CA > Los Angeles
Los Angeles, CA 90007,1497 W 29th St
Los Angeles, CA 90007,1497 W 29th St
Los Angeles, CA 90007,1497 W 29th St
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sat
2
Aug
Sun
3
Aug
Mon
4
Aug
Ron Taibi

Ron Taibi

+1(661) 212-1135
$1,350,000
Est. payment /mo
8 Beds
8 Baths
3,040 SqFt
Save Virtual Tour

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,040 sqft

Price per Sqft $444

MLS Listing ID 25569543

Bedrooms 8

Year Built 1922

Lot Size 5,625 Sqft

Acres 0.1292

Property Sub-Type Multi-Family

Property Description

Presenting a prime investment opportunity in one of Los Angeles' most consistently high-demand rental markets, 1497 W 29th Street offers exceptional upside and long-term value just steps from the University of Southern California (USC). This well-maintained, income-producing 8-unit multifamily property features a desirable unit mix of six singles and one spacious 2-bedroom, 1-bathroom unit, making it an ideal acquisition for both seasoned and first-time investors.Set on a prominent corner lot, this gated complex offers a secure environment for tenants with modern security enhancements including a fully fenced perimeter, key-controlled entry, and strategically placed security cameras. Tenants also enjoy the convenience of on-site laundry, gated on-site parking, and a newly upgraded 100-gallon water heater to ensure comfort and functionality. The property is master-metered for gas and electric, offering operational simplicity and cost-effective management.This turnkey property boasts major system upgrades, including a newer roof, updated copper plumbing, and fully upgraded electrical systems. These enhancements significantly reduce future maintenance costs and provide peace of mind for ownership. The newly paved and gated parking lot adds curb appeal and additional tenant convenience, further enhancing the property's marketability.Location is everythingand 1497 W 29th St delivers. Situated within the USC DPS Patrol and Response Area, this asset is particularly appealing to student renters and parents seeking added safety. It's only minutes from the I-10 and I-110 freeways, offering easy access to Downtown LA, Koreatown, and other major employment and entertainment hubs. With consistent demand from students, faculty, and working professionals, this asset presents a strong rental upside in a neighborhood known for high occupancy rates and appreciation potential. 1497 W 29th St is more than just a property it's a strategic investment in the heart of Los Angeles. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

Location

State CA

County Los Angeles

Area Mid Los Angeles

Zoning LAR2

Rooms

Other Rooms None

Interior

Heating Other

Cooling Window Unit(s)

Equipment Range/Oven, Refrigerator

Exterior

Parking Features Attached

Garage Spaces 4.0

Pool None

Building

Lot Description 5 + Lots

Story 1

Level or Stories One

Others

Special Listing Condition Standard

Virtual Tour https://www.hshprodmls2.com/1497west29thst

Read Less Info
TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Keller Williams Studio City

Get More Information

agent

Ron Taibi

+1(661) 212-1135

Agent | License ID: 01240158

Agent License ID: 01240158

Name

Phone*

Message

I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of RE/MAX Of Santa Clarita, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.