Located just blocks from USC in the heart of Los Angeles, this prime investment property features two buildings: a front four-unit structure with 1-bedroom, 1-bath units, and a rear detached single-family home with 3 bedrooms and 2 baths. Ideal for student housing or long-term investment, it offers strong rental potential in a high-demand area. The seller complies with Los Angeles Rent Control regulations and provides tenant relocation credits up to the maximum allowed. A rare opportunity combining location, value, and income potential.
Listed by Alex Avilez
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License #01271332
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TOP PRODUCERS REALTY PARTNERS
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626-290-6900
Last updated March 09, 2026
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Source: CRMLS #CV25101490
Listing Facts
TypeMulti-family
NeighborhoodUniversity Park
Days on Prevu312
Amenities
Parking
Location
Mortgage Calculator
Listing History
10/28/2025
Status changed to Active
$975,000
10/21/2025
Status changed to Removed from Feed
$975,000
10/17/2025
Status changed to Active
$975,000
10/16/2025
Status changed to Removed from Feed
$975,000
10/04/2025
Status changed to Active
$975,000
10/03/2025
Status changed to Removed from Feed
$975,000
09/20/2025
Status changed to Active
$975,000
09/19/2025
Status changed to Removed from Feed
$975,000
09/18/2025
Status changed to Active
$975,000
09/16/2025
Status changed to Removed from Feed
$975,000
09/12/2025
Status changed to Active
$975,000
09/08/2025
Status changed to Removed from Feed
$975,000
09/07/2025
Status changed to Active
$975,000
09/05/2025
Status changed to Removed from Feed
$975,000
09/05/2025
Status changed to Active
$975,000
09/03/2025
Status changed to Removed from Feed
$975,000
08/27/2025
Price Decreased
$975,000
08/08/2025
Price Decreased
$1,100,000
07/24/2025
Status changed to Active
$1,300,000
07/23/2025
Status changed to Removed from Feed
$1,300,000
06/28/2025
Status changed to Active
$1,300,000
06/27/2025
Status changed to Removed from Feed
$1,300,000
05/09/2025
Listed by TOP PRODUCERS REALTY PARTNERS
$1,300,000
Property Details for 1038 W 21st Street
Association
Amenities
Community Features: Street Lights, Suburban, Sidewalks
Exterior
Construction
Number Of Units Total: 5
Property Attached: Yes
Stories Total: 2
Year Built: 1914
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: 1
Measurements
Building Area Total: 6,006
Building Area Units: Square Feet
Lot Features: 0-1 Unit/Acre
Lot Size Acres: 0.14
Lot Size Area: 6,507
Lot Size Source: Assessor
Lot Size Square Feet: 6,507
Lot Size Units: Square Feet
Financial
Residential Income
Operating Expense: $9,046.00
Taxes
Parcel Number: 5124005005
Other
Location
Tax Block: 4
Tax Lot: 5
Utilities
Equipment
Laundry Features: Common Area
Sewer: Public Sewer
Water Source: Private
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 1038 W 21st Street.
How does 1038 W 21st Street compare to other multi-family homes in University Park?
This multi-family home is listed 78% below the average price for multi-family homes in University Park and has been on the market for 213 more days than the typical home in this area.
1038 W 21st Street is a -bedroom multi-family home for sale in Los Angeles CA 90007. Available on Prevu for 312 days at $975,000. This includes a recent price decrease of $125,000. This home is located in University Park. The median listing price for multi-family homes in this area is $3,212,500. Property amenities include parking. View other multi-family home listings in Los Angeles.
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.