868 W 21st Street, Los Angeles, CA 90007

$700,000
List Price
$700,000
Status
ACTIVE UNDER CONTRACT
MLS#
DW24031915
Year Built
1923
Lot Size
1,615
Acres
0.04
Lot Location
0-1 Unit/Acre
Days on Market
99
Property Type
Multifamily
Property Sub Type
Duplex

Property Description

Properties are under Los Angeles RENT CONTROL tenants are on SECTION 8 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

Additional Information

Pool Description
None
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
2
Gross Scheduled Income
$57,768
Operating Expense
3360

Listing courtesy of Listing Agent: Hector Gonzalez (ettoregonzallini@yahoo.com) from Listing Office: Century 21 A Better Service.

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.