Four-Unit Quadplex with
4051 W 21st, Los Angeles, CA 90018
For Sale
$1,325,000
Four one-bedroom residences have individual front entrances, rear exits, and dedicated uncovered parking at the back of the property.
Property Size4,716 SF
Lot Size0.14 Acres
Price / SF$280.96
Days on Market50
Property Features for 4051 W 21st
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Neighborhood
Highway Access
Public Transit
Units
Unit Mix
Multifamily Units
Amenities
balcony
Building Details
Building Size
Year Built
Listing Agency:
Wyrick Realty Partners
Listed By:
Carmyn Wyrick · License CA #01792993
Source:
Truthrealty
Added: Sep 26
Changed: Nov 5
Last Checked: Nov 12 at 5:48PM
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 Wyrick Realty Partners
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1926, this quadplex contains four residences totaling 4,716 square feet on an approximately 6,043-square-foot lot. Each unit has one bedroom and one bathroom, a private front balcony, and its own front entrance, with rear exit access. Uncovered parking spaces are positioned behind the building.
The property is in Arlington Heights, with access to Downtown Los Angeles, Culver City, USC, Koreatown, the Westside, major freeways, public transportation, shopping, dining, and entertainment.
The property is in Arlington Heights, with access to Downtown Los Angeles, Culver City, USC, Koreatown, the Westside, major freeways, public transportation, shopping, dining, and entertainment.
Key Highlights
- Four residences totaling 4,716 square feet on an approximately 6,043‑square‑foot lot
- Each unit includes 1 bedroom and 1 bathroom
- Individual front entrances, rear exit access, and a small front balcony for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$82,358
Cap Rate
6.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,647,160
$1.6M
Cap Rate 7%
$1,176,543
$1.2M
Cap Rate 9%
$915,089
$915.1K
Market Conditions
NOI Build-Up for 4,716 SF
Gross rent
$127.3K $27.00/SF
− Vacancy
−$9.7K −$2.05/SF
EGI
$117.7K $24.95/SF
− OpEx
−$35.3K −$7.48/SF
NOI
$82.4K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,647,160
Cap Rate 7%
$1,176,543
Cap Rate 9%
$915,089
Alternative Uses
Best Use
Multifamily LT 5
$1.18M
$1.03M – $1.37M
NOI $82,358 @ 7.0% cap · market cap 6.22%
Second Best
Apartment 5plus
$1.08M
$948.6K – $1.26M
NOI $75,884 @ 7.0% cap · market cap 5.73%
Theoretical Best
Office A
$1.97M
$1.72M – $2.30M
NOI $137,829 @ 7.0% cap · market cap 10.40%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,269
Businesses Nearby
Explore this area
Business Placement
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
$886,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Quadplexes in Los Angeles, CA
Properties on Market for Quadplexes in Los Angeles
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Four one-bedroom residences have individual front entrances, rear exits, and dedicated uncovered parking at the back of the property.
Where is this quadplex located?
The property is located at 4051 W 21st Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,325,000.
What are key features of this property?
This property features: Four residences totaling 4,716 square feet on an approximately 6,043‑square‑foot lot; Each unit includes 1 bedroom and 1 bathroom; Individual front entrances, rear exit access, and a small front balcony for each unit
