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    459 E 29th Street

    Los Angeles (City), CA 90011
    • $1,050,000
    • STATUS: Active
    • ON SITE: 61 Days
    • ID#: 21776666
    UPDATED: 59 min ago
    $1,050,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1925
    County:

    School Ratings & Info

    Description

    Buyer may engage in conversations regarding Buyouts with Tenants in Escrow. High upside in rent. The subject property comprises of three duplexes totaling 6 units. The two side duplexes each have 1 bed/1bath units, and a structure in the back comprising of two units, each of them being 2 bed/1 baths. There is approximately 56% upside in the rent and less than $200K/door, presenting an investor with tremendous upside value over time.The subject property is located in the Historic South-Central neighborhood of Los Angeles, close to the University of Southern California and the Fashion District.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-26T10:25:51.947. 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 deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.
    www.therealestategirl.com/homes/120799946
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    459 E 29th Street Los Angeles (City), CA 90011

    • Price: $1,050,000
    • Status: Active
    • Updated: 59 min ago
    • ID#: 21776666
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    1925
    Built
    Neighborhood:
    C42 - Downtown L.A.
    County:
    Los Angeles
    Area:
    C42 - Downtown L.A.
    Property Description
    Buyer may engage in conversations regarding Buyouts with Tenants in Escrow. High upside in rent. The subject property comprises of three duplexes totaling 6 units. The two side duplexes each have 1 bed/1bath units, and a structure in the back comprising of two units, each of them being 2 bed/1 baths. There is approximately 56% upside in the rent and less than $200K/door, presenting an investor with tremendous upside value over time.The subject property is located in the Historic South-Central neighborhood of Los Angeles, close to the University of Southern California and the Fashion District.
    Exterior Features

    Architectural Style Cottage Direction Faces North Parking Features None Pool Features None Pool Private YN No Roof Shingle Spa Features None Spa YN No View None View YN No

    Interior Features

    Appliances DisposalGas OvenRefrigeratorWasher Cooling None Cooling YN No Fireplace Features None Fireplace YN No Flooring Carpet Heating None Heating YN No

    Property Features

    Additional Parcels YN No Community Features Gated Gross Income 5859 Laundry Features None Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 48179 Rent Control YN Yes Security Features Gated Community Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 0 Zoning Lard1.5

    Listing provided courtesy of Oron Maher of Maher Commercial Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-26T10:25:51.947. 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 deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.
     
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