N/A
Bedrooms
$815,000
FOR SALELos Angeles, CA
MLS# SB26201918
Aaron Jacobson
Listing Agent
Lyon Stahl Investment Real Estate, Inc.
DRE #: 02100737
(310) 729-1559Brokerage: Lyon Stahl Investment Real Estate, Inc.
William James
Co-Listing Agent
Lyon Stahl Investment Real Estate, Inc.
DRE #: 01734419
Brokerage: Lyon Stahl Investment Real Estate, Inc.
N/A
Bedrooms
N/A
Bathrooms
N/A
Square Feet
1907
Year Built
8,639 sqft
Lot Size
N/A
Price/Sq Ft
8
Garage Spaces
N/A
HOA
Apartment
Property Type
1352 E 21st St presents an exceptional opportunity to acquire a 5 unit multifamily property in Los Angeles, offered at $815,000. The building consists of (2) 1 Bed/1 Bath, (2) 2 Bed/1 Bath, and (1) 3 Bed/1 Bath Units, providing a desirable unit mix that caters to a wide tenant pool. Additionally, the property provides 8 parking spaces, all situated on 5,184 rentable square feet. With a 7.15% Cap Rate and 8.81 GRM, the asset delivers solid day- one returns while still offering room to enhance value through rent optimization. Pro forma rents reflect a 45.27% increase in scheduled income, highlighting meaningful value-add upside. Located in a growing pocket of Los Angeles, the property is surrounded by trendy cafes, popular restaurants, and boutique retail, with convenient access to Downtown Los Angeles and major transit corridors. The area's strong rental demand and ongoing revitalization continue to support long-term appreciation.
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1352 E 21st Street
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