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.

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Property Details of 1343 E 21st Street

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Listed by Odest Riley of Odest Riley

Based on information submitted to CRMLS as of December 13, 2025 8:21 AM EST . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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