2289 W 29th Place, Los Angeles, California 90018, Los Angeles, 90018 - bed, bath
2289 W 29th Place
Los Angeles, California 90018
Property Price
SUMMARY
Analysis of 2289 W 29th Place, Los Angeles, California 90018 is currently available with a list price of $1,799,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1924, the MLS description explicitly states the property has been 'beautifully remodeled' and 'thoughtfully renovated' to be in 'excellent condition,' offering 'true turnkey convenience.' The images confirm this, showcasing a modern kitchen with new white shaker cabinets, stainless steel appliances, quartz countertops, and contemporary backsplash. The living areas feature updated flooring, coffered ceilings, recessed lighting, and plantation shutters, all indicating a very recent and extensive renovation that meets current quality standards.
PROSSTRENGTHS & OPPORTUNITIES
- Income-Generating Triplex
Multi-unit property featuring a spacious 4-bedroom main house and two separate 1-bedroom units, offering significant rental income potential and flexible living arrangements for owner-occupancy or multi-generational living.
- Prime & Connected Location
Situated in a historically rich neighborhood with unbeatable proximity to USC, Exposition Park, Downtown LA, major cultural/sports venues, and excellent freeway/public transit access.
- Turnkey & Fully Renovated
The property has been thoughtfully renovated and is in excellent, turnkey condition, minimizing immediate capital expenditure for a new owner.
CONSRISKS & DEFICIENCIES
- Recently Sold Property
The property was recently sold within the past year on 2025-02-26. The sold price is $2,100,000.00.
- Multiple Price Reductions
The property has undergone several price reductions from its original list price, coupled with the 'SELLER MOTIVATED!!' note, suggesting potential market resistance or initial overpricing.
- Age of Property (1924 Build)
Despite extensive renovations, the 1924 construction year may imply potential for unforeseen maintenance issues or specialized upkeep inherent to older homes.
About 2289 W 29th Place
SELLER MOTIVATED!! Incredible opportunity to own a beautifully remodeled Craftsman-style triplex located in a historically rich neighborhood just a short drive from USC. This gated property features a spacious 4-bedroom, 3-bathroom front house with classic charm and modern upgrades, plus two separate 1-bedroom, 1-bathroom units in the back—perfect for rental income, multi-generational living, or owner occupancy. Every inch of the property has been thoughtfully renovated and is in excellent condition, offering true turnkey convenience. The lot is fully fenced with and has easy access to freeways and public transit. Enjoy unbeatable proximity to USC, Exposition Park, Downtown LA, Crypto.com Arena, the upcoming Lucas Museum, Banc of California Stadium, Dodger Stadium, and more. Surrounded by dining, shopping, and cultural landmarks, this triplex blends lifestyle, location, and long-term upside. Don’t miss your chance to own a high-performing asset in one of LA’s most promising and connected areas.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1924
- Lot Size
- 6,256 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Sixth Avenue Elementary School
Grades K-5 • 0.4 mi
Birdielee V. Bright Elementary School
Grades K-5 • 0.5 mi
Twenty-Fourth Street Elementary School
Grades K-5 • 0.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 2,916 | 2,554 | 73% |
| Lot Size | 6,256 | 6,352 | 47% |
| Price | $1.80M | $951.0K | 87% |
| Price per sq ft | $617 | $425 | 93% |
| Built year | 1924 | 1923 | 53% |
| HOA | $0 | $0 | 50% |
| Days on market | 241 | 231 | 60% |
Pricing History
Listed for Sale
Jan 9, 2026
$1,799,000
$1,825,000
-1% Price Drop
Initial Listing
Price Change
Sep 11, 2025
$1,825,000
$1,874,000
-3% Price Drop
Initial Listing
Price Change
Aug 16, 2025
$1,874,000
Initial Listing
Price Change
Jul 8, 2025
$1,900,000
Initial Listing
Sold
Feb 26, 2025
$2,100,000
Public Record
Sold
Oct 30, 2013
$325,000
Public Record
Sold
Sep 11, 2001
$245,000
Public Record
Sold
May 11, 2001
$163,500
Public Record