868 21st Street, Los Angeles

$700,000

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2 Beds
2 Baths
.04 Acre
0 Garage

Location, location, cash flow, cash flow, Welcome to this charming duplex nestled in a highly sought-after area, just minutes away from downtown LA, close to USC, Los Angeles memorial coliseum, Los Angeles Convention center, crypto.com Arena and major freeways. This property features two units, each offering 1 bedroom and 1 bathroom, meticulously maintained, check comps, property is under value because is being sold with tenants, 868 W - 1 br/ 1 bath tenant paying $1,311, 870 W - 1 br/ 1 bath tenant section 8 paying $1,316. Actual rents proforma on section 8 ,on this neighborhood Pays for 1 br $2,407. The units boast a clean and updated interior, perfect for modern living, This property also offers the lowest list price in the area, making it a great investment opportunity in a prime location. Don't miss out on this rare chance to own a piece of real estate in this desirable neighborhood! THIS PROPERTY WILL NOT LAST

Essential Information

MLS® #
DW24031915
Price
$700,000
Bedrooms
2
Bathrooms
2.00
Acres
0.04
Year Built
1923
Type
Residential Income
Sub-Type
Duplex
Status
Active Under Contract

Community Information

Address
868 21st Street
Area
C42 - Downtown L.A.
City
Los Angeles
County
Los Angeles
Zip Code
90007
Community Features
Street Lights, Sidewalks
Senior Community
N

Amenities

Pool
None

Interior

# of Stories
2

Exterior

Lot Description
0-1 Unit/Acre

Additional Information

Date Listed
February 14th, 2024
Days on Market
68
Zoning
LARD1.5

Listing Details

Agent
Hector Gonzalez
Office
Century 21 A Better Service
Property History
Status Changed from Active to Active Under Contract

LISTING MAP

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Based on information from California Regional Multiple Listing Service, Inc. as of April 28th, 2024 at 3:15pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.