1332 E 21st Street, Los Angeles, California 90011, Los Angeles, 90011 - bed, bath
ACTIVE$784,900
1332 E 21st Street, Los Angeles, California 90011
0Bed
0Bath
1,488Sqft
5,760Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Significant Development Potential: The property offers substantial opportunity to add additional units, maximizing its investment value and future income potential.
Top Cons:
Advanced Property Age: Built in 1922, the property is over a century old, likely requiring significant capital investment for modernization, system upgrades, and deferred maintenance.
Compared to the nearby listings
Price:$784.9K vs avg $672.0K (+$112,900)73%
Size:1,488 sqft vs avg 1,963 sqft19%
Price/sqft:$527 vs avg $34585%
More Insights
Built in 1922 (103 years old).
Condition: Built in 1922, this property is over 100 years old and shows significant signs of deferred maintenance on the exterior, including peeling paint and worn concrete. The listing description and AI analysis explicitly state that it 'likely requiring significant capital investment for modernization, system upgrades, and deferred maintenance.' While currently rented, implying it's livable, the lack of interior photos, especially for kitchens and bathrooms, strongly suggests these areas are original or very outdated and would require substantial rehabilitation. Major systems (electrical, plumbing, HVAC) are almost certainly at or beyond their expected lifespan, necessitating extensive repairs and upgrades to meet modern standards for safety and comfort.
Year Built
1922
Close
-
List price
$785K
Original List price
$785K
Price/Sqft
$527
HOA
-
Days on market
-
Sold On
-
MLS number
TR25070956
Home ConditionPoor
Features
View-
About this home
Huge Potential to Add Additional Units to this Property, While Collecting Rents on 2 Units. The Two Bungalow Style -Units Have 2 Bedrooms and 1 Bath. Property has Alley Access, a Huge Lot at 5750 Sq ft., and Separate Meters. Location is Close to Shopping, Schools, and Transportation.
Nearby schools
5/10
Twentieth Street Elementary School
Public,•K-5•0.1mi
3/10
Twenty-Eighth Street Elementary School
Public,•K-5•0.6mi
4/10
Quincy Jones Elementary School
Public,•K-5•0.7mi
4/10
Nevin Avenue Elementary School
Public,•K-5•0.7mi
3/10
Wadsworth Avenue Elementary School
Public,•K-5•0.9mi
2/10
Harmony Elementary School
Public,•K-5•1.1mi
4/10
Ascot Avenue Elementary School
Public,•K-5•1.3mi
3/10
Sally Ride Elementary: A Smart Academy
Public,•K-5•1.4mi
2/10
Forty-Ninth Street Elementary School
Public,•K-5•1.7mi
2/10
Hooper Avenue Elementary School
Public,•1-5•1.8mi
2/10
Aurora Elementary School
Public,•K-5•1.9mi
2/10
Holmes Avenue Elementary School
Public,•K-6•1.9mi
5/10
Estrella Elementary School
Public,•K-5•2.5mi
5/10
Lillian Street Elementary School
Public,•K-6•2.5mi
5/10
Pacific Boulevard School
Public,•K-5•2.7mi
2/10
Dr. Julian Nava Learning Academies-School Of Business And Technology
Public,•6-8•0.4mi
3/10
George Washington Carver Middle School
Public,•6-8•1.4mi
6/10
Vernon City Elementary School
Public,•K-7•1.7mi
3/10
Los Angeles Academy Middle
Public,•6-8•2.2mi
3/10
Thomas A. Edison Middle School
Public,•6-8•2.8mi
3/10
Henry T. Gage Middle School
Public,•6-8•3.4mi
5/10
Santee Education Complex
Public,•9-12•0.8mi
3/10
Nava College Preparatory Academy
Public,•9-12•0.8mi
2/10
Thomas Jefferson Senior High School
Public,•9-12•0.9mi
5/10
Felicitas And Gonzalo Mendez High
Public,•9-12•2.3mi
5/10
STEM Academy of Boyle Heights HS
Public,•9-12•2.6mi
4/10
Huntington Park Senior High School
Public,•9-12•3.0mi
3/10
John C. Fremont Senior High School
Public,•9-12•3.7mi
Price History
Date
Event
Price
10/22/12
Sold
$280,000
02/27/07
Sold
$455,000
01/21/05
Sold
$300,000
Condition Rating
Poor
Built in 1922, this property is over 100 years old and shows significant signs of deferred maintenance on the exterior, including peeling paint and worn concrete. The listing description and AI analysis explicitly state that it 'likely requiring significant capital investment for modernization, system upgrades, and deferred maintenance.' While currently rented, implying it's livable, the lack of interior photos, especially for kitchens and bathrooms, strongly suggests these areas are original or very outdated and would require substantial rehabilitation. Major systems (electrical, plumbing, HVAC) are almost certainly at or beyond their expected lifespan, necessitating extensive repairs and upgrades to meet modern standards for safety and comfort.
Pros & Cons
Pros
Significant Development Potential: The property offers substantial opportunity to add additional units, maximizing its investment value and future income potential.
Established Income Property: Currently configured as a duplex with two 2-bedroom, 1-bath units, providing an immediate and stable rental income stream.
Generous Lot Size: A large 5760 sq ft lot provides ample space for expansion, outdoor amenities, or further development, a valuable asset in Los Angeles.
Strategic Access & Utilities: Features alley access and separate utility meters, simplifying property management and facilitating future development or tenant convenience.
Convenient Urban Location: Situated close to essential amenities including shopping, schools (with highly-rated options nearby), and public transportation, enhancing tenant desirability.
Cons
Advanced Property Age: Built in 1922, the property is over a century old, likely requiring significant capital investment for modernization, system upgrades, and deferred maintenance.
Undisclosed Interior Condition: The listing lacks details on the current interior condition of the bungalow units, suggesting potential for necessary renovations or updates to meet modern tenant expectations.
Compact Unit Layouts: The existing 2-bedroom, 1-bath units are relatively small (approximately 744 sqft each), which may limit tenant appeal or command lower rents without interior improvements.