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1459 W 29Th St, Los Angeles, CA 90007
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1459 W 29Th St Los Angeles, CA 90007

$1,299,000
  • 7 Beds
  • 4 Baths
  • 2,986 Sq.Ft.
For Sale
$1,299,000 Get Pre-Qualified
Map preview of 1459 W 29Th St, Los Angeles, CA 90007

Property Overview: 1459 W 29Th St Los Angeles, CA has 7 bedrooms, 4 bathrooms, 2,986 living square feet and 7,487 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: 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.

Listed by Jeffrey White | BRE #01133469 | RE/MAX ESTATE PROPERTIES
Last checked: 15 minutes ago | Last updated: January 31st, 2024 | Source CRMLS | DOM: 657
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Home details

Lot Sq. Ft
7,487
HOA Dues
$0/mo
Year built
1910
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
22153561
City
Los Angeles
County
Los Angeles
Time on Site
735 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,100
  • Total Rent: $3,100
  • Pro Forma/Market Rent: $3,100
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,212
  • Total Rent: $1,212
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,508
  • Total Rent: $1,508
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $785
  • Total Rent: $785
  • Pro Forma/Market Rent: $1,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 1459 W 29Th St

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Property Details for 1459 W 29Th St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Dryer Included
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Multi/Split
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Street
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 4
  • Parcel Number: 5054033022
  • Year Built Source: Assessor
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: West of Vermont. South of Adams.
View more facts & features

Local Los Angeles Agent

Sale History for 1459 W 29Th St

Last sold for $635,000 on March 10th, 2008

  • May, 2022

  • May 3, 2022

    Date

    Active

    CRMLS: 22153561

    $1,249,000

    Price

  • October, 2017

  • Oct 20, 2017

    Date

    Canceled

    CRMLS: 17222122

    $949,000

    Price

  • Sep 30, 2017

    Date

    Price Change

    CRMLS: 17222122

    $949,000

    Price

  • Aug 18, 2017

    Date

    Price Change

    CRMLS: 17222122

    $1,010,000

    Price

  • Jul 14, 2017

    Date

    Price Change

    CRMLS: 17222122

    $999,999

    Price

  • May 21, 2017

    Date

    Price Change

    CRMLS: 17222122

    $1,050,000

    Price

  • Apr 18, 2017

    Date

    Active

    CRMLS: 17222122

    $1,100,000

    Price

  • Listing provided courtesy of CRMLS

    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 has been a USC Student rental for the past 9 years. Students lease ($3,460/month) is through July 27th, 2018. 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. Buyer can keep the Mills Act and keep the reduced property taxes or withdraw from the Mills Act and they can upgrade the property at their convenience.

  • March, 2008

  • Mar 10, 2008

    Date

    Sold (Public Records)

    Public Records

    $635,000

    Price

  • November, 2001

  • Nov 5, 2001

    Date

    Sold (Public Records)

    Public Records

    $152,000

    Price

Show More

Tax History for 1459 W 29Th St

Assessed Value (2020): $402,000
Year Land Value Improved Value Assessed Value
2020 $161,000 $241,000 $402,000

Home Value Compared to the Market

This property vs the competition

1459 W 29Th St is listed 5.18% higher than the median list price for the city of Los Angeles which has a median list price of $1,235,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $435.03 per/sqft which puts the price per square foot 43.79% lower than the median price per square foot for the city of Los Angeles.

About 1459 W 29Th St

Detailed summary of property

1459 W 29Th St is a multi family located in Los Angeles, CA 90007 and is currently for sale. This multi family property offers 7 bedrooms, 4 bathrooms, roughly 2,986 living square feet, and sits on an approximately 7,487 square foot lot. 1459 W 29Th St was first listed on ArdentRealEstateGroup.com on May 5, 2022. The homeowner is currently asking $1,299,000 and was originally asking $1,249,000. The median priced home in Los Angeles is $1,235,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 5.18% higher than the median priced home. Local competing homes currently for sale include 1301 W 36th St, 1421 W 22nd St and 1415 W 22nd St. While the average home in Los Angeles, CA is selling in 94 days, 1459 W 29Th St has a days on market of 657 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 1459 W 29Th St Los Angeles, CA 90007 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1459 W 29Th St

Public county record property details
Beds
7
Baths
4
Year built
1910
Sq. Ft.
2,986
Lot Size
7,486
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
13,14
APN
5054-033-022

The source for these homes facts are from public records.

90007 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,199,999
Median List Price/Sq.Ft.
$616
Median Sold Price
$710,000
Median Sold Price/Sq.Ft.
$645
Total Inventory
11
Median Sale to List Price %
94.79%
Avg Days on Market
63
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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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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