1497-29 W 29th Street West, Los Angeles, CA 90007
Local realty services provided by:ERA North Orange County Real Estate
1497-29 W 29th Street West,Los Angeles, CA 90007
$1,460,000
- 1 Beds
- 8 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: michael peters
Office: victory financial inc.
MLS#:P1-29498
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,460,000
About this home
1497 W 29th Street, Los Angeles.Exceptional 8-Unit Investment Opportunity Near USCPresenting an excellent investment opportunity in one of Los Angeles' established rental markets. Located walking distance from the University of Southern California (USC), 1497 W 29th Street is an income-producing 8-unit multifamily property offering an attractive opportunity for investors seeking long-term rental income and potential appreciation.The property features a desirable unit mix of six studio units and two one-bedroom, one-bathroom units, appealing to a broad tenant base that includes USC students, university faculty, and working professionals.Situated on a prominent corner lot, this gated property offers added privacy and security with a fully fenced perimeter, controlled-access entry, and strategically positioned security cameras. Additional tenant amenities include on-site laundry facilities and gated on-site parking.The property has benefited from several improvements completed within the last few years, including a newer roof, updated copper plumbing, and upgraded electrical systems. Additional features include a paved and gated parking area and a 100-gallon water heater. The property is master-metered for gas and electricity, providing a straightforward utility arrangement for ownership and management.An Exceptional LocationLocation is a key advantage of this investment. Situated within the USC Department of Public Safety (DPS) Patrol and Response Area, the property is conveniently positioned to attract students, faculty, and other renters seeking proximity to the university....
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Home facts
- Listing ID #:P1-29498
- Added:2 day(s) ago
- Updated:November 08, 2026 at 03:46 PM
Rooms and interior
- Bedrooms:1
- Total bathrooms:8
Structure and exterior
- Levels:1 Story
Finances and disclosures
- Price:$1,460,000
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