1497 W 29th Street, Los Angeles, CA 90007

Local realty services provided by:ERA North Orange County Real Estate
1497 W 29th Street,Los Angeles, CA 90007
$1,350,000
  • 8 Beds
  • 8 Baths
  • 3,040 sq. ft.
  • Multi-family
  • Active
Listed by:michael pesci
Office:keller williams studio city
MLS#:25569543
Source:CRMLS

Price summary

  • Price:$1,350,000
  • Price per sq. ft.:$444.08

About this home

Presenting a prime investment opportunity in one of Los Angeles' most consistently high-demand rental markets, 1497 W 29th Street offers exceptional upside and long-term value just steps from the University of Southern California (USC). This well-maintained, income-producing 8-unit multifamily property features a desirable unit mix of six singles and one spacious 2-bedroom, 1-bathroom unit, making it an ideal acquisition for both seasoned and first-time investors.Set on a prominent corner lot, this gated complex offers a secure environment for tenants with modern security enhancements including a fully fenced perimeter, key-controlled entry, and strategically placed security cameras. Tenants also enjoy the convenience of on-site laundry, gated on-site parking, and a newly upgraded 100-gallon water heater to ensure comfort and functionality. The property is master-metered for gas and electric, offering operational simplicity and cost-effective management.This turnkey property boasts

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Home facts

  • Year built:1922
  • Listing Id #:25569543
  • Added:15 day(s) ago
  • Updated:August 13, 2025 at 01:21 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:8
  • Living area:3,040 sq. ft.

Structure and exterior

  • Year built:1922
  • Building area:3,040 sq. ft.
  • Lot area:0.13 Acres

Finances and disclosures

  • Price:$1,350,000
  • Price per sq. ft.:$444.08
Based on information from California Regional Multiple Listing Service, Inc. as of August 14, 2025 . 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. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.