5123 W 21st St , Los Angeles, CA 90016
$2,278,000
Est. Payment: $11,971.87/mo
4105 Sqft
0.18 Acres
Status: active | Days on site: 2
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CLW-X83668 - CLW-C146370
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House Description

Exceptional investment opportunity in the heart of Mid-City! Delivered 100% vacant, this fourplex offers two beautifully remodeled, move-in-ready front units, plus two existing rear units with city-approved plans to complete their renovations. A unique opportunity for investors and owner-users looking to maximize rental income and build long-term value.The two front residences have been completely remodeled, featuring bright, spacious interiors, contemporary finishes, updated kitchens with stainless steel appliances, and beautifully appointed bathrooms. The larger residence offers three bedrooms, two-and-a-half bathrooms, a bonus room, and an expansive balcony, providing additional living and entertaining space. The second residence features two bedrooms and one bathroom, also fully remodeled with appliances included, including a washer and dryer.The two rear structures are already standing and will be sold with city-approved renovation plans, providing the next owner with an opportunity to complete the existing improvements rather than undertake new ground-up construction. Upon completion according to the approved plans, the rear units will offer two bedrooms and one-and-a-half bathrooms and one bedroom and one-and-a-half bathrooms. With all four units delivered vacant, the possibilities are plentiful. Investors can establish new rental income streams as the units are completed, while owner-users can occupy one of the remodeled residences, rent out the other, and oversee the rear renovations. Situated on a beautiful residential street with ample parking and convenient access to West Adams, Culver City, and surrounding Los Angeles neighborhoods, this property offers an attractive combination of immediate leasing potential, renovation upside, and long-term investment value.

Highlights

Listed by Autumn Davis , 562-708-2145 Pure Luxury Realty , 424-327-5554. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.18

Year Built

1928

County

Los Angeles

Area

C16 - Mid Los Angeles

Listing ID

26105940

Questions about this listing?

Contact Agent

Interior Features

Appliances:Dishwasher, Gas Cooktop, Disposal, Microwave, Dryer
Air Cond:Central Air
Fireplaces:

Exterior Features

Lot:No Land Lease
Garage Capacity:6
Zoning:LARD2
Others:
  • ▪ Additional:Fixer, Updated/Remodeled, Under Construction, 2+ Total Units
Sewer:Other
Parking Features:Covered,Carport

Open House

Upcoming Open Houses
Saturday 12:00 pm - 3:00 pm Nov 7
Sunday 12:00 pm - 3:00 pm Nov 8
Principal Interest
$11,972
Taxes
$1,452

Home Price

$2,278,000

Loan Details

30 yrs
6.875%

Down Payment

20%
$455,600
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$11,971.87

Principal

Taxes

Principal Taxes HOA Total
Monthly $11,971.87 $1,452.23 $0.00 $13,424.10
Yearly $143,662.45 $17,426.70 $0.00 $161,089.15
Total $4,309,873.45 $522,801.00 $0.00 $4,832,674.45

Today's Rates

30 Year

6.88%

20 Year

6.86%

15 Year

6.33%

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-11-07T01:31:48.000Z

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