1009 E 29th Street, Los Angeles, California 90011
  • $4,940,000
  • $5,450,000

Overview

Property ID: SB26084832
  • Apartment, Residential Income
  • Property Type
  • 10324 Sqft
  • Area Size
  • 2026
  • Year Built

Description

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.

  • Address: 1009 E 29th Street
  • City: Los Angeles
  • State/county: CA
  • Zip/Postal Code: 90011
  • Country: US

Details

Updated on May 13, 2026 at 4:50 pm
  • Property ID SB26084832
  • Price $4,940,000
  • Property Size 10324 Sqft
  • Land Area 0.1777 Acres
  • Year Built 2026
  • Property Type Apartment, Residential Income
  • Property Status Active

Additional details

  • Listing Terms Cash to New Loan
  • Sewer Public Sewer
  • County Los Angeles
  • Property Type Residential Income
  • Pool None
  • Community Features Biking, Street Lights, Sidewalks, Urban

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