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212 E 29TH ST LOS ANGELES, CA 90011
- Single Family Home / Resale (MLS)
Property Details for 212 E 29TH ST, LOS ANGELES, CA 90011
Features
- Price/sqft: $378
- Lot Size: 6250 sq. ft.
- Total Units: 1
- Total Rooms: 11
- Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Kitchen
- Stories: 100
- Heating: Central Furnace
- Construction Type: Wood
Facts
- Year Built: 01/01/1896
- Property ID: 885013132
- MLS Number: BB24097509
- Parcel Number: 5128-004-010
- Property Type: Single Family Home
- County: LOS ANGELES
- Legal Description: SHAFER AND LANTERMANS SUB OF THE MONTAGUE TR LOT/SEC 13 BLK/DIV/TWN D
- Zoning: LARD1.5
- Listing Status: Active
Sale Type
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
Description
This listing is NOT a foreclosure. The 5+ Unit Specialists are excited to present 212 E 29th St, an OPPORTUNITY ZONE 3-story, townhome-style new construction 5-unit (4 + 1 ADU) located minutes from Exposition Park and moments from the USC campus! With an ideal location that attracts both master lease and individual renters (USC students especially!), we project an outstanding 6.38% cap rate once stabilized!nnThis upscale property is made up of ALL expansive 4-bedroom units! With tons of balconies, ideal parking (9 spaces, 7 in garages and 2 exterior spaces), luxury finishes, and large floorplans, these units will be the #1 choice for high paying USC students, recent graduates, master lease companies, and more! Every box is checked!nn212 E 29th St is situated just minutes from Exposition Park, a 160-acre urban park that houses the California Science Center, the BMO Stadium, the Los Angeles Memorial Coliseum, EXPO Center, the California African American Museum, the Natural History Museum, the Rose Garden and the Dr. Theodore T. Alexander Jr. Science Center Charter School. Plus its minutes from the countless local hotspots and conveniences in the area, including the USC Village, DTLA Arts District, and major employment hubs. nnThanks to the excellent location, this will be an extremely easy to manage, high cash flow property. Enjoy no rent control, OZ benefits, separate meters for all utilities and a 1-year builders warranty! In addition to being a magnet for standard renters, we are already seeing incredible response from master leasing companies who want to rent the whole building at a premium.
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Property Brokerage:
Myunits.com
630 N. Glenoaks
Burbank
CA
91501
Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
All information provided is deemed reliable, but is not guaranteed and should be independently verified.
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