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8 Beds
8 Baths
4,105 sqft

$2,278,000

5123 W 21st St, Los Angeles CA, 90016

Price per sqft$554.93
Built in1928
Property size4,105 sqft
Property typeMulti-family

Overview

Active

Listed Nov 4, 2026

Updated 15h ago

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.

$15,156/mo

Est. mortgage payment based on a $2,278,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26105940

Interior Features

Bedrooms
8
Bathrooms
8
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.18 Acres

Other Property Details

Garage
Yes
View
Yes

Listed by Autumn Davis with Pure Luxury Realty
Listing Contact: 562-708-2145 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Margaret Reifer shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2026 Combined L.A./Westside MLS. All rights reserved.

Data last updated 11/11/2026

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