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1348 E 21St St, Los Angeles, CA 90011
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1348 E 21St St Los Angeles, CA 90011

$720,000
  • 3 Beds
  • 3 Baths
  • 2,240 Sq.Ft.
For Sale
$720,000 Get Pre-Qualified
Map preview of 1348 E 21St St, Los Angeles, CA 90011

Property Overview: 1348 E 21St St Los Angeles, CA has 3 bedrooms, 3 bathrooms, 2,240 living square feet and 5,748 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Attention all AGENTS & INVESTORS! Opportunity knocks in this 3-unit multi-family a hop and a skip from Downtown LA. Build or keep collecting rent, this property affords the opportunity to do both. Large multi-family dwelling near completion 10 doors down. Currently used as 1 bedroom but easily be turned into 2 bedrooms with simple a door. The kitchen has a dining area. Convenient indoor laundry room. The property has been upgraded throughout the years. Located next to the newly revitalized Central Park Recreation Center with community pools and rec. rooms for community residents. There is plenty of onsite parking through direct access at the rear of the property via alley access. Minutes from Arts District, Fashion District, and USC. Quick commute into DTLA. The property has recently passed the LA city inspection. Multiple new builds in the immediate area. Tenants are open to relocation discussions. Must see to appreciate the opportunity. Subject to interior inspection. Call with any questions.

Listed by Julio Bonilla | BRE #01281205 | Keller Williams Pacific Estate
Last checked: 6 minutes ago | Last updated: February 6th, 2024 | Source CRMLS | DOM: 136
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Home details

Lot Sq. Ft
5,748
HOA Dues
$0/mo
Year built
1935
Garage
--
Property Type:
Triplex
Status
Active
MLS#
DW23223418
City
Los Angeles
County
Los Angeles
Time on Site
157 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $800
  • Total Rent: $800
  • Pro Forma/Market Rent: $1,650
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,650
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $36,000
  • Net Operating Income: $28,804
  • Gross Operating Income: --
  • Vacancy Allowance: $0
  • # of Rented Garages: 0
Annual Expense Breakdown
  • Total Operating Expense: $7,836
  • Licenses: $320
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $3,000

Open Houses for 1348 E 21St St

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Property Details for 1348 E 21St St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • See Remarks
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Vinyl
Kitchen Information
  • No Appliances
  • None
Interior Features
  • Security Features: Carbon Monoxide Detector(s)
Exterior Features
Exterior Information
  • Roof: Shingle
  • Has Fence
  • Wrought Iron
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway, Parking Space
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 5119004002
  • Year Built Source: Public Records
  • Entry Level: 1
  • Foundation Details: See Remarks
  • Property is Attached
  • Accessibility Features: Other
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Private
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Available
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: 10 FWY West. Exit Central South. Right on 21st St
Neighborhood Information
  • Community Features: Park, Urban
View more facts & features

Local Los Angeles Agent

Sale History for 1348 E 21St St

View property's historical transactions

  • December, 2023

  • Dec 11, 2023

    Date

    Active

    CRMLS: DW23223418

    $720,000

    Price

  • December, 2023

  • Dec 6, 2023

    Date

    Canceled

    CRMLS: DW23131275

    $790,000

    Price

  • Aug 7, 2023

    Date

    Active

    CRMLS: DW23131275

    $790,000

    Price

  • Listing provided courtesy of CRMLS

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Tax History for 1348 E 21St St

Assessed Value (2020): $341,943
Year Land Value Improved Value Assessed Value
2020 $160,226 $181,717 $341,943

Home Value Compared to the Market

This property vs the competition

1348 E 21St St is listed 42.35% lower than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $321.43 per/sqft which puts the price per square foot 58.47% lower than the median price per square foot for the city of Los Angeles.

About 1348 E 21St St

Detailed summary of property

1348 E 21St St is a triplex located in Los Angeles, CA 90011 and is currently for sale. This triplex offers 3 bedrooms, 3 bathrooms, roughly 2,240 living square feet, and sits on an approximately 5,748 square foot lot. 1348 E 21St St was first listed on ArdentRealEstateGroup.com on December 11, 2023. The homeowner is currently asking $720,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 42.35% lower than the median priced home. Local competing homes currently for sale include 3217 Morgan Ave, 623 E 36th St and 876 E 41st Pl. While the average home in Los Angeles, CA is selling in 94 days, 1348 E 21St St has a days on market of 136 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 1348 E 21St St Los Angeles, CA 90011 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1348 E 21St St

Public county record property details
Beds
3
Baths
3
Year built
1935
Sq. Ft.
2,240
Lot Size
5,747
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
25
APN
5119-004-002

The source for these homes facts are from public records.

90011 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$659,000
Median List Price/Sq.Ft.
$460
Median Sold Price
$550,000
Median Sold Price/Sq.Ft.
$405
Total Inventory
44
Median Sale to List Price %
104.76%
Avg Days on Market
54
Loan Type
Conventional (33.33%), FHA (25%), VA (0%), Cash (33.33%), Other (8.33%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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