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Renovated Duplex With Detached ADU
For Sale
$1,095,000

1477 W 29th St, Los Angeles, CA 90007

Fully renovated duplex with furnished bedrooms, gated access, and in-unit laundry.

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

Property Features for 1477 W 29th St

General Information

Standard status Active
Size 2,328 SF
Net Rentable 2,328 SF
Lot size 0.13 Acres
Property subtype MULTI_FAMILY
Occupancy 100%

Financials

Cap Rate 6.5%
Gross Income $90,000
Gross Rent Multiplier 12

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

Building Size 2,328 SF
Year Built 1907
Buildings 2
Construction craftsman
Tenancy Multi
Abandoned No
Listing Agency: Keller Williams Hollywood Hills
Listed By: Davis Saadian · License #01921748
Source: Rochellemaize
Added: May 14 Changed: Aug 3 Last Checked: Aug 5 at 4:10AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Hollywood Hills

Investment Insights

Based on property information with market context.

This duplex combines a renovated 6-bedroom, 3-bathroom Craftsman residence, originally built in 1907, with a detached studio ADU. The two-unit property contains approximately 2,328 rentable square feet on a 5,626-square-foot lot. Improvements include hardwood floors, updated kitchens and bathrooms, stainless steel appliances, tile showers with glass enclosures, recessed lighting, contemporary fixtures, furnished bedrooms, and in-unit washers and dryers. Gated access and a substantial outdoor area are also included.

The property is located in the West of Campus neighborhood, within the USC DPS Patrol Zone and just blocks from the University of Southern California. It is currently 100% occupied by USC students and fully leased. Tenants pay gas, water, trash, and electricity. The offering reflects an approximately 6.5% cap rate and 12x GRM.

Key Highlights

  • 6‑bedroom, 3‑bathroom Craftsman residence plus detached studio ADU
  • Approximately 2,328 rentable square feet on a 5,626‑square‑foot lot
  • Originally built in 1907 and extensively renovated

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

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
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Frequently Asked Questions

What type of property is this?
Duplex - Fully renovated duplex with furnished bedrooms, gated access, and in-unit laundry.
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: 6‑bedroom, 3‑bathroom Craftsman residence plus detached studio ADU; Approximately 2,328 rentable square feet on a 5,626‑square‑foot lot; Originally built in 1907 and extensively renovated
More about this property
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