1009 East 29th Street
1009 East 29th Street
$790,000
3
5
2,808
2,808
$281
Closed 7/29/22
Description
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...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 Evelyn Baez Gonzalez • DRE #02103055 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Estate, Inc.
- Listed by Olga Wright • DRE #01315042 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Estate, Inc.
Property Details for 1009 East 29th Street
Parking Spaces Total
0
Private PoolNo
Total Units5.0
Building TypeAttached
Lot Size SourceAssessor
Living Area2808
Assessor Parcel Number5128-022-025
Property Attached YNtrue
Location
LISTING UPDATED: 07/29/2022 05:09 AM
Property Details for 1009 East 29th Street
Status | Closed |
---|---|
MLS # | SB22090438 |
Days on Market | 11 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1923 |
Lot Size | 0.18 AC / 7,739 SF |
County | Los Angeles County |
Location
Building Information for 1009 East 29th Street
Stories1Residences-Year Built1923Building Size-Lot Size0.18 AC / 7,739 SF
Payment Calculator
$5,181 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1009 East 29th Street
Property History for 1009 East 29th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1009 East 29th Street
Taxable ValueLand$211,269Additions$217,305Total$428,574
Tax Record2023$10,442 ($870 / month)
Home Facts
Total Finished SqFt2,808 SqFtAbove Grade Finished SqFt2,808 SqFtLot Size7,739 SqFtStyleMulti-Family Res (5+ Units)Year Built1923ZoningLAR3CountyLOS ANGELESAPN5128-022-025
Schools near 1009 East 29th Street
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Quincy Jones Elementary School PublicK to 5 | ||
Nava College Preparatory Academy Public9 to 12 | ||
Santee Education Complex Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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