Active

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 : Residential Income

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

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer

  • Building Information

    Year Built: 2026 Building Area Total: 10,324
  • Pool Features

    None

    Laundry Features

    Common Area

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1777
  • Lot Size Source: Assessor Lot Size Square Feet: 7742

  • Listing Price Information

    Original List Price: 4,940,000 Listing Contract Date: 2026-04-20
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 5128022025

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: C42 - Downtown L.A. Directions: north of Jefferson Blvd and East of San Pedro St Source Property Type: Residential Income Area: C42 - Downtown L.A. Property SubType: Apartment
  • Building and Construction

    Property Age: 0 Common Walls: 2+ Common Walls Structure Type: Apartment Year Built Source: Builder Entry Level: 1 Entry Location: 1 Property Attached: Yes Levels or Stories: Two Building Total Stories: 2
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1432 E 25th Street, Los Angeles, CA, 90011 $14,000,000 55 -- 26,048 26,048 SqFt
1325 E Adams Boulevard, Los Angeles, CA, 90011 $1,095,000 7 -- 2,838 2,838 SqFt
4610 Compton Avenue, Los Angeles, CA, 90011 $1,200,000 5 -- 3,124 3,124 SqFt
1132 E 27th Street, Los Angeles, CA, 90011 $960,000 6 4 1,486 1,486 SqFt
856 E 22nd Street, Los Angeles, CA, 90011 $1,150,000 5 -- 4,219 4,219 SqFt
2411 Griffith Avenue, Los Angeles, CA, 90011 $547,000 -- -- 1,064 1,064 SqFt
1348 E Vernon Avenue, Los Angeles, CA, 90011 $2,345,000 17 -- 5,927 5,927 SqFt
5426 Compton, Los Angeles, CA, 90011 $849,900 -- -- 4,186 4,186 SqFt
1013 E 28th Street, Los Angeles, CA, 90011 $996,000 12 -- 4,352 4,352 SqFt
805 E 25th St, Los Angeles, CA, 90011 $930,000 9 4 3,126 3,126 SqFt

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ByOwner last updated this listing 06/09/2026 @ 21:29

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

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