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Five-Unit Apartment Building
New
For Sale
$815,000

1352 E 21st ST, Los Angeles, CA 90011

Multifamily property with a varied unit mix, dedicated parking, and access to Downtown Los Angeles and major transit corridors.

Property Size5,184 SF
Days on Market4

Property Features for 1352 E 21st ST

General Information

Standard status Active
Size 5,184 SF
Net Rentable 5,184 SF
Total Parking Spaces 8
Property subtype Apartment

Financials

Asking Price $815,000
Cap Rate 7.15%
Gross Rent Multiplier 8.81

Units

Unit Mix 2 x 1BR/1BA, 2 x 2BR/1BA, 1 x 3BR/1BA
Multifamily Units 5

Building Details

Building Size 5,184 SF
Year Built 1907
Buildings 1
Listing Agency: Lyon Stahl Investment Real Estate, Inc.
Listed By: Aaron Jacobson · License #02100737
Source: Jademillsestates
Added: Sep 15 Changed: Sep 17 Last Checked: Sep 17 at 2:18AM

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 Lyon Stahl Investment Real Estate, Inc.

Investment Insights

Based on property information with market context.

This multifamily property contains five apartments across 5,184 rentable square feet, with a mix of two 1-bedroom/1-bath units, two 2-bedroom/1-bath units, and one 3-bedroom/1-bath unit. The 1907 building includes eight parking spaces and offers a range of layouts within a compact apartment configuration. Financial metrics include a 7.15% cap rate and an 8.81 GRM.

The property is located in Los Angeles near cafes, restaurants, and boutique retail, with access to Downtown Los Angeles and major transit corridors. The surrounding area is described as a growing neighborhood with ongoing revitalization and rental demand.

Key Highlights

  • Five‑unit apartment property with 5,184 rentable square feet
  • Unit mix includes two 1 Bed/1 Bath, two 2 Bed/1 Bath, and one 3 Bed/1 Bath units
  • 8 parking spaces included

Property Analytics

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Current Use

Shelton Brothers Plumbing Plumbing Service

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Gym & Fitness Center Acupuncture (Bike/Boat/Book/etc) Store

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

5
Residential units

Location Intelligence

Trade Area within ½ mile

2,451
Businesses Nearby

Demographics for 90011, CA

102,308
Population
25,119
Households
4.1
Avg Household Size
30
Median Age
6%
College-Educated
43%
High-School Grad
4.3 sq mi
ZIP Area
23,793
Density / Sq Mi
$53,781
Median Household Income
$27,889
Median Earnings
$1,497
Median Rent
$575,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Multifamily property with a varied unit mix, dedicated parking, and access to Downtown Los Angeles and major transit corridors.
Where is this apartment building located?
The property is located at 1352 E 21st ST Los Angeles, CA.
What is the asking price?
The asking price for this property is $815,000.
What are key features of this property?
This property features: Five‑unit apartment property with 5,184 rentable square feet; Unit mix includes two 1 Bed/1 Bath, two 2 Bed/1 Bath, and one 3 Bed/1 Bath units; 8 parking spaces included
More about this property
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