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Los Angeles, CA 90007 868 W 21st Street

$700,000

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Presented By: Hector Gonzalez with Century 21 A Better Service; ettoregonzallini@yahoo.com
  • MLS# DW24031915
  • 02/14/2024
  • Request Tour
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  • BedBeds • 2
  • BathBaths • 2
  • FootageSQFT • 1,528

Home Details

Properties are under Los Angeles RENT CONTROL tenants are on SECTION 8 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
Presented By: Hector Gonzalez with Century 21 A Better Service; ettoregonzallini@yahoo.com

Interior Features for 868 W 21st Street

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesNone
Street SuffixStreet
Total Stories2

Other Rooms

Entry Level1

General for 868 W 21st Street

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLos Angeles
Community FeaturesStreetLights, Sidewalks
ContingencyProperty under the market value because is beign sold with tenants Broker/Agent does not guarantee accuracy of square footage, lot size, zoning, rent control, permits, use codes, schools and/or other inf
CountyLos Angeles
Days on Market74
DirectionsWest of 110 FWY and south of 10 FWY
Electric Expense1565.0
Entry LocationFront gate
Expected Active Date 2024-02-19
Fuel Expense595.0
Garage Spaces0.0
Garage Y/NNo
Gross Income57768.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense1200.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCashtoNewLoan
Lot Size Square Feet1615.0
MLS AreaC42 - Downtown L.A.
MobileHomeRemainsYNNo
Net Operating Income54408.0
New ConstructionNo
Operating Expense3360.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalDuplex
Property SubTypeDuplex
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActiveUnderContract
StatusActiveUnderContract
Street Name21st
Tax Lot1
Total Units2
Trash Expense0.0
View Y/NNo
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built1923
Year Built SourceAssessor
ZoningLARD1.5

Exterior for 868 W 21st Street

Building Area Total1528.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem01UnitAcre
Lot Size Acres0.0371
Lot Size Area1615.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters1
Open Parking Y/NNo
SpaNo
Total Parking0.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $700,000
MLS#DW24031915
List Date 02/14/2024
Property Type Multi-Family
Phone 714.964.3311
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors