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    2336 W 21St St

    Los Angeles, CA 90018
    • $1,750,000
    • STATUS: Active
    • ON SITE: 11 days
    • ID#: 20-607690
    UPDATED: 33 min ago
    $1,750,000
    • 12
      BEDS
    • 0.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,095
      SQFT
    • $287
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1921
    County:

    School Ratings & Info

    Description

    5.15% CAP Rate on in Place Rents! Motivated Seller and Priced to Sell! Under $290 Per SqFt! 2336 W. 21st St is a unique 4-unit fully renovated, turn-key property in the heart of the Historic Arlington Heights Neighborhood. This gated and secured, two story historic apartment located on a wide tree-lined residential street, was built in 1921; however, was completed renovated in 2015 to bring back all the Victorian style charm and characteristics of the property. All the units are comprised of spacious 3 Bedroom units that provide a unique open floor plan averaging around over 1,500 SqFt with new flooring, kitchen, bathrooms, and offering in unit washer/dryer in each unit. Additionally, all the building systems have also been upgraded with new copper plumbing, electrical, roof, and water heaters. This is a great opportunity for an investor, or "Owner User" to collect healthy rental income year one, and benefit from minimum operating expenses. One unit can be delivered vacant.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-08-03T06:43:59.07. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.corrieluxuryhomes.com/homes/108114847
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    2336 W 21St St Los Angeles, CA 90018

    • Price: $1,750,000
    • Status: Active
    • Updated: 33 min ago
    • ID#: 20-607690
    12
    Beds
    0
    Baths
    0
    ½ Baths
    0.19
    Acres
    6,095
    SQFT
    $287
    $/SQFT
    1921
    Built
    Neighborhood:
    Mid Los Angeles
    County:
    Los Angeles
    Area:
    Mid Los Angeles
    Property Description
    5.15% CAP Rate on in Place Rents! Motivated Seller and Priced to Sell! Under $290 Per SqFt! 2336 W. 21st St is a unique 4-unit fully renovated, turn-key property in the heart of the Historic Arlington Heights Neighborhood. This gated and secured, two story historic apartment located on a wide tree-lined residential street, was built in 1921; however, was completed renovated in 2015 to bring back all the Victorian style charm and characteristics of the property. All the units are comprised of spacious 3 Bedroom units that provide a unique open floor plan averaging around over 1,500 SqFt with new flooring, kitchen, bathrooms, and offering in unit washer/dryer in each unit. Additionally, all the building systems have also been upgraded with new copper plumbing, electrical, roof, and water heaters. This is a great opportunity for an investor, or "Owner User" to collect healthy rental income year one, and benefit from minimum operating expenses. One unit can be delivered vacant.
    Exterior Features

    Lot Size Area 8288 Other Structures None Parking Garage Garage Is Detached Style Victorian Total Parking 6 View Description None View YN No

    Interior Features

    Baths Total 8.00 Common Walls Attached Cooling None Equipment DryerDishwasherWasher Heating Wall Laundry In Unit Laundry Equipment Own

    Property Features

    Gross Income 125100 Gross Operating Income 121347 Like Units1 1 Like Units2 2 Like Units3 3 Like Units4 4 Net Operating Income 90205.00 Number Of Buildings 1 Number Of Units 4 Owner Pays WaterGardener Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Tenant Pays ElectricityCable TvGasTrash Collection Total Annual Expense 31142 Type Of Units Apartments Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lard1.5

    Listing provided courtesy of Kamfar Kyle Mirrafati DRE#01911204 of Matthews Real Estate Investment Services.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-08-03T06:43:59.07. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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