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1009 E 29th Street

Los Angeles, CA 90011
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Bed 0

Bed

Bath 0

Bath

SqFt10,324

Sqft

SqFt7,742

Sqft(Lot)

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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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $4,940,000

AD Id : 77664293

MLS Id : SB26084832

Lot Size : 7,742 Sqft

Living Area Size : 10,324

Year Built : 2026

County : Los Angeles

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Feature Features

  • Building Information

    Year Built: 2026
    Building Area Total: 10324
    Stories: 2
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 7742 Lot Size Acres: 0.1777 Lot Size Source: Assessor Lot Size Square Feet: 7,742 Lot Description: Rectangular Lot

  • Listing Price Information

    Listing Price: $4940000
    Original Price: $5450000
    Cash to New Loan

  • Tax Information

    Parcel Number: 5128022025 Tax Lot: 224

  • Location Information

    Direction: north of Jefferson Blvd and East of San Pedro St WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1554 E 24th Street, Los Angeles, CA, 90011 $499,900 2 1 650 650 SqFt
1655 E 42nd Street, Los Angeles, CA, 90011 $795,000 2 1 1,196 1,196 SqFt
1335 1337 E Adams, Los Angeles, CA, 90011 $2,100,000 14 5 4,266 4,266 SqFt
1325 E Adams Boulevard, Los Angeles, CA, 90011 $1,095,000 7 -- 2,838 2,838 SqFt
1519 E 41st, Los Angeles, CA, 90011 $589,000 3 2 1,020 1,020 SqFt
1471 E 41st, Los Angeles, CA, 90011 $835,000 3 2 --
1330 E 33rd, Los Angeles, CA, 90011 $599,000 4 3 1,170 1,170 SqFt
946 E 21st Street, Los Angeles, CA, 90011 $2,395,000 22 -- 7,320 7,320 SqFt
923 E 25th Street, Los Angeles, CA, 90011 $615,000 3 2 1,615 1,615 SqFt
856 E 22nd Street, Los Angeles, CA, 90011 $1,150,000 5 -- 4,219 4,219 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 07/27/2026 @ 16:49

MLS: SB26084832 LISTED BY: Olga Wright, Lyon Stahl Investment Real Estate, Inc. 310-425-9838 SOURCE: CRMLS

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