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212 E 29th Street

212 E 29th Street Los Angeles, CA 90011

Multi-Family (2-4 Units) MLS #: BB24097509 Courtesy Of Myunits.com

$2,995,000

20 beds | 20 baths | 1 half baths | 7,918 sq ft
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Estimated monthly payments: $13,092/mo.* (recalculate)
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Property InformationDescription

The 5+ Unit Specialists are excited to present 212 E 29th St, an OPPORTUNITY ZONE 3-story, townhome-style new construction 5-unit (4 + 1 ADU) located minutes from Exposition Park and moments from the USC campus! With an ideal location that attracts both master lease and individual renters (USC students especially!), we project an outstanding 6.38% cap rate once stabilized!

This upscale property is made up of ALL expansive 4-bedroom units! With tons of balconies, ideal parking (9 spaces, 7 in garages and 2 exterior spaces), luxury finishes, and large floorplans, these units will be the #1 choice for high paying USC students, recent graduates, master lease companies, and more! Every box is checked!

212 E 29th St is situated just minutes from Exposition Park, a 160-acre urban park that houses the California Science Center, the BMO Stadium, the Los Angeles Memorial Coliseum, EXPO Center, the California African American Museum, the Natural History Museum, the Rose Garden and the Dr. Theodore T. Alexander Jr. Science Center Charter School. Plus it s minutes from the countless local hotspots and conveniences in the area, including the USC Village, DTLA Arts District, and major employment hubs.

Thanks to the excellent location, this will be an extremely easy to manage, high cash flow property. Enjoy no rent control, OZ benefits, separate meters for all utilities and a 1-year builder s warranty! In addition to being a magnet for standard renters, we are already seeing incredible response from master leasing companies who want to rent the whole building at a premium.

Features

  • Age: New Construction, New Construction
  • Appliances: Dishwasher, Freezer, Microwave, Oven - Gas, Range - Gas, Refrigerator
  • Architecture Style: Modern
  • Cooling System: Central A/C
  • Floor Covering: Vinyl
  • Heating System: Central Furnace
  • Roof Type: Unknown
  • Rooms: Bedroom, Full Bath, Half Bath, Kitchen, Walk-In Closet
  • View Type: City

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MAP & DIRECTIONS

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212 E 29th Street, Los Angeles, CA 90011
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School Information

212 E 29th Street, Los Angeles, CA 90011

Elementary School
Grades KG-5 | Public School
DOLORES HUERTA ELEMENTARY SCHOOL
Los Angeles, CA 90011
260 E 31st St
323.­846.4820
Distance: 0.1 mi
School Rating
B
Student:Teacher Ratio
23:1
Total Students
343
Middle School
Grades 6-8 | Public School
JOHN ADAMS MIDDLE SCHOOL
Los Angeles, CA 90007
151 W 30th St
213.­745.3700
Distance: 0.2 mi
School Rating
B-
Student:Teacher Ratio
19:1
Total Students
829
High School
Grades 9-12 | Public School
SANTEE EDUCATION COMPLEX
Los Angeles, CA 90011
1921 Maple Ave
213.­763.1000
Distance: 0.6 mi
School Rating
C
Student:Teacher Ratio
19:1
Total Students
1762
High School
Grades 9-12 | Public School
THOMAS JEFFERSON HIGH SCHOOL
Los Angeles, CA 90011
1319 E 41st St
323.­521.1200
Distance: 1.3 mi
School Rating
D
Student:Teacher Ratio
20:1
Total Students
720
High School
Grades 9-12 | Public School
MAYA ANGELOU COMMUNITY HIGH SCHOOL
Los Angeles, CA 90011
300 E 53rd St
323.­846.4600
Distance: 1.9 mi
School Rating
D-
Student:Teacher Ratio
21:1
Total Students
1044
High School
Grades 9-12 | Public School
NAVA COLLEGE PREPARATORY ACADEMY
Los Angeles, CA 90011
1319 E 41st St
323.­235.6800
Distance: 1.3 mi
School Rating
C
Student:Teacher Ratio
22:1
Total Students
645
Other Nearby Schools Distance Type Grades School Rating
Maple Primary Center 0.4 mi Public PK-1
William Jefferson Clinton Middle School 0.5 mi Public 6-8 C-
28th Street School 0.5 mi Public KG-5 C-
Animo Jackie Robinson High School 0.5 mi Public 9-12 B
Accelerated Charter Elementary School 0.5 mi Public KG-6 B-
Orthopaedic Hospital 0.5 mi Public 9-12 A
Frida Kahlo High School 0.6 mi Public 9-12 D-
Trinity Street Elementary 0.6 mi Public 2-5 D+
Gabriella Charter 2 0.6 mi Public KG-5 C
Quincy Jones Elementary 0.7 mi Public KG-5 D
Synergy Charter Academy 0.7 mi Public KG-5 B
Youthbuild Charter School Of California 0.7 mi Public 9-12 D
St Vincent School 0.7 mi Private KG-8
New Designs Charter 0.7 mi Public 6-12 B-
Ricardo Lizarraga Elementary 0.8 mi Public KG-5 D+
Early College Academy-la Trade Tech College 0.8 mi Public 9-12 B+
Wallis Annenberg High School 0.8 mi Public 9-12 C+
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Los Angeles, CA 90011

Median Age: 30.9
Married: 45%
Number of Households: 22,316
Households with Children: 55.7%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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