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Historic Four-unit Property Near Usc with Rental Income

USD $1,299,000
1459 West 29th Street, Los Angeles, California, 90007, USA
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Property Highlights

  • Historic four-unit property
  • Large two-story front duplex
  • Two separate detached houses
  • Alley access for parking
  • Income from laundry facilities
  • USC student rentals with steady income

Overview

Historic four unit property. Currently under the Mills Act. Large two-story front duplex and two separate detached houses in back. Alley access for parking. No sign on property. Do Not Disturb Occupants. Main two-story 4 bedroom unit is a USC Student rental. Seller to retain gas/mineral rights to property. Additional monthly income from laundry - washer/dryer. Mills Act compliance requires work to be done on all three structures. Front Duplex is rented to USC students. 4 bedroom ($3,100 month) and 1 bedroom ($1,508 month) are rented to USC students.
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Property Features

1459 West 29th Street, Los Angeles, California, 90007, USA offers the following features:

Bedrooms: 7
Bathrooms: 4 Full
Living Area: 2986sf
Property Type: Residential Multi Family
Status: Active
Reference ID: 22-153561

What's Nearby

Local businesses near 1459 West 29th Street, Los Angeles, California, 90007, USA:

Grocery/Shopping Center: < 1 mile
Public Transportation: < 1 mile
School: < 1 mile
Gym: < 1 mile
Hospital: < 1 mile
Police Station: 1.2 miles

Map

The Local Vibe

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Setlife in Downtown Los Angeles, CA
Exploring the Broad Museum in Downtown Los Angeles, CA
Malibu, CA
Winter reflections in Brentwood.
"Blood Moon" sighting in Marina del Rey, Los Angeles, CA
Manhattan Beach Pier, CA

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Listed by: Jeffrey White