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1294 W 29th St Los Angeles, CA 90007
Listing 24-446565
  • Price/Unit $188,889
  • Cap Rate 5.2
  • Zoning LARD2-1
  • Price/SF $617
  • GRM 13.5
  • Bldg Size 5,300 sq. ft
$3,275,000
  • Status For Sale, Price Improvement
  • Year Built 1898 and 2001
  • Property Type Student Housing

About This Property

USC STUDENT HOUSING IN HISTORIC UNIVERSITY PARK DISTRICT! This triplex is comprised of a 6 bedroom 3 bathroom front house (6+3) (currently vacant) and two apartment units comprised of 6 bedrooms and 3 bathrooms (6+3) on the 1st floor, and another 6 bedrooms 3 bathroom (6+3) on the second floor. The property features walk in closets, laundry room, and landscaped yard. The building square footage is 5,126 +/- and sits on a 6,770 Sf +/- lot. The property is zoned LARD2. The main house was built in 1898, and the back two apartments were added in 2001 and not subject to LARSO. There are many restaurants, shops, public transportation options, and the USC Village is conveniently located in walking distance to the property. This is a great opportunity to invest in one of USC's prime student housing areas!!!

Property Details

  • Property Type

    Student Housing

  • Year Built

    1898 and 2001

  • Status

    For Sale, Price Improvement

  • Price/SF Lot

    $483

  • Building Size 5,300 sq. ft
  • Lot Size 6,770 sq. ft
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