tomo logo

$3,150,000

Beds
15
sq ft
4,033

1016 W 21st St, Los Angeles, CA 90007

1016 W 21st St

Los Angeles, CA 90007

  • 3 days on market
Welcome to 1016 W 21st St, an exceptional USC Student Housing investment opportunity designed for students and professionals alike. Located just minutes from campus and Downtown Los Angeles, this property offers unparalleled convenience with easy access to the 10 Freeway. Its prime location ensures comfort and accessibility for tenants seeking proximity to USC.This fully remodeled property features a 4-unit main house, including (2) 3-bedroom units on the first floor and (2) 2-bedroom units on the second floor, totaling 10 bedrooms and 10 bathrooms. Additionally, there is a newly constructed 5-unit ADU comprising 5 bedrooms and 5 bathrooms.Every unit is fully furnished with brand-new modern appliances, including in-unit washers and dryers, sleek kitchens, hardwood floors, and stylish finishes throughout. With its turnkey setup, high-end furnishings, and prime location near one of the nation's top universities, this property is perfectly positioned to attract tenants and maximize rental potential.We are ready to welcome the right investor to seize this exceptional opportunity.

Details

Property type

Est. home value

$1,355,497

Property condition

Updated/Remodeled

Lot size

6,505 sq ft

Price per sq ft

$782

Year built

Unknown

HOA

No

Price History

01/16/2025
CLAW

CLAW #24460427

Listed
$3,150,000
+142.31%
10/28/2022
CLAW

CLAW #22169825

Sold
$1,300,000

Schools & Community

Neighborhood: 

University Park

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Cbp Fund V Llc

Loan start date

November 2022

Original loan amount

$1,400,000

Est. remaining balance

Not provided

Interest rate

6.7%

Loan type

Commercial, 2 year

Seller

1016 W 21St St Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/23/2025 at 10:25 PM

Listing updated: 01/22/2025 at 8:35 AM

Listed by: Hikari Eguma, GAIA Phone #: (310) 779-8213

MLS: CLAW #24460427

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