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Six-Unit Apartment Building
For Sale
$1,950,000

5144 W 21st Street, Los Angeles, CA 90016

Two-story property with individually metered gas and electric service.

Property Size4,612 SF
Days on Market539

Property Features for 5144 W 21st Street

General Information

Standard status Active
Size 4,612 SF
Property subtype Apartment

Site & Location

Highway Access Yes
Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 2 x studio, 4 x 1BR/1BA
Multifamily Units 6

Building Details

Building Size 4,612 SF
Year Built 1964
Buildings 1
Stories 2
Listing Agency: Equity Smart Real Estate Services
Listed By: Alan Cruz · License #01518829
Source: Velocityrealtysd
Added: Feb 20, 2025 Changed: Aug 13 Last Checked: Aug 13 at 4:02AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Equity Smart Real Estate Services

Investment Insights

Based on property information with market context.

This two-story apartment property contains six units, including two studios with one bathroom each and four one-bedroom, one-bathroom residences. Built in 1964, the building has a recently installed roof, on-site parking, and a garage assigned to each unit. All residences have been maintained and are leased on a month-to-month basis.

The property is located in Mid City, Los Angeles, with access to the 10 Freeway, the Westside, and nearby bus lines. Gas and electric service are separately metered for every unit, supporting individual utility administration. Tenant and financial information is available upon request, and showings require an accepted offer.

Key Highlights

  • Six‑unit apartment building with 2 studios and 4 one‑bedroom units
  • Two studios with 1 bath each; four one‑bedroom units with 1 bath each
  • Recently installed roof

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Travel Agency Accounting Firm Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,420
Businesses Nearby

Demographics for 90016, CA

46,512
Population
19,529
Households
2.4
Avg Household Size
37
Median Age
32%
College-Educated
79%
High-School Grad
3.6 sq mi
ZIP Area
12,920
Density / Sq Mi
$71,067
Median Household Income
$42,292
Median Earnings
$1,729
Median Rent
$919,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two-story property with individually metered gas and electric service.
Where is this apartment building located?
The property is located at 5144 W 21st Street Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Six‑unit apartment building with 2 studios and 4 one‑bedroom units; Two studios with 1 bath each; four one‑bedroom units with 1 bath each; Recently installed roof
More about this property
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