$750,000
Est. payment /mo
5 Beds
1,935 SqFt
Pending
1343 E 21st Street Los Angeles, CA 90011
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Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Pending
Purchase Type For Sale
Square Footage 1,935 sqft
Price per Sqft $387
MLS Listing ID CL25618901
Bedrooms 5
HOA Y/N No
Year Built 1904
Lot Size 6,026 Sqft
Acres 0.14
Property Sub-Type OTHER
Property Description
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
Location
State CA
County Los Angeles
Zoning LAR4
Interior
Heating Central
Cooling Central Air
Fireplace No
Building
New Construction No
Others
Tax ID 5119001017

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Listed by Odest Riley • Odest Riley
A FEW WORDS FROM PAST CLIENTS
NEARBY SCHOOL & BUSINESS
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Mike & Jules Guzzardo Team With Jenny Biczkow
Realtor | r01066846,01955798,02086289
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