SoldJun 24, 2025

Listed by Gianluca Jacoli and Jonathan Nikfarjam from Shield CRE, Inc.

Bought with Fred DiBernardo

Source: Combined LA Westside Multiple Listing Service, Inc #25526007

559 West 21st Street, Los Angeles, CA, 90731

$1,290,000

8
5
8
4339 sq. ft.
5000 sq. ft.

Other

30+ days on the market

Sold: Jun 24, 2025

What's around 559 West 21st Street

About this property

Fourplex in Desirable San Pedro Location - Just a Few Blocks from Cabrillo Marina & the Pacific Ocean | 1978 Construction | No Local Rent Control - Defaults to AB 1482* | Outstanding Unit Mix of (One) 3-Bedroom/2-Bathroom Unit, (Two) 2-Bedroom/1-Bathroom Units & (One) 1-Bedroom/1-Bathroom Unit Residential Asset - Presents Desirable Owner-User Opportunity | Each Unit Contains Washer/Dryer Hook-Ups | Located Near L.A. Waterfront, San Pedro Plaza Park and Upcoming West Harbor Development, San Pedro Promenade & Future Site of 6,200-Seat Waterfront Amphitheater | Total of 8 Parking Spaces | Some Units Contain Private Balconies | Qualifies for Residential Financing | 4.63% Current Cap Rate & 13.63 Current GRM | 6.25% Pro-Forma Cap Rate & 11.10 Pro-Forma GRM | Close Proximity to World Cruise Center, Battleship USS Iowa Museum, the Los Angeles Maritime Museum & the Port of San Pedro & Port of Long Beach

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