1009 E 29th Street, Los Angeles, CA 90011
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
1009 E 29th Street,Los Angeles, CA 90011
$5,450,000
- - Beds
- - Baths
- 10,324 sq. ft.
- Multi-family
- Active
Listed by: olga wright, evelyn baez gonzalez
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:SB26084832
Source:CRMLS
Price summary
- Price:$5,450,000
- Price per sq. ft.:$527.9
About this home
We are pleased to present 1009 E 29th St, a newly constructed 19-unit multifamily asset located in a central Los Angeles submarket with convenient access to Downtown Los Angeles and surrounding employment centers.
***The property is nearing Certificate of Occupancy and will be delivered 100% vacant, providing investors with full operational control and the ability to implement a customized lease-up strategy from inception.
>>The asset offers a more manageable scale relative to larger developments, allowing for a more efficient lease-up and reduced execution risk. The building is fully ADA compliant, supporting a wide range of operational strategies, including workforce, voucher-based, or supportive housing.***
As new construction, the property requires no immediate capital expenditure, offering a stabilized physical plant and allowing ownership to focus on leasing and operations. The vacant delivery further enhances flexibility, eliminating tenant-related constraints and enabling immediate occupancy.
<< The location provides access to major transportation corridors, public transit, and a broad base of employment drivers throughout the Downtown Los Angeles area, supporting long-term rental demand.
1009 E 29th St presents an opportunity to acquire a newly delivered multifamily asset with operational flexibility, reduced near-term capital needs, and a clear path to stabilization....
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Home facts
- Year built:2026
- Listing ID #:SB26084832
- Added:10 day(s) ago
- Updated:May 03, 2026 at 10:30 AM
Rooms and interior
- Living area:10,324 sq. ft.
Structure and exterior
- Year built:2026
- Building area:10,324 sq. ft.
- Lot area:0.18 Acres
- Lot Features:Rectangular Lot
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$5,450,000
- Price per sq. ft.:$527.9
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