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1016 W 21st Street

Los Angeles, CA 90007

– beds
– baths
– sqft
6,505 sqft lot
– on site

"TURNKEY 5-Units" Prime USC Student Housing Investment High Cash Flow Potential!Seize this rare opportunity to own a high-yield, fully remodeled student housing property just minutes from USC and Downtown Los Angeles. Strategically located with easy access to the 10 Freeway, this TURNKEY 5-Units is designed for strong rental demand and maximum returns.The property features a 4-unit main house with (2) 3-bedroom units on the first floor and (2) 2-bedroom units on the second floor, totaling 10 bedrooms and 10 bathrooms. Additionally, a brand-new 5-unit ADU offers 5 more bedrooms and bathrooms, increasing rental income potential.Each unit comes fully furnished with modern appliances, in-unit washers and dryers, sleek kitchens, hardwood floors, and premium finishes throughout all designed for hassle-free management and top-tier tenant appeal.With strong rental upside, a prime location near one of the nation's top universities, and a completely updated interio

Listed By CRMLS_CA / Hikari Eguma / GAIA

Last checked: Checking… • Last updated Mar 24, 2025 •

MLS# 25515615 —

The Building

New Construction:

No
Construction Materials:

Concrete
Building Area Total:

4033.00
Total Number Of Units:

5
# of Buildings:

2
Architectural Style:

Traditional
Stories Total:

2
Entry Level:

2

Interior

Levels:

Two
Entry Location:

Living Room
Fireplace:

Yes
Fireplace:

Kitchen
Laundry:

Washer Included, Dryer Included, In Kitchen
Laundry:

1

Financial & Terms

Disclosures:

Historical

Location

Directions:

Google map
Latitude:

34.03575500
Longitude:

-118.28141000

The Property

Property Type:

Residential Income
Property Condition:

Updated/Remodeled
Zoning:

LARD1.5
Lot Size Area:

6505.0000
Lot Size Acres:

0.1493
Lot Size SqFt:

6505.00
Lot Size Source:

Assessor
View:

1
View:

Trees/Woods

Listing Agent

Contact info:

The Listing

Virtual Tour
Special Listing Conditions:

Standard
Parcel Number:

5124005001

Heating & Cooling

Heating:

1
Heating:

Central
Cooling:

Yes
Cooling:

Central Air

Appliances

Appliances:

Dishwasher, Microwave, Refrigerator, Oven
Included:

Yes

The Community

Association:

No
Pool:

None
Senior Community:

No
Private Pool:

No
Spa Features:

None
Assessments:

No

Parking

Parking:

Yes
Parking:

Driveway, Garage - Two Door, Gated
Parking Spaces:

5.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
3/24/25 Mar 24, 2025	Listed / Active	CRMLS_CA	$3,150,000	142.3% (59.2% / YR)
1/21/25 Jan 21, 2025	Listed / Active	CRMLS_CA
1/20/25 Jan 20, 2025	Listed / Active	BRIDGE

Multifamily For Sale

$3,150,000

Listing provided by broker:

Hikari Eguma

GAIA

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This multifamily located in South LA, Los Angeles, CA 90007 is currently for sale for $3,150,000. 1016 W 21st Street is a – square foot multifamily with – beds and – baths that has been on Estately for 2 days. 1016 W 21st Street is in the South LA neighborhood of Los Angeles and has a WalkScore® of 89, making it very walkable. This multifamily is in the attendance area of West Adams Preparatory High School, John Adams Middle School, and Norwood Street Elementary School.

Listing Courtesy of: CRMLS_CA and GAIA. Based on information from California Regional Multiple Listing Service, Inc. as of 06:41 on Mar 26.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.