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515 E 21st St
Los Angeles, CA 90011 Southeast Los Angeles

$845,000 USD

Apartments For Sale • 2,200 SF

Property Details

Property Type Apartments
Total Building Size 2,200 SF
Lot Size 0.14 AC
Building Class C
Year Built 1913
Cap Rate 6.32 %
Zoning LARD2

90 Transit Score

90 Walk Score

                
                    Highlights
                
                                A Rare 3-Unit Apartment Community Featuring 3 Separate Structures on the Lot
                            
                                2 of the 3 Units Have Been Remodeled Down To The Studs with High End Modern Finishes
                            
                                Recessed Lighting, New Hardwood Floors, Stainless Steel Appliances, New Electrical and Upgraded Plumbing in the Remodeled Units
                            
                                Large 3-Bedroom Remodeled Unit with a Living Room and Dining Room
                            
                                6.32% CAP Rate at the Asking Price
                            
                                5 Parking Spaces On-Site

Financial Summary (Actual)

Net Operating Income: $53,407 USD (2026)

Cap Rate:	6.32 %
Total Expenses:	$21,112 USD

Major Tenants

Tenant	SF Occupied	Lease End Date
LRS - 515 E 21st St

Public Transportation

Commuter Rail	Drive	Walk	Distance
	7 min	-	3.0 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	9 min	-	3.2 mi
Transit/Subway	Drive	Walk	Distance
San Pedro Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro))	1 min	8 min	0.4 mi
Grand Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro))	4 min	14 min	0.7 mi
LATTC/Ortho Institute (Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro))	4 min	17 min	0.9 mi
Airport	Drive	Walk	Distance
Los Angeles International	25 min	-	14.6 mi
Bob Hope	30 min	-	20.6 mi
Long Beach (Daugherty Field)	31 min	-	21.3 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	5
Type:	Surface
Included in Rent:	Yes

Sean Nami 310-279-7779 Lyon Stahl Investment Real Estate

515 E 21st St Los Angeles, CA 90011 Southeast Los Angeles