Historic Four-Unit Multifamily
1459 W 29TH St, Los Angeles, CA 90007
MULTI_FAMILY - LOS ANGELES, CA
Property size:
2,986 SFLot size:
0.17 AcresPrice / SF:
$435/SF- Added:
- May 3, 2022
- Days on Market:
- 1478
- Last Refresh:
- May 19 at 5:06 pm
Property Features for 1459 W 29TH St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- LAR2
- Bedrooms
- 7
- Bathrooms
- 5
- 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
- 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 agent Jeffrey White License #01133469 (213) 300-1485
Listing office Estate Properties 10500 W Pico Blvd., Rancho Palos Verdes, CA (310) 559-5570
Listing date May 3, 2022
MLS# 22-153561
Listing URL
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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.
- Two separate detached houses in the back.
- Alley access for parking.
- Additional monthly income from laundry (washer/dryer).
Overview
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.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.29335
- Latitude
- 34.02892
Nearby Similar for Sale
FAQs
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.
