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1232 W 29th St
Los Angeles, CA 90007
The Dunes · Multifamily Property For Sale
·
20 Units
Investment Highlights
- Value-Add USC Student Housing Asset — 20 units / 27 bedrooms with multiple vacancies, offering immediate mark-to-market and ren
- Day-One Upside Through Vacant Units — Several vacant units allow new ownership to renovate, re-tenant, and reset rents
- Softstory Retrofit Has Been Completed
- Attractive Entry Basis vs. Recent Sales — Offered at ~$200K/unit, well below recent USC-area trades
- Abundant Onsite Parking Available for Students
Property Facts
| No. Units | 20 | Lot Size | 0.31 AC |
| Property Type | Multifamily | Building Size | 12,753 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1962 |
| Building Class | C | ||
| Zoning | LAR3 | ||
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.31 AC |
| Building Size | 12,753 SF |
| No. Stories | 2 |
| Year Built | 1962 |
| Zoning | LAR3 |
Amenities
Unit Amenities
- Kitchen
- Range
- Tub/Shower
- Carpet
- Grill
Site Amenities
- Grill
- Recycling
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 20 | - | - |
Property Taxes
| Parcel Number | 5055-030-015 | Improvements Assessment | $541,106 |
| Land Assessment | $541,106 | Total Assessment | $1,082,212 |
Property Taxes
Parcel Number
5055-030-015
Land Assessment
$541,106
Improvements Assessment
$541,106
Total Assessment
$1,082,212
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