About 1038 W 21st Street
Located just blocks from USC in the heart of Los Angeles, this prime investment property features two buildings: a front four-unit structure with 1-bedroom, 1-bath units, and a rear detached single-family home with 3 bedrooms and 2 baths. Ideal for student housing or long-term investment, it offers strong rental potential in a high-demand area. The seller complies with Los Angeles Rent Control regulations and provides tenant relocation credits up to the maximum allowed. A rare opportunity combining location, value, and income potential.
Features of 1038 W 21st Street
| MLS® # | CV25101490 |
|---|---|
| Price | $975,000 |
| Bedrooms | 10 |
| Bathrooms | 7.00 |
| Lot Size | 6,507 |
| Year Built | 1914 |
| Type | Residential Income |
| Sub-Type | Apartment |
| Status | Active |
| # Of Units | 5 |
Community Information
| Address | 1038 W 21st Street |
|---|---|
| Area | C42 - Downtown L.A. |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90007 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
| Pool | None |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Lot Description | ZeroToOneUnitAcre |
|---|
Additional Information
| Date Listed | March 10th, 2025 |
|---|---|
| Days on Market | 372 |
| Zoning | LARD1.5 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Alex Avilez |
|---|---|
| Office | TOP PRODUCERS REALTY PARTNERS |
