CA > Los Angeles
Los Angeles, CA 90016,5139 W 21st St
Los Angeles, CA 90016,5139 W 21st St
Los Angeles, CA 90016,5139 W 21st St
9
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$1,200,000
Est. payment /mo
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8 BD
4 BA
5,770 SqFt
Active

5139 W 21st St Los Angeles, CA 90016

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Jason Tomei

Jason Tomei

+1(702) 802-8142

UPDATED:

01/11/2025 07:01 AM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,770 sqft

Price per Sqft $207

MLS Listing ID 25-479205

Style Mid-Century

Bedrooms 8

Year Built 1946

Lot Size 8,403 Sqft

Acres 0.1929

Property Description

This charming 6 Unit Apartment building in the classic Mid-Century modern style will make a valuable addition to any portfolio. The units are huge, averaging over 960 SF each. The Unit mix is very desirable with (2) 2BR/1BA units and (4) Large 1BR/1BA units. Each unit has front and back entries and Washer/Dryer hookups. The building sits on a large lot of 8403 SF and there might be opportunities to convert the 4 garages to ADU's (check with the City of LA for details). There are mature trees and hedges and a charming walkway to access the back units. There is garage parking for eight cars and the units are separately metered for gas and electricity ensuring low operational costs. The building occupies a very dynamic spot in the mid-city neighborhood with major new development and re-habs ongoing in the surrounding area. The Expo/La Brea station is just over a mile away and excellent dining options like Roscoe's Chicken and Waffles, entertainment at the nearby Nate Holden Performing Arts Center and recreation at the Michelle and Barack Obama Sport Complex. There is almost 70% upside in the current rents and one unit will be delivered vacant at close of escrow. The property has enjoyed long-term professional management and the same family ownership for over 30 years. This is an excellent investment opportunity awaiting your call.

Location

State CA

County Los Angeles

Area Mid Los Angeles

Zoning LARD2

Rooms

Other Rooms Other

Interior

Heating Natural Gas

Cooling None

Equipment Gas Dryer Hookup, Garbage Disposal, Stackable W/D Hookup

Laundry In Unit

Exterior

Parking Features Detached, Covered Parking

Garage Spaces 8.0

Building

Story 2

Water District

Architectural Style Mid-Century

Level or Stories Two

Structure Type Hard Coat

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Lyon Stahl Investment Real Estate, Inc.

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Jason Tomei

Agent | RE.S.0176035

+1(702) 802-8142

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5139 W 21st St