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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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1016 21st Street, Los Angeles – $2,950,000

  • 10 Beds
  • 10 Baths
  • 4,033 Sqft
  • .15 Acres
  • 10 Beds
  • 10 Baths
  • 4,033 Sqft
  • .15 Acres

1016 21st Street

IMPROVED PRICE to sell !! Don't miss out on this exceptional income-producing opportunity!! Seize this rare opportunity to own a high-yield, fully remodeled student housing property just minutes from USC and Downtown Los Angeles. Strategically located with easy access to the 10 Freeway, this TURNKEY 5-Units is designed for strong rental demand and maximum returns. The property features a completely renovated 4-unit main house with (2) 3-bedroom units on the first floor and (2) 2-bedroom units on the second floor, totaling 10 bedrooms and 10 bathrooms. Additionally, newly constructed 5-unit ADU offers 5 more bedrooms and bathrooms, increasing rental income potential. Each unit comes fully furnished with modern appliances, in-unit washers and dryers, sleek kitchens, hardwood floors, and premium finishes throughout all designed for hassle-free management and top-tier tenant appeal. With strong rental upside, a prime location near one of the nation's top universities, and a completely updated interior, this investment is built for success.

Essential Information

  • MLS® #25523587
  • Price$2,950,000
  • Bedrooms10
  • Bathrooms10.00
  • Square Footage4,033
  • Acres0.15
  • TypeResidential Income
  • StyleTraditional
  • StatusActive

Community Information

  • Address1016 21st Street
  • AreaC42 - Downtown L.A.
  • CityLos Angeles
  • CountyLos Angeles
  • Zip Code90007

Amenities

  • Parking Spaces5
  • PoolNone

Parking

Door-Multi, Driveway, Garage, Gated

Garages

Door-Multi, Driveway, Garage, Gated

Interior

  • HeatingCentral
  • CoolingCentral Air
  • FireplaceYes
  • FireplacesKitchen
  • # of Stories2
  • StoriesTwo

Appliances

Dishwasher, Microwave, Refrigerator, Dryer, Washer, Oven

Exterior

  • ExteriorConcrete
  • ConstructionConcrete

Additional Information

  • Date ListedApril 10th, 2025
  • Days on Market166
  • ZoningLARD1.5

Listing Details

  • AgentJ. Geo Kim
  • OfficeGAIA
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Price Change History for 1016 21st Street, Los Angeles, (MLS® #25523587)

Date Details Change
Price Reduced from $3,150,000 to $2,950,000 $200,000 (6.35%)

J. Geo Kim, GAIA.

Based on information from California Regional Multiple Listing Service, Inc. as of September 27th, 2025 at 1:50am PDT. 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.