1497-29 W 29th Street West, Los Angeles, CA 90007
1497-29 W 29th Street West, Los Angeles, CA 90007
1497-29 W 29th Street West, Los Angeles, CA 90007
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$1,460,000
Est. payment /mo
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1 Bed
8 Baths
5,625 Sqft Lot
New

1497-29 W 29th Street West Los Angeles, CA 90007

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Kurt Wannebo

Kurt Wannebo

+1(858) 405-5878

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID P1-29498

Bedrooms 1

Lot Size 5,625 Sqft

Property Sub-Type Res Income 2-4 Units

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 ownership and management.An Exceptional LocationLocation is a key advantage of this investment. Situated within the USC Department of Public Safety (DPS) Patrol and Response Area, the property is conveniently positioned to attract students, faculty, and other renters seeking proximity to the university.

Location

State CA

County Los Angeles

Zoning Public Rec

Direction East of Walton Ave & North of W 29th St

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 5054034019

Acceptable Financing Exchange

Listing Terms Exchange

MLS Router / San Diego MLS
Listed by Michael Peters, DRE#01175350 Victory Financial Inc. 

NEARBY SCHOOL & BUSINESS

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Kurt Wannebo

Kurt Wannebo

Broker Associate CA Dre# 01468255

+1(858) 405-5878

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1497-29 W 29th Street West

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