Nestled in the vibrant heart of Los Angeles, just blocks away from USC, this property offers an exceptional opportunity for student housing or investment. Comprising two buildings, the front structure features four 1-bedroom, 1-bathroom units, while the rear detached single-family residence boasts a spacious 3-bedroom, 2-bathroom layout. This property is not only a prime location for tenants seeking proximity to educational institutions and city amenities but also a lucrative investment opportunity. The seller is committed to adhering to the City of Los Angeles Rent Control rules and regulations, offering tenant relocation credits up to the maximum allowed, ensuring compliance and smooth transitions. A rare find in a sought-after area, this property combines convenience, potential, and value. Perfect for investors or those looking to capitalize on the demand for student housing in Los Angeles.
Property Details
Price:
$1,100,000
MLS #:
CV25101490
Status:
Active
Baths:
0
Address:
1038 W 21st Street
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
c42downtownla
City:
Los Angeles
Listed Date:
Mar 10, 2025
State:
CA
ZIP:
90007
Lot Size:
6,507 sqft / 0.15 acres (approx)
Year Built:
1914
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Schools
Interior
Exterior
Community Features
Sidewalks, Street Lights, Suburban
Garage Spaces
0.00
Lot Features
0-1 Unit/ Acre
Parking Spots
0.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Private
Financial
Map
Community
- Address1038 W 21st Street Los Angeles CA
- AreaC42 – Downtown L.A.
- CityLos Angeles
- CountyLos Angeles
- Zip Code90007
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1038 W 21st Street
Los Angeles, CA
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