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4006 W 21st St, Los Angeles, CA 90018

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For Sale

$899,900

4 beds

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family Home
    Property type

  • 1923
    Year built

  • Over 50 Years Old
    Age

  • 3 Car Garage
    Garage Count

Explore this Property

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!
MLS# 24_414457

Courtesy Of Coldwell Banker Champion Realty

310-439-8570

Property Features

  • Age
    Over 50 Years Old
  • Garage Count
    3 Car Garage
  • Lot Size
    0.14 Acres
  • Style
    Colonial

Map and Directions

Directions to 4006 W 21st St, Los Angeles, CA 90018
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