212 E 29th St
Los Angeles, CA 90011
20 Beds
21 Baths
7,918 Sq Ft
37 Days on Market
For Sale $2,895,000
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Courtesy of Power Brokers

Listing Agent & Comments

Michael FitzgeraldPower Brokers
310-793-6136Michael@michaelfitzgeraldrealtor.com License #02016898
Opportunity Zone!! This newly constructed 5-unit property at 212 E 29th St., presents an outstanding opportunity with a pro-forma 6.26% cap rate, making it ideal for investors seeking strong returns. Two of the units are currently leased at $4,100 per month. The fully gated property consists of two brand-new buildings, a duplex in front and duplex plus attached ADU at rear, thoughtfully designed with modern amenities and low-maintenance features. Each unit is equipped with sleek stainless steel kitchen appliances, in-unit washer and dryers, and energy-efficient tankless water heaters. Some of the units offer breathtaking views of Downtown LA, adding even more appeal to potential tenants. With a total of 9 parking spaces, 7 secure garages and 2 partially covered carports plus room to create an additional space, the property provides ample parking, a major bonus for city living. The property's prime location is a key selling point, situated near major institutions like USC, LA Trade-Tech College, and California Hospital Medical Center, making it attractive to students, faculty, and medical professionals alike. It's also just a short distance from Downtown LA's vibrant entertainment and dining scene, including LA Live, Staples Center, and a variety of acclaimed restaurants. Surrounded by schools, parks, and community amenities, this property appeals to a wide range of tenants. With minimal landscaping and a design that emphasizes low upkeep, this turnkey investment is poised for long-term growth and steady cash flow in one of LA's rapidly developing neighborhoods. Don't miss the chance to capitalize on this unique offering!

MLS# 24463491 • Data provided by CRMLS
Additional home details
Living Area7,918 Sq.Ft.
Lot Size6,251 Sq.Ft.
Total Rooms--
Bedrooms20
Bathrooms21
Stories3
Year Built2024
Property TypeMultifamily
ZoningLARD1.5
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$8,833
Property in Flood Zone--
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More Information On This Home
This home's estimated value
$2,856,728
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties
New
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HouseCanary, Inc. Brokerage

212 E 29th St., Los Angeles, CA 90011

Multifamily
20 Beds
21 Baths
7,918 Sq Ft
37 Days on Market

Listing Agent & Comments

Michael FitzgeraldPower Brokers
310-793-6136Michael@michaelfitzgeraldrealtor.com License #02016898
Opportunity Zone!! This newly constructed 5-unit property at 212 E 29th St., presents an outstanding opportunity with a pro-forma 6.26% cap rate, making it ideal for investors seeking strong returns. Two of the units are currently leased at $4,100 per month. The fully gated property consists of two brand-new buildings, a duplex in front and duplex plus attached ADU at rear, thoughtfully designed with modern amenities and low-maintenance features. Each unit is equipped with sleek stainless steel kitchen appliances, in-unit washer and dryers, and energy-efficient tankless water heaters. Some of the units offer breathtaking views of Downtown LA, adding even more appeal to potential tenants. With a total of 9 parking spaces, 7 secure garages and 2 partially covered carports plus room to create an additional space, the property provides ample parking, a major bonus for city living. The property's prime location is a key selling point, situated near major institutions like USC, LA Trade-Tech College, and California Hospital Medical Center, making it attractive to students, faculty, and medical professionals alike. It's also just a short distance from Downtown LA's vibrant entertainment and dining scene, including LA Live, Staples Center, and a variety of acclaimed restaurants. Surrounded by schools, parks, and community amenities, this property appeals to a wide range of tenants. With minimal landscaping and a design that emphasizes low upkeep, this turnkey investment is poised for long-term growth and steady cash flow in one of LA's rapidly developing neighborhoods. Don't miss the chance to capitalize on this unique offering!

MLS# 24463491 • Data provided by CRMLS
Additional home details
Living Area7,918 Sq.Ft.
Lot Size6,251 Sq.Ft.
Total Rooms--
Bedrooms20
Bathrooms21
Stories3
Year Built2024
Property TypeMultifamily
ZoningLARD1.5
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$8,833
Property in Flood Zone--
We’ll connect you with top agents in your area.
This property is missing data for:
Comparable properties
New
Do you own this home?
Access your homeowner dashboard
house
For Sale $2,895,000
Request tour
Save
Courtesy of Power Brokers
212 E 29th St
Los Angeles, CA 90011
20 Beds
21 Baths
7,918 Sq Ft
37 Days on Market

Listing Agent & Comments

Michael FitzgeraldPower Brokers
310-793-6136Michael@michaelfitzgeraldrealtor.com License #02016898
Opportunity Zone!! This newly constructed 5-unit property at 212 E 29th St., presents an outstanding opportunity with a pro-forma 6.26% cap rate, making it ideal for investors seeking strong returns. Two of the units are currently leased at $4,100 per month. The fully gated property consists of two brand-new buildings, a duplex in front and duplex plus attached ADU at rear, thoughtfully designed with modern amenities and low-maintenance features. Each unit is equipped with sleek stainless steel kitchen appliances, in-unit washer and dryers, and energy-efficient tankless water heaters. Some of the units offer breathtaking views of Downtown LA, adding even more appeal to potential tenants. With a total of 9 parking spaces, 7 secure garages and 2 partially covered carports plus room to create an additional space, the property provides ample parking, a major bonus for city living. The property's prime location is a key selling point, situated near major institutions like USC, LA Trade-Tech College, and California Hospital Medical Center, making it attractive to students, faculty, and medical professionals alike. It's also just a short distance from Downtown LA's vibrant entertainment and dining scene, including LA Live, Staples Center, and a variety of acclaimed restaurants. Surrounded by schools, parks, and community amenities, this property appeals to a wide range of tenants. With minimal landscaping and a design that emphasizes low upkeep, this turnkey investment is poised for long-term growth and steady cash flow in one of LA's rapidly developing neighborhoods. Don't miss the chance to capitalize on this unique offering!

MLS# 24463491 • Data provided by CRMLS
Additional home details
Living Area7,918 Sq.Ft.
Lot Size6,251 Sq.Ft.
Total Rooms--
Bedrooms20
Bathrooms21
Stories3
Year Built2024
Property TypeMultifamily
ZoningLARD1.5
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$8,833
Property in Flood Zone--
We’ll connect you with top agents in your area.
More Information On This Home
This home's estimated value
$2,856,728
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties
New
Do you own this home?
Access your homeowner dashboard
house

For Sale $2,895,000
Request tour
Save
Courtesy of Power Brokers