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Six-Unit Apartment Building
For Sale
$1,175,000

3201 West 21st Street, Los Angeles, CA 90018

Well-maintained six-unit building with 12 bedrooms and 6 bathrooms, including one currently vacant unit.

Property Size6,092 SF
Price / SF$192.88
Days on Market77

Property Features for 3201 West 21st Street

General Information

Standard status Active
Size 6,092 SF
Property subtype Commercial Sale / Multi Family
Net Operating Income $76,668

Additional Details

Multifamily Units 6

Building Details

Year Built 1927
Buildings 1
Listing Agency: Compass
Listed By: Carla Jamison · License #01260624
Source: Compass
Added: Jun 10 Changed: Aug 25 Last Checked: Aug 24 at 12:16PM

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 Compass

Investment Insights

Based on property information with market context.

This well-maintained six-unit apartment building offers a total of 12 bedrooms and 6 bathrooms across spacious, bright, airy floor plans. The property includes one unit that is currently vacant, creating immediate leasing flexibility for an owner-operator or an investor looking to stabilize occupancy. Overall, the building presents a character-filled, residential income setup designed for long-term tenant use.

Located in Los Angeles, the property benefits from the convenience associated with an urban residential address in a large metropolitan market. The available unit provides a straightforward path to bringing the property back to full utilization without waiting for a turnover window.

For tenants, the building’s multi-unit layout supports a range of household needs across multiple bedrooms and bathroom configurations. For buyers, the mix of units and the currently vacant unit can simplify near-term planning and leasing execution. The combination of established residential floor plans and one in-place vacant unit makes this property practical for either an owner-user seeking a live-and-rent arrangement or an investor focused on operational management of a small, defined portfolio.

Key Highlights

  • Well‑maintained six‑unit apartment building in Los Angeles
  • 12 bedrooms and 6 bathrooms across the property
  • One unit currently vacant, offering immediate upside for an owner‑user or additional rental income

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic (Bike/Boat/Book/etc) Store Travel Agency

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

Location Intelligence

Trade Area within ½ mile

1,704
Businesses Nearby

Demographics for 90018, CA

50,179
Population
17,917
Households
2.8
Avg Household Size
37
Median Age
24%
College-Educated
74%
High-School Grad
3.0 sq mi
ZIP Area
16,726
Density / Sq Mi
$63,671
Median Household Income
$36,845
Median Earnings
$1,512
Median Rent
$886,800
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 - Well-maintained six-unit building with 12 bedrooms and 6 bathrooms, including one currently vacant unit.
Where is this apartment building located?
The property is located at 3201 West 21st Street Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,175,000.
What are key features of this property?
This property features: Well‑maintained six‑unit apartment building in Los Angeles; 12 bedrooms and 6 bathrooms across the property; One unit currently vacant, offering immediate upside for an owner‑user or additional rental income
More about this property
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