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1119 West 29Th Street
Los Angeles, CA 90007


Property Remarks

Built in 1963, this well maintained two-story, wood framed/stucco apartment building features approximately 8,960 square feet of rentable area, situated on a 10,301 square feet lot. The 15-unit building consists of fourteen (14) one-bedroom/one-bathroom units and one (1) two-bedroom/one bathroom unit, laundry room, gated courtyard, and patio. The roof was redone approximately 5 years ago. Some plumbing has been upgraded to copper. Property has two (2) one car garages with garage door openers, ten (10) tuck-under, and two (2) open parking spaces. The property is ideally situated a few blocks from the University of Southern California (USC) campus enjoying the benefit of consistently providing independent student housing. 1st time on the market in over 40 years. An astute investor should be able to take advantage of the strong rental market and increase rents to maximize potential income and return on investment.

Property Details

MLS#
17263568
Days on Market
230
Year Built
1963
Building/Living Area (sq ft)
8,960
Source of SqFt
Vendor Enhanced
Source of Lot Size
Vendor Enhanced

Location

State
CA
County
Los Angeles
Area
Mid Los Angeles (C16)

Presented By:

Tim Mullin
Brentwood CalBRE# 01878181 310.991.8481 mobile Contact Me Visit My Website

Listing provided courtesy of Stuart Steinberg , Peak Commercial, Inc.


Exterior

Lot Acreage
0
Paved
No
Waterfront
No


Interior

Equip/Appliances
Dishwasher
Freezer
Refrigerator

Additional Property Details

Number of Units
15
Parking Spaces
14
Number of Buildings
1
Gross Operating Income
$254,400
Total Expense
$104,121
ADA Compliance
No

AC/Cooling
Wall Or Window Units
Heating
Fireplace
Parking
Assigned

South Los Angeles

Community Explorer

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