515 E 21st St - Apartments FOR SALE


Los Angeles, CA 90011- Southeast Los Angeles
$845,000 USD
310-279-7779
515 E 21st St, Los Angeles, CA for Sale
$845,000 USD
Apartments - FOR SALE
1/23
null | 6.32% Cap Rate

515 E 21st St
Los Angeles, CA 90011
Southeast Los Angeles


HIGHLIGHTS

  • A Rare 3-Unit Apartment Community Featuring 3 Separate Structures on the Lot
  • 2 of the 3 Units Have Been Remodeled Down To The Studs with High End Modern Finishes
  • Recessed Lighting, New Hardwood Floors, Stainless Steel Appliances, New Electrical and Upgraded Plumbing in the Remodeled Units
  • Large 3-Bedroom Remodeled Unit with a Living Room and Dining Room
  • 6.32% CAP Rate at the Asking Price
  • 5 Parking Spaces On-Site

OVERVIEW

Rare 3-unit property featuring three separate bungalow-style structures on one lot. Two units fully remodeled with high-end finishes including recessed lighting, hardwood floors, stainless steel appliances, and upgraded electrical and plumbing. Strong unit mix with a large 3-bedroom unit plus 1-bedroom units. Offers a 6.32% cap rate with 5 on-site parking spaces. Prime location just minutes from Downtown LA, Crypto.com Arena, and USC.

FOR SALE DETAILS

PRICE

$845,000 USD

PRICE/SF

$384 USD /SF

# OF UNITS

3

PRICE/UNIT

$281,667

CAP RATE

6.32%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1913

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,262 SF

ZONING

LARD2

APN/PARCEL ID

5127-017-004

ASK ABOUT THIS PROPERTY

Sean NamiLyon Stahl Investment Real EstateMore Info
310-279-7779

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Sean NamiLyon Stahl Investment Real EstateMore Info
310-279-7779

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.