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459 E 29th Street

Los Angeles (City), CA 90011
  • $995,000
  • STATUS: Active Under Contract
  • ON SITE: 309 Days
  • ID#: 21776666
Under Contract
UPDATED: 44 min ago
$995,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1925
County:

School Ratings & Info

Listing Agent(s): Oron Maher of Maher Commercial Realty (310-464-1453)


Description

Buyer may engage in conversations regarding Buyouts with Tenants in Escrow. High upside in rent. The subject property comprises of three duplexes totaling 6 units. The two side duplexes each have 1 bed/1bath units, and a structure in the back comprising of two units, each of them being 2 bed/1 baths. There is approximately 56% upside in the rent and less than $200K/door, presenting an investor with tremendous upside value over time.The subject property is located in the Historic South-Central neighborhood of Los Angeles, close to the University of Southern California and the Fashion District.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-07-01T08:27:01.397. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Zen Ziejewski and Team | Keller Williams Realty. Licensed in the State of California, USA.
www.homefinderorangecounty.com/homes/120799946
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459 E 29th Street Los Angeles (City), CA 90011

  • Price: $995,000
  • Status: Active Under Contract
  • On Site: 309 Days
  • Updated: 44 min ago
  • ID#: 21776666
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1925
Built
Neighborhood:
C42 - Downtown L.A.
County:
Los Angeles
Area:
C42 - Downtown L.A.
Property Description
Buyer may engage in conversations regarding Buyouts with Tenants in Escrow. High upside in rent. The subject property comprises of three duplexes totaling 6 units. The two side duplexes each have 1 bed/1bath units, and a structure in the back comprising of two units, each of them being 2 bed/1 baths. There is approximately 56% upside in the rent and less than $200K/door, presenting an investor with tremendous upside value over time.The subject property is located in the Historic South-Central neighborhood of Los Angeles, close to the University of Southern California and the Fashion District.
Exterior Features

Architectural Style Cottage Direction Faces North Parking Features None Parking Total 0 Pool Features None Pool Private YN No Roof Shingle Spa Features None Spa YN No View None View YN No

Interior Features

Appliances DisposalGas OvenRefrigeratorWasher Cooling None Cooling YN No Fireplace Features None Fireplace YN No Flooring Carpet Heating None Heating YN No

Property Features

Additional Parcels YN No Association Fee 0 Community Features Gated Gross Income 5859 Laundry Features None Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 48179 New Construction YN No Rent Control YN Yes Security Features Gated Community Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 0 Zoning Lard1.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-07-01T08:27:01.397. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Zen Ziejewski and Team | Keller Williams Realty. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_367151796-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_367151796-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_367151796-1.jpg
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Zen Ziejewski and Team | Keller Williams Realty
27101 Puerta Real #150
Mission Viejo CA, 92691
Listing Agent(s): Oron Maher of Maher Commercial Realty (310-464-1453)