1519 W 29th, Los Angeles, California 90007, Los Angeles, 90007 - 0 bed, 0 bath
Loading property details...
Los Angeles, California 90007
This Strategic Multi-Family Asset is listed at $1,150,000, representing a stable entry point aligned with its $1,118,994 Fair Market Value. Boasting a Good Condition Rating, the 1927 quadruplex features two Remodeled Units with modern finishes and rare Private Garages for every tenant. Its prime USC Proximity ensures consistent rental demand from the student population and Downtown LA workforce. With one unit vacant for immediate use, this property offers a perfect balance of lifestyle and income. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-yield house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1519 W 29th Subject | $1,150,000* List Price | 0 | 0 | 2,550 | $439 | - |
A 1261 Exposition Pending | $825,000 List Price | 0 | 0 | 2,321 | $355 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1927 quadruplex is in good condition with two of the four units recently remodeled. The updated units feature modern dark wood cabinetry, stone countertops, and renovated bathrooms with contemporary tile surrounds and updated vanities. The property shows well-maintained flooring, including laminate and tile, along with updated vinyl windows and ceiling fans, making it move-in ready for tenants or an owner-occupant.
The property's proximity to USC and Downtown Los Angeles ensures high rental demand and low vacancy rates, particularly within the student housing market.
With one unit currently vacant and two units already remodeled, the property offers an immediate opportunity for an owner-occupant to move in while benefiting from existing rental income.
Rare for this vintage, the inclusion of private garages for each unit and a large basement for storage significantly enhances the property's value and tenant appeal.
Built in 1927, the property may require ongoing maintenance or costly upgrades to aging plumbing, electrical, and structural systems typical of historic buildings.
As a multi-family property in Los Angeles built before 1978, it is subject to the Rent Stabilization Ordinance (RSO), which limits the ability to adjust rents to market rates for occupied units.
Charming Los Angeles Quadruplex – Prime Investment Opportunity This lovely quadruplex is ideally located in the heart of Los Angeles, offering both convenience and strong rental potential. Providing an excellent opportunity for an owner-occupant, while the remaining three units generate steady rental income. One of the studio units is occupied by a student from University of Southern California, making this property especially appealing due to its proximity to campus. Two of the units have been remodeled in recent years, enhancing both comfort and value. Each unit includes its own private garage, and the property features a large basement that can be used for additional storage. Enjoy a beautiful yard with mature fruit trees, perfect for outdoor relaxation. The location is unbeatable—just minutes from USC Village, Downtown Los Angeles, Ralphs, and with easy access to the 110 and 10 freeways. Great opportunity for both investors and owner-users alike!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 4.5 | 50% |
| Baths | 0.0 | 1.5 | 50% |
| Square foot | 2,550 | 3,324 | 50% |
| Lot Size | 5,626 | 5,759 | 50% |
| Price | $1.15M | $1.26M | 50% |
| Price per sq ft | $451 | $393 | 50% |
| Built year | 1927 | 1960 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 216 | 50% |
Apr 3, 2026
$1,150,000
Initial Listing
Mar 10, 2015
$523,500
Public Record
Jul 15, 2004
$481,000
Public Record
Oct 30, 2001
$257,090
Public Record
Nov 13, 2000
$165,000
Public Record
Apr 23, 1999
$290,000
Public Record
Apr 22, 1999
$180,000
Public Record