USC STUDENT HOUSING IN HISTORIC UNIVERSITY PARK DISTRICT! This triplex is comprised of a 6 bedroom 3 bathroom front house (6+3) (currently vacant) and two apartment units comprised of 6 bedrooms and 3 bathrooms (6+3) on the 1st floor, and another 6 bedrooms 3 bathroom (6+3) on the second floor. The property features walk in closets, laundry room, and landscaped yard. The building square footage is 5,126 +/- and sits on a 6,770 Sf +/- lot. The property is zoned LARD2. The main house was built in 1898, and the back two apartments were added in 2001 and not subject to LARSO. There are many restaurants, shops, public transportation options, and the USC Village is conveniently located in walking distance to the property. This is a great opportunity to invest in one of USC's prime student housing areas!!!
Listed by Michael R. Fukushima
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License #01380445
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Keller Williams Realty Downey
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18183216490
Listed by Stephen F. Watson
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License #01187813
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Keller Williams Realty Downey
Last updated December 05, 2024
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Source: CRMLS #24446565
Listing Facts
TypeMulti-family
NeighborhoodUniversity Park
Bedrooms18
Days on Prevu341
Size5,300 sqft
Price per sqft$618
Amenities
Parking
Location
Mortgage Calculator
Listing History
11/19/2024
Price Decreased
$3,275,000
09/30/2024
Listed by Keller Williams Realty Downey
$3,400,000
Property Details for 1294 W 29th Street
Exterior
Construction
Number Of Units Total: 3
Year Built: 1898
Features
Direction Faces: North
Measurements
Building Area Total: 5,300
Lot Size Acres: 0.15
Lot Size Area: 6,770
Lot Size Source: Assessor
Lot Size Square Feet: 6,770
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 5.2
Gross Income: $237,787.00
Taxes
Parcel Number: 5055010043
Interior
Features
Appliances: Refrigerator
Measurements
Living Area: 5,300
Rooms
Bathrooms Total Integer: 9
Bedrooms Total: 18
Parking
Parking
Parking Features: On Street, Uncovered
Parking Total: 5
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.
