1009 E 29th Street, Los Angeles, CA 90011
Local realty services provided by:CENTURY 21 Masters
1009 E 29th Street,Los Angeles, CA 90011
$4,940,000
- 3 Beds
- 2 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: olga wright, evelyn baez gonzalez
Office: lyon stahl investment real estate, inc.
MLS#:SB26084832
Source:San Diego MLS via CRMLS
Price summary
- Price:$4,940,000
About this home
We are pleased to present 1009 E 29th St, a newly constructed 19-unit multifamily asset located in a central Los Angeles submarket with convenient access to Downtown Los Angeles and surrounding employment centers. ***The property is nearing Certificate of Occupancy and will be delivered 100% vacant, providing investors with full operational control and the ability to implement a customized lease-up strategy from inception. >>The asset offers a more manageable scale relative to larger developments, allowing for a more efficient lease-up and reduced execution risk. The building is fully ADA compliant, supporting a wide range of operational strategies, including workforce, voucher-based, or supportive housing.*** As new construction, the property requires no immediate capital expenditure, offering a stabilized physical plant and allowing ownership to focus on leasing and operations. The vacant delivery further enhances flexibility, eliminating tenant-related constraints and enabling immediate occupancy. << The location provides access to major transportation corridors, public transit, and a broad base of employment drivers throughout the Downtown Los Angeles area, supporting long-term rental demand. 1009 E 29th St presents an opportunity to acquire a newly delivered multifamily asset with operational flexibility, reduced near-term capital needs, and a clear path to stabilization....
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Home facts
- Listing ID #:SB26084832
- Added:54 day(s) ago
- Updated:June 16, 2026 at 02:16 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
Structure and exterior
- Levels:2 Story
Finances and disclosures
- Price:$4,940,000
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