$ 899,900
4006 W 21st ST Los Angeles, CA 90018
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$ 899,900
Est. payment | /mo
4 Beds
2 Baths
2,900 SqFt
$ 899,900
Est. payment | /mo
4 Beds
2 Baths
2,900 SqFt
Key Details
Property Type Multi-Family
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 2,900 sqft
Price per Sqft $310
MLS Listing ID 24414457
Bedrooms 4
HOA Y/N No
Year Built 1923
Lot Size 6,098 Sqft
Property Description
Motivated Seller! Reduced Price on tenant-occupied Duplex in Desirable Arlington Heights. Exceptional investment opportunity near Country Club Park, Western Heights, Koreatown, and West Adams. This two-story Spanish Colonial duplex, built in 1923, is now listed at a significantly reduced price because property will be sold tenant-occupied. Property features two nearly identical units, each with 2 bedrooms, 1 bathroom, a spacious living room, formal dining room, kitchen, and laundry room, each approximately 1,450 sq. ft. The property includes (3) 1-car garages with potential for ADU conversion to increase rental income. With 2,900 sq. ft. of living space on a 6,098 sq. ft. LARD2 zoned TOC Tier 2 lot, this property offers versatility and significant upside potential at market rents or upon redevelopment. Listing price improved because existing rents are below market and subject to Los Angeles City Rent Stabilization Ordiance (RSO). Buyer must take the property AS-IS, tenant occupied, subject to tenant rights. No exceptions. Conveniently located near the 10 and 405 freeways, the property provides easy access to DTLA, LAX, employment centers, restaurants, shopping, museums, and Westside beaches. Arlington Heights is a growing community with historic landmarks and beautiful architecture, making it an ideal place for multifamily investment. Don't miss out on this motivated seller and reduced price opportunity! Submit offers subject to interior inspection today!
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LARD2
Interior
Heating Fireplace(s), Wall Furnace
Fireplace No
Laundry Laundry Room
Exterior
Garage Driveway, Garage
Garage Spaces 3.0
Garage Description 3.0
Parking Type Driveway, Garage
Total Parking Spaces 3
Building
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5060010022
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Special Listing Condition Standard
Listed by Christie Thomas • Coldwell Banker Champion Realty