1016 W 21st St
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1016 W 21st St
5 Unit Apartment Building $3,150,000 ($630,000/Unit) Los Angeles, CA 90007
Investment Highlights
- 1 mile to USC campus (Walking distance)
- 0.8 miles to Metro Blue Line (Walking distance)
- 0.8 miles to USC Village (Walking distance)
- The property is within USC Department of Public Safety Patrol Zone: An area that is patrolled 27 hours, 7 days a week.
Executive Summary
Current Front House in Renovation is 2916 SF with 10 Bedrooms and 10 Bathrooms.
This is a very good opportunity to acquire a USC Student Housing investment property with 15 rental units that is currently in the process of renovation and development and to be completed by early August 2024 with CFO. The property is within the USC Department Patrol Zone area and that is patrolled seven days a week and about one mile to campus.
This is a very good opportunity to acquire a USC Student Housing investment property with 15 rental units that is currently in the process of renovation and development and to be completed by early August 2024 with CFO. The property is within the USC Department Patrol Zone area and that is patrolled seven days a week and about one mile to campus.
Property Facts
| Price | $3,150,000 | Building Class | B |
| Price Per Unit | $630,000 | Lot Size | 0.14 AC |
| Sale Type | Investment | Construction Status | Under Renovation |
| No. Units | 5 | Building Size | 2,916 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 2023/2025 |
| Apartment Style | Low Rise |
| Price | $3,150,000 |
| Price Per Unit | $630,000 |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | B |
| Lot Size | 0.14 AC |
| Construction Status | Under Renovation |
| Building Size | 2,916 SF |
| No. Stories | 2 |
| Year Built/Renovated | 2023/2025 |
Unit Amenities
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+3 | 2 | - | - |
| 2+2 | 2 | - | - |
| 5+5 | 1 | - | - |
Walk Score ®
Walker's Paradise (90)
Transit Score ®
Excellent Transit (79)
Bike Score ®
Very Bikeable (86)
PROPERTY TAXES
| Parcel Number | 5124-005-001 | Improvements Assessment | $397,800 |
| Land Assessment | $928,200 | Total Assessment | $1,326,000 |
PROPERTY TAXES
Parcel Number
5124-005-001
Land Assessment
$928,200
Improvements Assessment
$397,800
Total Assessment
$1,326,000
zoning
| Zoning Code | RD1.5 (Restricted Density Multiple Dwelling One-Family Dwellings, Two-Family Dwellings, Apartment Houses, Multiple Dwellings, Home Occupations) |
| RD1.5 (Restricted Density Multiple Dwelling One-Family Dwellings, Two-Family Dwellings, Apartment Houses, Multiple Dwellings, Home Occupations) |
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1016 W 21st St
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