1016 W 21st St - Apartments FOR SALE


Los Angeles, CA 90007- West Adams
$3,150,000 USD
310-866-9978
1016 W 21st St, Los Angeles, CA for Sale
$3,150,000 USD
Apartments - FOR SALE
1/15
null | 5.32% Cap Rate

1016 W 21st St
Los Angeles, CA 90007
West Adams


HIGHLIGHTS

  • 1 mile to USC campus (Walking distance)
  • 0.8 miles to USC Village (Walking distance)
  • 0.8 miles to Metro Blue Line (Walking distance)

OVERVIEW

Welcome to 1016 W 21st St, an exceptional USC Student Housing investment opportunity designed for students and professionals alike. Located just minutes from campus and Downtown Los Angeles, this property offers unparalleled convenience with easy access to the 10 Freeway. Its prime location ensures comfort and accessibility for tenants seeking proximity to USC.This fully remodeled property features a 4-unit main house, including (2) 3-bedroom units on the first floor and (2) 2-bedroom units on the second floor, totaling 10 bedrooms and 10 bathrooms. Additionally, there is a newly constructed 5-unit ADU comprising 5 bedrooms and 5 bathrooms.Every unit is fully furnished with brand-new modern appliances, including in-unit washers and dryers, sleek kitchens, hardwood floors, and stylish finishes throughout. With its turnkey setup, high-end furnishings, and prime location near one of the nation's top universities, this property is perfectly positioned to attract tenants and maximize rental potential.We are ready to welcome the right investor to seize this exceptional opportunity.

FOR SALE DETAILS

PRICE

$3,150,000 USD

PRICE/SF

$781 USD /SF

# OF UNITS

5

PRICE/UNIT

$630,000

CAP RATE

5.32%

% LEASED

40%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2023

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,505 SF

ZONING

RD1.5

APN/PARCEL ID

5124-005-001

ASK ABOUT THIS PROPERTY

Jessica ShinGAIAMore Info
310-866-9978

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Jessica ShinGAIAMore Info
310-866-9978

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