Remodeled Triplex with Bungalow
For Sale
$790,000
515 E 21st St, Los Angeles, CA 90011
Three separate structures provide bungalow-style privacy with two renovated units and on-site parking.
Property Size2,154 SF
Days on Market166
Property Features for 515 E 21st St
General Information
Standard status
Active
Size
2,154 SF
Total Parking Spaces
5
Property subtype
MULTI_FAMILY
Units
Unit Mix
1 x 3BR, 2 x 1BR
Multifamily Units
3
Additional Details
Cap Rate
6.8%
Building Details
Building Size
2,154 SF
Year Built
1913
Buildings
3
Construction
bungalow-style
Listing Agency:
Lyon Stahl Investment Real Estate, Inc.
Listed By:
Sean Namigohar · License #01949705
Source:
Rochellemaize
Added: Mar 18
Changed: Aug 29
Last Checked: Jul 29 at 5:46AM
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.
Built in 1913, this triplex comprises three separate structures on one lot. The unit mix includes one three-bedroom residence and two one-bedroom bungalow-style units. The larger residence offers a dedicated living room and dining area, while one one-bedroom unit and the three-bedroom home have been extensively remodeled. Improvements include recessed lighting, hardwood flooring, stainless steel appliances, updated electrical systems, and upgraded plumbing.
The property includes five on-site parking spaces and is located at 515 E 21st St in Los Angeles. Downtown Los Angeles, Crypto Arena, and the University of Southern California campus are described as minutes away or nearby, with access to transportation routes, dining, entertainment, and cultural attractions. The asset is offered at a 6.8% cap rate and combines renovated units with one remaining unit identified for potential enhancement.
The property includes five on-site parking spaces and is located at 515 E 21st St in Los Angeles. Downtown Los Angeles, Crypto Arena, and the University of Southern California campus are described as minutes away or nearby, with access to transportation routes, dining, entertainment, and cultural attractions. The asset is offered at a 6.8% cap rate and combines renovated units with one remaining unit identified for potential enhancement.
Key Highlights
- Three‑unit property arranged across three separate structures on a single lot
- Unit mix includes one three‑bedroom residence and two one‑bedroom bungalow‑style units
- Two units extensively remodeled with hardwood flooring, stainless steel appliances, updated electrical, and upgraded plumbing
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
5,060
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Triplex - Three separate structures provide bungalow-style privacy with two renovated units and on-site parking.
Where is this triplex located?
The property is located at 515 E 21st St Los Angeles, CA.
What is the asking price?
The asking price for this property is $790,000.
What are key features of this property?
This property features: Three‑unit property arranged across three separate structures on a single lot; Unit mix includes one three‑bedroom residence and two one‑bedroom bungalow‑style units; Two units extensively remodeled with hardwood flooring, stainless steel appliances, updated electrical, and upgraded plumbing
