1009 E 29th Street
Los Angeles, CA 90011

  • – beds
  • – baths
  • – sqft
  • 7,739 sqft lot
  • 1923 build
  • on site

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1009 E 29th St is a five unit apartment complex located in Los Angeles. Constructed in 1923 and sitting on a large 7,739 SF Lot Zoned LAR3 Tier (1) in a high density area with new development projects. Property consists of separate Bungalow- Style 1 Bedroom / 1 Bath units totaling 2,808 SF. The property line is fully fenced on all 4 sides including the gated entrance with back and front access. The property has ample space to park 1 car per unit. This investment has over 50% of upside in rental income and presents a tremendous value-add opportunity. All units are separately metered for gas and electricity. Tenants are all on month to month leases, subject to LA City rent control. 1009 E 29TH Street is ideally developed in the Historic South Central District, one of the most highly sought-after neighborhoods in the city for new investment and urban redevelopment. Property will be sold as is and with tenants in place.

California Regional MLS logo Listed By CRMLS_CA / Evelyn Baez Gonzalez / Lyon Stahl Investment Real Estate, Inc.

Last checked: Checking… • Last updated Apr 25, 2023 •

MLS# SB22090438 —

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Sale history

Date Event Source Price % Change
7/29/22
Sold CRMLS_CA $790,000 -1.0%
6/1/22
Pending CRMLS_CA $798,000
5/31/22
Sold Subject To Contingencies CRMLS_CA $798,000

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Multifamily Sold on 7/29/2022

$790,000

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Listing provided by broker:

Evelyn Baez Gonzalez

Lyon Stahl Investment Real Estate, Inc.

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California Regional MLS logo Listing Courtesy of: CRMLS_CA and Lyon Stahl Investment Real Estate, Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of 21:52 on May 09.

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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