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.
Listed By CRMLS_CA / Evelyn Baez Gonzalez / Lyon Stahl Investment Real Estate, Inc.
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Last updated Apr 25, 2023
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MLS# SB22090438 —
Walk Score®
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Soundscore™
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Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
7/29/22
Jul 29, 2022
|
Sold | CRMLS_CA | $790,000 | -1.0% |
6/1/22
Jun 1, 2022
|
Pending | CRMLS_CA | $798,000 | |
5/31/22
May 31, 2022
|
Sold Subject To Contingencies | CRMLS_CA | $798,000 |