1497 29 W 29th ST, Los Angeles, CA 90007
1497 29 W 29th ST, Los Angeles, CA 90007
1497 29 W 29th ST, Los Angeles, CA 90007
1497 29 W 29th ST, Los Angeles, CA 90007
1497 29 W 29th ST, Los Angeles, CA 90007
1497 29 W 29th ST, Los Angeles, CA 90007
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Listed by Michael Peters, DRE #01175350 • Victory Financial Inc.
$ 1,460,000
Est. payment | /mo

5,625 Sqft Lot


Save
$ 1,460,000
Est. payment | /mo
Save

5,625 Sqft Lot

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRP1-29498

Year Built 1922

Lot Size 5,625 Sqft

Source California Regional MLS

Property Description

1497 W 29th Street, Los Angeles.Exceptional 8-Unit Investment Opportunity Near USCPresenting an excellent investment opportunity in one of Los Angeles' established rental markets. Located walking distance from the University of Southern California (USC), 1497 W 29th Street is an income-producing 8-unit multifamily property offering an attractive opportunity for investors seeking long-term rental income and potential appreciation.The property features a desirable unit mix of six studio units and two one-bedroom, one-bathroom units, appealing to a broad tenant base that includes USC students, university faculty, and working professionals.Situated on a prominent corner lot, this gated property offers added privacy and security with a fully fenced perimeter, controlled-access entry, and strategically positioned security cameras. Additional tenant amenities include on-site laundry facilities and gated on-site parking.The property has benefited from several improvements completed within the last few years, including a newer roof, updated copper plumbing, and upgraded electrical systems. Additional features include a paved and gated parking area and a 100-gallon water heater. The property is master-metered for gas and electricity, providing a straightforward utility arrangement for owne

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Rooms

Kitchen Other, Refrigerator

Interior

Heating Wall Furnace

Cooling None

Flooring Laminate

Laundry Community Facility

Exterior

Parking Features Off-Street Parking, Other

Garage Spaces 4.0

Pool 31, None

View None

Building

Story One Story

Water District - Public

Others

Tax ID 5054034019

Special Listing Condition Not Applicable

MLS Listing IDX PLUS

Nearby Locations

Travis Breton

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(760) 470-2752

travisbreton@gmail.com

1902 Wright Place #200, Carlsbad, CA 92008, USA

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1497 29 W 29th ST

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