Historic Four-Unit Multifamily
For Sale
$1,299,000
1459 W 29TH St, Los Angeles, CA 90007
MULTI_FAMILY - LOS ANGELES, CA
Property Size2,986 SF
Lot Size0.17 Acres
Price / SF$435.03
Days on Market1569
Property Features for 1459 W 29TH St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
LAR2
Bedrooms
7
Bathrooms
5
Full bathrooms
4
Rooms
Bathroom 4, Bedroom 6, Bedroom 2, Bedroom 3, Bathroom 5, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 4, Bathroom 3, Bedroom 5, Bedroom 7
Parking
4
Parking features
On Street
Directions
West of Vermont. South of Adams.
Subdivision
Mid Los Angeles
Standard status
Active
APN
5054-033-022
Size
2,986 SF
Lot size
0.17 Acres
Utilities
Cooling system
Wall/Window Unit(s)
Building Details
Year built
1910
Floors in Building
2
Number of units
4
Listing Agency:
Estate Properties
(310) 559-5570
Listed By:
Jeffrey White · License #01133469
(213) 300-1485
Added: May 3, 2022
Changed: May 13
Last Checked: Aug 18 at 1:06PM
MLS# 22-153561
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.
This historic four-unit multifamily property is located in Los Angeles, California. The property consists of a large two-story front duplex and two separate detached houses in the back, with alley access for parking. The property is currently under the Mills Act, requiring work to be done on all three structures. The main two-story unit has four bedrooms and is rented to USC students. Additional monthly income is generated from laundry facilities with a washer and dryer. The front duplex includes a four-bedroom unit rented for $3,100 per month and a one-bedroom unit rented for $1,508 per month, both occupied by USC students. The lot size is 0.1719 acres, and the property size is 2,986 square feet. The zoning is LAR2. The seller will retain gas and mineral rights to the property. Intended use is residential income.
Key Highlights
- Historic property under the Mills Act offering potential property tax benefits.
- Four unit property with income potential from multiple rentals.
- Two‑story front duplex with existing USC student rental income.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,262
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Historic four-unit property near USC with income potential.
Where is this quadplex located?
The property is located at 1459 W 29TH St Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: Historic property under the Mills Act offering potential property tax benefits.; Four unit property with income potential from multiple rentals.; Two‑story front duplex with existing USC student rental income.
