1167 W 29th Street, Los Angeles, CA 90007
Local realty services provided by:ERA North Orange County Real Estate



1167 W 29th Street,Los Angeles, CA 90007
$1,625,000
- 2 Beds
- 1 Baths
- 1,260 sq. ft.
- Multi-family
- Active
Listed by:victoria aguilar
Office:nelson shelton & associates
MLS#:25566687
Source:CRMLS
Price summary
- Price:$1,625,000
- Price per sq. ft.:$1,289.68
About this home
Exceptional development opportunity just one block from USC in one of Los Angeles' most vibrant and fast-growing neighborhoods. This oversized 8,700 sq ft lot is zoned RD1.5-1-O and offers the potential to build up to five units by-right or up to nine units with a TOC Tier 3 bonus (buyer to confirm). With no on-site parking required under TOC, generous setbacks, and a max height allowance of 45 feet, this site is ideal for sleek student housing or modern long-term rentals in a high-demand, location. Situated on a quiet residential street surrounded by newer multi-family developments, the property is just moments from USC's campus, cultural landmarks, public transit, and retail favorites like Target and Trader Joe's. Located in a Transit Priority Area (TPA) and one of the safest residential pockets near USC, it offers consistent year-round rental demand from students and graduate programs. This property falls within the North University Park HPOZ and NSO Overlay, so buyers should verify development entitlements, CUP requirements for room count, and historic preservation guidelines. With very few large vacant lots remaining near USC, this is a rare chance to create a high-yield project in one of L.A.'s most prestigious and opportunity-rich neighborhoods. Don't miss out.
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Home facts
- Year built:1915
- Listing Id #:25566687
- Added:28 day(s) ago
- Updated:August 15, 2025 at 08:26 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Living area:1,260 sq. ft.
Structure and exterior
- Year built:1915
- Building area:1,260 sq. ft.
- Lot area:0.2 Acres
Finances and disclosures
- Price:$1,625,000
- Price per sq. ft.:$1,289.68
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