CA > Los Angeles
Los Angeles, CA 90018,4006 W 21st St
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Los Angeles, CA 90018,4006 W 21st St
Los Angeles, CA 90018,4006 W 21st St
Los Angeles, CA 90018,4006 W 21st St
Los Angeles, CA 90018,4006 W 21st St
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$ 899,900
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Active Under Contract

4006 W 21st St Los Angeles, CA 90018

4 Beds

2 Baths

2,900 SqFt

UPDATED:

09/17/2024 09:30 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,900 sqft

Price per Sqft $310

MLS Listing ID 24-414457

Style Spanish Colonial

Bedrooms 4

Year Built 1923

Lot Size 6,100 Sqft

Acres 0.14

Property Description

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!

Location

State CA

County Los Angeles

Area Mid Los Angeles

Zoning LARD2

Rooms

Other Rooms None

Interior

Heating Floor, Wall, Fireplace

Cooling Ceiling Fan, Wall Unit(s)

Equipment None

Laundry Room

Exterior

Garage Driveway, Garage

Garage Spaces 3.0

Roof Type Flat

Building

Architectural Style Spanish Colonial

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Coldwell Banker Champion Realty

GUIDE SoCal

Broker | License ID: DRE#01976964

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4006 W 21st St