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Renovated Duplex with Gated Access
For Sale
$1,095,000

1477 W 29th St, Los Angeles, CA 90007

MULTI_FAMILY - Los Angeles, CA

Property Size2,328 SF
Lot Size0.13 Acres
Price / SF$470.36
Days on Market84

Property Features for 1477 W 29th St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning LAR2
Bedrooms 7
Bathrooms 4
Full bathrooms 3
Rooms Bedroom 4, Bathroom 4, Bedroom 2, Bathroom 1, Bedroom 7, Bathroom 2, Bedroom 1, Bathroom 3, Bedroom 3, Bedroom 5, Bedroom 6
Parking features Gated
Directions 1477 W. 29th Street | Los Angeles, CA 90007
Subdivision Mid Los Angeles
Standard status Active
APN 5054-034-014
Size 2,328 SF
Lot size 0.13 Acres

Utilities

Heating system Central
Cooling system Ceiling Fan(s)

Amenities

hardwood flooring
updated countertops
stainless steel appliances
tile showers with glass enclosures
in-unit washer and dryers
furnished bedrooms
updated kitchens and bathrooms
recessed lighting
contemporary fixtures
gated access
large outdoor area

Building Details

Year built 1907
Floors in Building 2
Number of units 2
Architectural style Craftsman
Listing Agency: Keller Williams Hollywood Hills · Keller Williams Realty
Listed By: Davis Saadian · License #01921748
Added: May 14 Changed: Aug 1 Last Checked: Aug 5 at 10:06AM
MLS# 26833429

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Renovated duplex student housing offering a craftsman-style single family residence built in 1907 plus a detached studio ADU. The layout features 6 bedrooms and 3 bathrooms across the home and studio, totaling approximately 2,328 rentable square feet, situated on a 5,626 square foot lot. Both units have undergone extensive updates including hardwood flooring, updated countertops, stainless steel appliances, tile showers with glass enclosures, in-unit washer and dryers, furnished bedrooms, recessed lighting, and contemporary fixtures. The property includes gated access and a large outdoor area.

Located in the West of Campus area within the USC DPS Patrol Zone, the property is just blocks from the University of Southern California. It is currently 100% occupied and fully leased to USC students, with in-place tenant demand reflected in year-round occupancy.

Operationally, tenants are responsible for all utilities including gas, water, trash, and electricity. The offer is presented with approximately a 6.5% cap rate and 12x GRM based on the provided materials, supporting an immediate, in-place income profile.

Key Highlights

  • Renovated craftsman duplex plus detached studio ADU built in 1907, totaling approx 2,328 SF on a 5,626 SF lot
  • Currently 100% occupied and fully leased to USC students
  • Tenants responsible for gas, water, trash, and electricity

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency HVAC Service (Bike/Boat/Book/etc) Store Acupuncture Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

3,262
Businesses Nearby

Demographics for 90007, CA

40,944
Population
14,153
Households
2.9
Avg Household Size
28
Median Age
29%
College-Educated
63%
High-School Grad
2.4 sq mi
ZIP Area
17,060
Density / Sq Mi
$36,032
Median Household Income
$21,176
Median Earnings
$1,480
Median Rent
$852,900
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Renovated student housing duplex with a detached studio ADU, gated access, and tenants paying utilities.
Where is this duplex located?
The property is located at 1477 W 29th St Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,095,000.
What are key features of this property?
This property features: Renovated craftsman duplex plus detached studio ADU built in 1907, totaling approx 2,328 SF on a 5,626 SF lot; Currently 100% occupied and fully leased to USC students; Tenants responsible for gas, water, trash, and electricity
More about this property
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