212 East 29th Street
212 East 29th Street
$2,995,000
20
21
7,918
7,918
$378
Description
212 E 29th St is an OPPORTUNITY ZONE 3-story, townhome-style new construction 5-unit (4 + 1 ADU) located minutes from Exposition Park and moments from the USC campus! With an ideal location that attracts both master lease and individual renters (USC students especially!) , we project an outstanding 6.38% cap rate once stabilized! This upscale property is made up of ALL expansive 4-bedroom units! With tons of balconies, ideal parking (9 spaces, 7 in garages and 2 exterior spaces), luxury finishes,...212 E 29th St is an OPPORTUNITY ZONE 3-story, townhome-style new construction 5-unit (4 + 1 ADU) located minutes from Exposition Park and moments from the USC campus! With an ideal location that attracts both master lease and individual renters (USC students especially!) , we project an outstanding 6.38% cap rate once stabilized! This upscale property is made up of ALL expansive 4-bedroom units! With tons of balconies, ideal parking (9 spaces, 7 in garages and 2 exterior spaces), luxury finishes, and large floorplans, these units will be the #1 choice for high paying USC students, recent graduates, master lease companies, and more! Every box is checked! 212 E 29th St is situated just minutes from Exposition Park, a 160-acre urban park that houses the California Science Center, the BMO Stadium, the Los Angeles Memorial Coliseum, EXPO Center, the California African American Museum, the Natural History Museum, the Rose Garden and the Dr. Theodore T. Alexander Jr. Science Center Charter School. Plus it’s minutes from the countless local hotspots and conveniences in the area, including the USC Village, DTLA Arts District, and major employment hubs. Thanks to the excellent location, this will be an extremely easy to manage, high cash flow property. Enjoy no rent control, OZ benefits, separate meters for all utilities and a 1-year builder’s warranty! In addition to being a magnet for standard renters, we are already seeing incredible response from “master leasing” companies who want to rent the whole building at a premium.
- Listed by Elizabeth Maddox • DRE #01921425 • Brokerage DRE #01921425 • Myunits.com Inc. • 818-850-8485
- Listed by Isaac Davidi • DRE #01819489 • Brokerage DRE #01819489 • On Track Property
Property Details for 212 East 29th Street
Architectural Style
Modern
ViewCity Lights
Parking Spaces Total9
Private PoolNo
Cooling TypeCentral Forced Air
Total Units5.0
Building TypeAttached
Lot Size SourceAssessor
Location
LISTING UPDATED: 06/11/2024 03:41 AM
Property Details for 212 East 29th Street
Status | Active |
---|---|
MLS # | BB24097509 |
Days on Market | 27 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 2024 |
Lot Size | 0.14 AC / 6,252 SF |
County | Los Angeles County |
Location
Building Information for 212 East 29th Street
Stories1Residences-Year Built2024Building Size-Lot Size0.14 AC / 6,252 SF
Payment Calculator
$17,067 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 212 East 29th Street
Property History for 212 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 212 East 29th Street
Taxable ValueLand$550,000Additions$150,000Total$700,000
Tax Record2023$8,663 ($722 / month)
Home Facts
Beds2Total Finished SqFt1,041 SqFtAbove Grade Finished SqFt1,041 SqFtStories1Lot Size6,250 SqFtStyleSingle Family ResidenceYear Built1896ZoningLARD1.5CountyLOS ANGELESAPN5128-004-010
Schools near 212 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 |
---|---|---|
Dolores Huerta Elementary School PublicK to 5 | ||
John Adams Middle School Public6 to 8 | ||
Thomas Jefferson Senior High School Public9 to 12 | ||
Nava College Preparatory Academy 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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