Pending

1343 E 21st Street

Los Angeles, CA 90011
Mark as Favorite
Bed 5

Bed

Bath 0

Bath

SqFt1,935

Sqft

SqFt6,026

Sqft(Lot)

Rare short-sale duplex in a high-demand South Los Angeles location with an upstairs unit and a downstairs unit. One unit is currently occupied and generating rental income, while the other unit is not paying, offering immediate income with potential for future lease-up or occupancy.Built in 1904, the property sits on a generous 6,026 sq ft lot and offers approximately 2,150 sq ft of building area, providing ample living space and flexibility. Each unit has its own functional layout, ideal for rental purposes, multi-generational living, or an owner-occupant who wants to occupy one unit while leasing the other.Zoned for multi-family use, this duplex presents an excellent opportunity for investors seeking long-term cash flow and value-add potential. The large lot allows for possible improveme nts, additional parking, or future expansion (subject to permits). The property is located in a vibrant, growing South LA neighborhood, offering convenient access to major freeways, public transit, shopping, dining, and employment centers.With its short-sale status, this property has the potential to be acquired below market value, creating an opportunity for equity growth. The occupied unit provides immediate cash flow, while the vacant or non-paying unit presents flexibility to increase income or personal use.Whether you are an investor looking for a strong income-producing asset or an owner-occupant seeking a home with rental offset potential, this duplex offers a rare combination of income opportunity, location, and future value-add potential in a solid Los Angeles neighborhood. Don't miss the chance to capitalize on East LA's rental demand and ongoing market appreciation.

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Detail Ic Property Details

Property Type : Residential Income

Price : $750,000

AD Id : 69001182

MLS Id : 25618901

Beds : 5

Lot Size : 6,026 Sqft

Living Area Size : 1,935

Year Built : 1904

County : Los Angeles

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total Bedrooms: 5

    Bathroom Information

    Total Baths: 4 Full Baths: 0 Half Baths: 0
  • Cooling Features

    Central Air Air Conditioning

    Heating Source

    Central Has Heating

  • Building Information

    Year Built: 1904 Building Area Total: 1,935
  • Pool Features

    None

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1383 Lot Size Dimensions: 40x151
  • Lot Size Source: Vendor Enhanced Lot Size Square Feet: 6026

  • Listing Price Information

    Original List Price: 750,000 Listing Contract Date: 2025-11-13
  • Lease Information

    Listing Agreement: Seller Reserved

  • Tax Information

    Parcel Number: 5119001017

  • Garage and Parking

    Garage Description: Driveway

    Homeowners Association

  • Other Property Info

    Source Listing Status: Pending Source Neighborhood: C42 - Downtown L.A. Postal Code Plus 4: 1228 Directions: Head west toward S La Brea Ave4 sec (82 ft)Take Manchester Ave, Normandie Ave, W Gage Ave, S Figueroa St and W Martin Luther King Jr Blvd to E 21st St in Los Angeles Zoning: LAR4 Source Property Type: Residential Income Area: C42 - Downtown L.A.
  • Building and Construction

    Property Age: 122 Year Built Source: Vendor Enhanced Total Square Feet Living: 1935 Levels or Stories: Two Building Total Stories: 2
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1432 E 25th Street, Los Angeles, CA, 90011 $14,000,000 55 -- 26,048 26,048 SqFt
1325 E Adams Boulevard, Los Angeles, CA, 90011 $1,095,000 7 -- 2,838 2,838 SqFt
4610 Compton Avenue, Los Angeles, CA, 90011 $1,200,000 5 -- 3,124 3,124 SqFt
856 E 22nd Street, Los Angeles, CA, 90011 $1,150,000 5 -- 4,219 4,219 SqFt
5426 Compton, Los Angeles, CA, 90011 $849,900 -- -- 4,186 4,186 SqFt
1013 E 28th Street, Los Angeles, CA, 90011 $996,000 12 -- 4,352 4,352 SqFt
805 E 25th St, Los Angeles, CA, 90011 $930,000 9 4 3,126 3,126 SqFt
515 E 21st Street, Los Angeles, CA, 90011 $815,000 5 -- 2,154 2,154 SqFt
3232 S Central, Los Angeles, CA, 90011 $1,226,000 -- -- 5,180 5,180 SqFt
619 E 22nd Street, Los Angeles, CA, 90011 $800,000 4 2 1,700 1,700 SqFt

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ByOwner last updated this listing 06/15/2026 @ 08:28

MLS: 25618901 LISTED BY: Odest Riley, Odest Riley 310-905-7421 SOURCE: CRMLS

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