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130 E 29th St, Los Angeles, CA 90011
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130 E 29th St Los Angeles, CA 90011

$2,500,000
  • 16 Beds
  • 16 Baths
  • 7,808 Sq.Ft.
For Sale
$2,500,000 Get Pre-Qualified
Map preview of 130 E 29th St, Los Angeles, CA 90011

Property Overview: 130 E 29th St Los Angeles, CA has 16 bedrooms, 16 bathrooms, 7,808 living square feet and 6,252 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: We are pleased to present 130 E. 29th Street, 4-townhome style units (two-duplexes) constructed in 2020, located just south of Downtown Los Angeles. Each unit is a large three-story, four-bedroom/four-bathroom townhome with an average size of 1,635 sf. Units feature balconies, central heat and air-conditioning, recessed lighting, luxury laminate flooring and kitchens with white shaker cabinets, modern subway tiles and modern appliance packages. The units are excellent for large families or co-living tenants as they are spread over three floors and feature massive kitchen/living areas with open floor plans, en-suite bathrooms for three of the four bedrooms, private garages and laundry rooms. The two buildings on the property consist of a total of 7,808 square feet and sits on a 6,250 square foot lot that is LARD1.5 zoned and in an opportunity zone. 130 E. 29th Street has a Walk Score of 78 (very walkable) and a Bike Score of 90 (biker's paradise). The property is approximately 1-mile from Downtown Los Angeles allowing easy access to grocery stores, entertainment, retail and some of the most popular restaurants and nightlife options in the city. The property is also just under 1-mile from the University of Southern California (USC) offering a viable housing option for its students and employees. The property is conveniently located near the 110 and 10 freeways and just a 0.8 mile walk to the Jefferson/USC Metro E Station providing easy westbound access to Culver City, West LA and Santa Monica and northbound access to Downtown LA and beyond.

Listed by Matthew Ziegler | BRE #01280909 | Marcus & Millichap
Co-listed by Tyler Leeson | BRE #01451551 | Marcus & Millichap RE Invest
Last checked: 41 seconds ago | Last updated: August 29th, 2024 | Source CRMLS | DOM: 25

Home details

Lot Sq. Ft
6,252
HOA Dues
$0/mo
Year built
2020
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24430801
City
Los Angeles
County
Los Angeles
Time on Site
25 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 4
  • # of Baths: 4
  • Furnishing: Unfurnished
  • Actual Rent: $3,750
  • Total Rent: $15,000
  • Pro Forma/Market Rent: $16,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.2%
  • Gross Rent Multiplier: 13.89
  • Gross Scheduled Income: --
  • Net Operating Income: $129,887
  • Gross Operating Income: $174,600
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 130 E 29th St

No upcoming open houses

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Property Details for 130 E 29th St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Three Or More
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
Property Information
  • Total # of Units: 4
  • Parcel Number: 5128004006
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: On 29th Street between Main Street and Maple Ave.
View more facts & features

Local Los Angeles Agent

Sale History for 130 E 29th St

Last leased for $3,300 on March 15th, 2021

  • August, 2024

  • Aug 21, 2024

    Date

    Active

    CRMLS: 24430801

    $2,500,000

    Price

  • March, 2021

  • Mar 16, 2021

    Date

    Leased

    CRMLS: PW20119843

    $3,300

    Price

  • Jan 26, 2021

    Date

    Price Change

    CRMLS: PW20119843

    $3,300

    Price

  • Dec 13, 2020

    Date

    Price Change

    CRMLS: PW20119843

    $3,349

    Price

  • Nov 23, 2020

    Date

    Price Change

    CRMLS: PW20119843

    $3,489

    Price

  • Oct 27, 2020

    Date

    Price Change

    CRMLS: PW20119843

    $3,499

    Price

  • Oct 1, 2020

    Date

    Active

    CRMLS: PW20119843

    $3,550

    Price

  • Oct 1, 2020

    Date

    Price Change

    CRMLS: PW20119843

    $3,550

    Price

  • Sep 26, 2020

    Date

    Pending

    CRMLS: PW20119843

    $3,600

    Price

  • Sep 4, 2020

    Date

    Price Change

    CRMLS: PW20119843

    $3,600

    Price

  • Aug 31, 2020

    Date

    Price Change

    CRMLS: PW20119843

    $3,645

    Price

  • Jun 20, 2020

    Date

    Active

    CRMLS: PW20119843

    $3,695

    Price

  • Listing provided courtesy of CRMLS

    DECEMBER FREE IF YOU SIGN YOUR LEASE THIS MONTH! BRAND NEW BEAUTIFUL CONSTRUCTION! Ask about our move in specials! Be the first to live in these gorgeous townhome style units. Super modern clean lines welcome you home. This unique floorplan offers one 1st level bedroom with it's own bathroom. As you ascend the stairs covered in luxury laminate flooring, you turn the corner and find a massive kitchen/living area in a great open concept space. Kitchen features soft close white shaker cabinets, modern gray subway backsplash and on trend color palette. All kitchen appliances included! On this level you'll also find a 2nd generously sized bedroom and bathroom. As you go up to the 3rd floor, you find your very own laundry room. But wait...there's more! Here you'll find dual MASTER BEDROOMS at each end of the unit. That's 4 bedrooms, 3 with en suite bathrooms, spread over 3 levels for the ultimate layout for large families and/or flatmates. Everyone gets their own room and bathroom plus great common areas! What more can you ask for? How about a garage included. You get all of this within minutes of DTLA and everything that's offered there....great restaurants, entertainment and easy access to all major transportation. When you need to be in the middle of it all, this is the place you'll want to call home. Ready for Sept. 1st Move in. Get your application in today. No pets allowed. Virtual Tour Upon Request

  • June, 2020

  • Jun 30, 2020

    Date

    Sold (Public Records)

    Public Records

    $2,120,000

    Price

  • April, 2019

  • Apr 30, 2019

    Date

    Sold (Public Records)

    Public Records

    $540,000

    Price

Show More

Tax History for 130 E 29th St

Assessed Value (2020): $550,800
Year Land Value Improved Value Assessed Value
2020 $357,000 $193,800 $550,800

Home Value Compared to the Market

This property vs the competition

130 E 29th St is listed 108.33% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $766 and this home is listed at $320.18 per/sqft which puts the price per square foot 58.2% lower than the median price per square foot for the city of Los Angeles.

About 130 E 29th St

Detailed summary of property

130 E 29th St is a multi family located in Los Angeles, CA 90011 and is currently for sale. This multi family property offers 16 bedrooms, 16 bathrooms, roughly 7,808 living square feet, and sits on an approximately 6,252 square foot lot. 130 E 29th St was first listed on ArdentRealEstateGroup.com on August 22, 2024. The homeowner is currently asking $2,500,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $766. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 108.33% higher than the median priced home. Local competing homes currently for sale include 4529 S Vermont Ave, 2327 S Budlong Ave and 819 Beacon Ave. While the average home in Los Angeles, CA is selling in 104 days, 130 E 29th St has a days on market of 25 days. There are currently 4084 homes for sale in the Los Angeles real estate market and 2797 of them are single family homes while 1162 of them are condos and 119 are townhomes. For more information on this home for sale at 130 E 29th St Los Angeles, CA 90011 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 130 E 29th St

Public county record property details
Beds
3
Baths
1
Year built
1908
Sq. Ft.
1,456
Lot Size
6,250
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
9
APN
5128-004-006

The source for these homes facts are from public records.

90011 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$620,000
Median List Price/Sq.Ft.
$532
Median Sold Price
$590,000
Median Sold Price/Sq.Ft.
$438
Total Inventory
52
Median Sale to List Price %
102.61%
Avg Days on Market
46
Loan Type
Conventional (0%), FHA (83.33%), VA (0%), Cash (0%), Other (0%)

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Recently Sold Homes Near 130 E 29th St

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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