent Multiplier: $13.98
  • Total Annual Expense: 25424
Land / Lot Info
Land / Lot Info
  • Lot Size Square Feet: 8639
  • Geocode Override: 0.0
Parking Details
Parking Details
  • Parking Garage: Unassigned
  • Total Parking: 5
  • Parking Features: Unassigned
Interior Features
Interior Features
  • Den: No
  • Family Room: 0
  • Dining Room: 0
  • Cooling: Other/Remarks
  • Cooling Type: Other
  • Heating Type: Other
  • Equipment: Other
Exterior Features
Exterior Features
  • Pool: No
  • Tennis: No
  • New Construction: No
Lease Terms
Lease Terms
  • Entry Date: 03-21-2019
  • Rent Control: 100
Unit Details
Unit 1 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $900.00
  • Unit Actual Rent: $900.00
  • Unit Projected Rent: $1,100.00
  • Like Units: 2
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,120.00
  • Unit Actual Rent: $1,120.00
  • Unit Projected Rent: $2,000.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,235.00
  • Unit Actual Rent: $1,235.00
  • Unit Projected Rent: $2,750.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $241,258.00
  • Assessed Land Value: $270,348.00

Property History for 1352 East 21st Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1352 East 21st Street

Taxable ValueLand$473,030Additions$352,143Total$825,173
Tax Record2023$11,050 ($921 / month)
Home Facts
Total Finished SqFt5,184 SqFtAbove Grade Finished SqFt5,184 SqFtLot Size8,616 SqFtStyleMulti-Family Res (5+ Units)Year Built1907ZoningLAR2CountyLOS ANGELESAPN5119-004-003

Schools near 1352 East 21st Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Twentieth Street Elementary School
PublicK to 5

Nava College Preparatory Academy
Public9 to 12

Santee Education Complex
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Zach Krasman, DRE #01814990

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.