Properties

Los Angeles, CA 90011 1343 E 21st Street

Pending
Presented By: Odest Riley with Odest Riley;
  • MLS# 25618901
  • 11/13/2025
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  • Beds • 5
  • Baths • 4
  • SQFT • 1,935

Home Details

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 improvements, 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.
Presented By: Odest Riley with Odest Riley;

Interior Features for 1343 E 21st Street

Bedrooms

Total Bedrooms5

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths4

Other Interior Features

Air Conditioning Y/NYes
Heating Y/NYes
Total Stories

General for 1343 E 21st Street

Buyer FinancingConventional
CityLos Angeles
CoolingCentral Air
CountyLos Angeles
DirectionsHead 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
Full Baths
Gross Income4500
HOANo
HeatingCentral
Land Lease Y/NNo
LevelsTwo
Living Area1935
Lot Size Square Feet6026
Lot Size UnitsSquare Feet
MLS AreaC42 - Downtown L.A.
Net Operating Income4500
New ConstructionNo
Number Of Units Total2
Pool FeaturesNone
PossessionClose Of Escrow
PostalCityLOS ANGELES
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
Spa FeaturesNone
Special Listing ConditionsShort Sale
Standard StatusPending
StatusPending
Stories Count2
Year Built1904
ZoningLAR4

Exterior for 1343 E 21st Street

Building Area Total1935
Lot Dimensions40x151
Lot Size Acres0.1383
Lot Size Area6026
Number of Buildings1
Parking FeaturesDriveway
Private PoolNo
SpaNo
Total Parking0

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $750,000
MLS#25618901
List Date 11/13/2025
Property Type Multi-Family
Phone 888.795.6274
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