5123 W 21st St, Los Angeles, CA 90016
5123 W 21st St, Los Angeles, CA 90016
5123 W 21st St, Los Angeles, CA 90016
60
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$2,278,000
Est. payment /mo
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8 Beds
8 Baths
4,105 SqFt
Open Sat 12PM-3PM

5123 W 21st St Los Angeles, CA 90016

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Sheila Ponder

Sheila Ponder

+1(725) 242-3833

Open House

Sat Nov 07, 12:00pm - 3:00pm

Sun Nov 08, 12:00pm - 3:00pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,105 sqft

Price per Sqft $554

MLS Listing ID 26105940

Bedrooms 8

Construction Status Fixer, New Construction, Under Construction, Updated/Remodeled

Year Built 1928

Lot Size 7,703 Sqft

Acres 0.1768

Property Sub-Type Multi-Family

Property 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.

Location

State CA

County Los Angeles

Area Mid Los Angeles

Zoning LARD2

Rooms

Other Rooms None

Kitchen Quartz Counters, Remodeled, Skylight(s)

Interior

Heating Central

Cooling Air Conditioning, Central

Fireplaces Type None

Inclusions All brand new appliances

Equipment Dishwasher, Gas Dryer Hookup, Dryer, Microwave, Hood Fan, Garbage Disposal

Laundry Inside

Exterior

Parking Features Covered Parking, Carport

Garage Spaces 6.0

Pool None

View Y/N Yes

View City

Building

Story 2

Sewer Public Hookup Available

Water Public

Level or Stories Multi/Split

Construction Status Fixer, New Construction, Under Construction, Updated/Remodeled

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Pure Luxury Realty

NEARBY SCHOOL & BUSINESS

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Sheila Ponder

Sheila Ponder

Agent RE.S.0197943

+1(725) 242-3833

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5123 W 21st St