1459 West 29th Street

Los Angeles, CA 90007

$1,299,000
Price
7
Beds
4.5
Baths
2,986 Sq. Ft.
$435 / Sq. Ft.
2,986
Sq. Ft.
$435
per Sq. Ft.

Description

Historic four unit property. Currently under the Mills Act. Large two-story front duplex and two separate detached houses in back. Alley access for parking. No sign on property. Do Not Disturb Occupants. Main two-story 4 bedroom unit is a USC Student rental. Seller to retain gas/mineral rights to property. Additional monthly income from laundry - washer/dryer. Mills Act compliance requires work to be done on all three structures. Front Duplex is rented to USC students. 4 bedroom ($3,100 month) and...Historic four unit property. Currently under the Mills Act. Large two-story front duplex and two separate detached houses in back. Alley access for parking. No sign on property. Do Not Disturb Occupants. Main two-story 4 bedroom unit is a USC Student rental. Seller to retain gas/mineral rights to property. Additional monthly income from laundry - washer/dryer. Mills Act compliance requires work to be done on all three structures. Front Duplex is rented to USC students. 4 bedroom ($3,100 month) and 1 bedroom ($1,508 month) are rented to USC students.
  1. Listed by Jeffrey White • DRE #01133469 • Brokerage DRE #01050989 • RE/MAX ESTATE PROPERTIES

Property Details for 1459 West 29th Street

Zoning
LAR2
Parcel Number
5054033022
Total Units
4.0
Living Area
2986
Source Living Area
Assessor
Area
Mid Los Angeles (C16)
Vacancy Rate
0%
Lot Size Area
7487

Location

Listing Courtesy of RE/MAX ESTATE PROPERTIES, Jeffrey White, DRE #01133469
Add your commute
LISTING UPDATED: 01/31/2024 11:15 AM

Property Details for 1459 West 29th Street

StatusActive
MLS #22-153561
Days on Market680
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1910
Lot Size0.17 AC / 7,487 SF
CountyLos Angeles County

Location

Listing Courtesy of RE/MAX ESTATE PROPERTIES, Jeffrey White, DRE #01133469
Add your commute

Building Information for 1459 West 29th Street

Stories2Residences-Year Built1910Building Size-Lot Size0.17 AC / 7,487 SF

Payment Calculator

$7,733 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,089

Property Taxes

$644

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1459 West 29th Street

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • Number Of Buildings: 3
  • Type Of Units: apartments
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $0
  • Net Operating Income: $.00
  • Gross Income: $79,260
  • Gross Rent Multiplier: $.00
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Lot Size Square Feet: 7487
Parking Details
Parking Details
  • Parking Garage: On street
  • Total Parking: 4
  • Parking Features: Street
Interior Features
Interior Features
  • Levels: Multi/Split
  • Cooling: Wall/Window Unit(s)
  • Cooling Type: Wall/Window
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: Dryer
  • Laundry: Dryer Included
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: Accessory Dwelling Unit
Lease Terms
Lease Terms
  • Entry Date: 05-05-2022
Unit Details
Unit 1 Information
  • Unit Beds: 4
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $3,100.00
  • Unit Actual Rent: $3,100.00
  • Unit Projected Rent: $3,100.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,212.00
  • Unit Actual Rent: $1,212.00
  • Unit Projected Rent: $1,500.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,508.00
  • Unit Actual Rent: $1,508.00
  • Unit Projected Rent: $1,600.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $785.00
  • Unit Actual Rent: $785.00
  • Unit Projected Rent: $1,500.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $241,000.00
  • Assessed Land Value: $161,000.00

Property History for 1459 West 29th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1459 West 29th Street

Taxable ValueLand$525,000Additions$158,000Total$683,000
Tax Record2023$7,734 ($644 / month)
Home Facts
Total Finished SqFt2,986 SqFtAbove Grade Finished SqFt2,986 SqFtLot Size7,487 SqFtStyleQuadraplexYear Built1910ZoningLAR2CountyLOS ANGELESAPN5054-033-022

Schools near 1459 West 29th Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 12
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Vermont Avenue Elementary School
PublicK to 5

Foshay Learning Center
PublicK to 12

Manual Arts Senior High School
Public9 to 12

Stem Preparatory Academy
CharterK to 5

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.

Similar Homes

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1459 West 29th Street is a multi-family home for sale in Los Angeles, CA 90007. This property was listed for sale on May 3, 2022 by RE/MAX ESTATE PROPERTIES, it's currently listed at $1,299,000. It has been on the market for a total of 680 days and was last sold on February 4, 2008. This listing's school district is Los Angeles Unified School District. Nearby schools include Vermont Avenue Elementary School, Foshay Learning Center and Manual Arts Senior High School. 1459 West 29th Street is a 7-bed, 4.5-bath, 2,986 sqft multi-family home built in 1910.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX ESTATE PROPERTIES, Jeffrey White, DRE #01133469

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.