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663 W 21st Street, Los Angeles, CA 90007

Los Angeles
Local realty services provided by:CENTURY 21 Sierra Properties
663 W 21st Street,Los Angeles, CA 90007
$595,000
  • 5 Beds
  • - Baths
  • 2,376 sq. ft.
  • Multi-family
  • Active
Listed by: eliza kerndian
Office: keller williams beverly hills
MLS#:CL26762587
Source:Bay East, CCAR, bridgeMLS

Price summary

  • Price:$595,000
  • Price per sq. ft.:$250.42

About this home

Prime investment opportunity near the heart of Downtown Los Angeles and the highly sought-after USC area! Welcome to 633 W 21st Street, a well-maintained three-unit residential income property offering strong rents, updated interiors, low operating costs, and exceptional long-term upside. Nestled in a high-demand rental corridor west of the 110 Freeway, north of Adams Blvd, south of Washington Blvd, and between Figueroa & Hoover, this location provides unbeatable access to USC, Exposition Park, LA Coliseum, Banc of California Stadium, Downtown LA job centers, public transit, and major freeways.This two-story building features an excellent unit mix ideal for stable cash flow: one 3-bedroom/3-bath unit, and two 1-bedroom/1-bath units. The property delivers a combined monthly rent of $5,887, producing $70,644 in annual gross income, supported by a strong 8% cap rate and 8.8 GRMa rare find in this location and price segment. Current rents: 1BR @ $1,510, 1BR @ $1,673, and 3BR @ $2,740....

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Home facts

  • Year built:1928
  • Listing ID #:CL26762587
  • Added:9 day(s) ago
  • Updated:May 06, 2026 at 11:25 AM

Rooms and interior

  • Bedrooms:5
  • Living area:2,376 sq. ft.

Heating and cooling

  • Heating:Wall Furnace

Structure and exterior

  • Year built:1928
  • Building area:2,376 sq. ft.
  • Lot area:0.05 Acres

Finances and disclosures

  • Price:$595,000
  • Price per sq. ft.:$250.42

Parking

  • Parking description:Street Parking
MLS LogoBay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at May 6, 2026

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