243 E 29Th St, Los Angeles, CA 90011
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243 E 29Th St Los Angeles, CA 90011

$750,000
  • 6 Beds
  • 3 Baths
  • 2,215 Sq.Ft.
For Sale
$750,000 Get Pre-Qualified

Map preview of 243 E 29Th St, Los Angeles, CA 90011

Property Overview: 243 E 29Th St Los Angeles, CA has 6 bedrooms, 3 bathrooms, 2,215 living square feet and 6,254 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: Several development projects have been completed adjacent to subject property. Both units are in substandard condition and do not qualify for conventional financing. Property being sold as is without warranty.

Listed by Dan Morales | BRE #00526543 | Eastside Properties
Last checked: 14 minutes ago | Last updated: September 8th, 2024 | Source CRMLS | DOM: 8

Home details

Lot Sq. Ft
6,254
HOA Dues
$0/mo
Year built
1930
Garage
--
Property Type:
Duplex
Status
Active
MLS#
TR24186312
City
Los Angeles
County
Los Angeles
Time on Site
8 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,079
  • Total Rent: $1,079
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $12,948
  • Net Operating Income: $8,148
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $4,800
  • Electric: $1,200
  • Gas/Fuel: $0
  • Trash: $1,200
  • Insurance: $1,200
  • Water/Sewer: $1,200

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Property Details for 243 E 29Th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • No Heating
  • None
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, See Remarks
Fireplace Information
  • No Fireplace
  • None
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: Back Yard, Front Yard, Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5128003027
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: South of Adams Blvd and east of Main Stree and west of Maple
Neighborhood Information
  • Community Features: Sidewalks, Storm Drains
View more facts & features

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Sale History for 243 E 29Th St

Last sold on May 6th, 2016
  • September, 2024

  • Sep 7, 2024

    Date

    Active

    CRMLS: TR24186312

    $750,000

    Price

  • May, 2016

  • May 6, 2016

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 243 E 29Th St

Assessed Value (2020): $422,148
Year Land Value Improved Value Assessed Value
2020 $270,608 $151,540 $422,148

Home Value Compared to the Market

This property vs the competition

243 E 29Th St is listed 37.5% lower 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 $338.6 per/sqft which puts the price per square foot 55.8% lower than the median price per square foot for the city of Los Angeles.

About 243 E 29Th St

Detailed summary of property

243 E 29Th St is a duplex located in Los Angeles, CA 90011 and is currently for sale. This duplex offers 6 bedrooms, 3 bathrooms, roughly 2,215 living square feet, and sits on an approximately 6,254 square foot lot. 243 E 29Th St was first listed on ArdentRealEstateGroup.com on September 8, 2024. The homeowner is currently asking $750,000. 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 37.5% lower than the median priced home. Local competing homes currently for sale include 227 W 47th St, 627 E 49th St and 1289 W 25th St. While the average home in Los Angeles, CA is selling in 104 days, 243 E 29Th St has a days on market of 8 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 243 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 243 E 29Th St

Public county record property details
Beds
6
Baths
3
Year built
1930
Sq. Ft.
2,215
Lot Size
6,251
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
28
APN
5128-003-027

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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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.