36-Unit Apartment Building in Los
21921 Lanark St, Los Angeles, CA 91304
36 units, upside potential, near transit and recreation.
Type:Multifamily
Property size:
32,360 SFPrice / SF:
$258/SF- Added:
- Mar 17, 2026
- Days on Market:
- 57
- Last Refresh:
- Mar 19 at 11:51 pm
Property Features for 21921 Lanark St
General Information
- Standard status
- Active
- Size
- 32,360 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1965
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 within a one‑mile radius.
- Transit Oriented Communities (TOC) Tier 3, walking distance to Sherman Way/Canoga Orange Line Metro Station.
- Approximately 33% upside potential.
- New roof installed in Year 2023 on both buildings.
- Located in an Opportunity Zone (OZ).
Overview
This 36-unit apartment building features 20 two-bedroom units, 7 three-bedroom units, and 1 studio unit. It presents a portfolio acquisition opportunity, either individually or with six additional properties totaling 161 units within a one-mile radius. The property is located a short drive from the $10B RAMS Village development and benefits from its location in a Transit Oriented Communities (TOC) Tier 3 area and an Opportunity Zone (OZ). The property has approximately 33% upside potential. A new roof was installed in 2023 on both buildings. Residents benefit from the property's proximity to the Sherman Way/Canoga Orange Line Metro Station, as well as the Lanark Recreation Center directly across the street. Security features include a video camera system at the building and parking entrances, and security gates for apartment units. On-site management is available. The property includes new water heaters, two washers, and two dryers. The foundation of the apartment complex is raised. There are 35 total parking spaces, including 23 tuck-under spaces and 12 covered spaces. Residents can enjoy a swimming pool with a secure entrance. Apartment units are powered by both gas and electricity and feature wall unit HVAC. Horizontal pipes have been replaced with copper pipes. The property was featured in the movie Tortilla Soup with Raquel Welch.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.6053
- Latitude
- 34.21771
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 36 units, upside potential, near transit and recreation.
Where is this apartment building located?
The property is located at 21921 Lanark St Los Angeles, CA.
What is the asking price?
The asking price for this property is $8,350,000.
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 within a one‑mile radius.; Transit Oriented Communities (TOC) Tier 3, walking distance to Sherman Way/Canoga Orange Line Metro Station.
