33-Unit Multifamily Property in Los
21909 Lanark St, Los Angeles, CA 91304
33-unit apartment building near RAMS Village development and public transit.
Type:Multifamily
Property size:
30,091 SFPrice / SF:
$232/SF- Added:
- Mar 17, 2026
- Days on Market:
- 57
- Last Refresh:
- Mar 19 at 11:51 pm
Property Features for 21909 Lanark St
General Information
- Standard status
- Active
- Size
- 30,091 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1964
Listing agent Reza Ghobadi License #01780045
Listing office Colliers - Los Angeles - Woodland Hills, California
Listing date Mar 17, 2026
Source Crexi
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 Colliers - Los Angeles - Woodland Hills, California
HighLights
- Attractive existing assumable loan - contact agent for more information.
- Portfolio acquisition opportunity: Purchase individually or with six additional properties totaling 161 units.
- Located in an Opportunity Zone (OZ) with approximately 50% upside potential.
- Transit Oriented Communities (TOC) Tier 3, walking distance to Sherman Way/Canoga Orange Line Metro Station.
- New roof installed in Year 2023 on both buildings and water heater replaced in January 2023.
- 33‑unit apartment building with a desirable unit mix: 29 two‑bedroom, 2 three‑bedroom, and 2 one‑bedroom units.
Overview
This 33-unit apartment building features 29 two-bedroom units, 2 three-bedroom units, and 2 one-bedroom units. It is located a short drive from the $10B RAMS Village development and is within walking distance of the Sherman Way/Canoga Orange Line Metro Station. The property is located in an Opportunity Zone and is designated as a Transit Oriented Communities (TOC) Tier 3. A new roof was installed in 2023 on both buildings, and a soft story retrofit was completed in 2019. The property has a video camera security system at the building and parking entrance, and security gates for the apartment units. On-site management is available. Laundry facilities include 2 washers and 2 dryers. The foundation of the apartment complex is raised. There are 33 total parking spaces, including 19 tuck-under spaces and 14 covered spaces. Each apartment unit has a wall unit HVAC. The water heater was replaced in January 2023. All electrical powered and only the water heater is gas powered. The Lanark Recreation Center is directly across the street. The property presents a portfolio acquisition opportunity, either individually or with six additional properties totaling 161 units within a one-mile radius.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.60497
- Latitude
- 34.2177
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 33-unit apartment building near RAMS Village development and public transit.
Where is this apartment building located?
The property is located at 21909 Lanark St Los Angeles, CA.
What is the asking price?
The asking price for this property is $7,000,000.
What are key features of this property?
This property features: Attractive existing assumable loan - contact agent for more information.; Portfolio acquisition opportunity: Purchase individually or with six additional properties totaling 161 units.; Located in an Opportunity Zone (OZ) with approximately 50% upside potential.
