130 E 29th St | Los Angeles, CA 90011
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- LoopNet Team
130 E 29th St
Los Angeles, CA 90011
Multifamily Property For Sale
·
4 Units
INVESTMENT HIGHLIGHTS
- 4-Townhomes Built in 2020 located approximately 1 mile to both DTLA and USC
- Favorable Unit Mix: Property features a favorable unit mix of (2) four-bedroom/three-bathroom and (2) four-bedroom/four-bathroom large TH units
- Units are excellent for large families or co-living tenants as they are spread over three floors and feature massive kitchen/living areas
- Excellent Metrics for New Construction: Low price per foot ($336.39/ft), 6.13% cap rate/ 12.22 GRM on current rents
- Unit Features: Units feature balconies, central heat and air-conditioning, recessed lighting, luxury laminate flooring, and modern kitchens
- Property has Walk Score of 78 (very walkable) and a Bike Score of 90 (biker’s paradise) as it is approximately 1-mile from Downtown Los Angeles
PROPERTY FACTS
| No. Units | 4 | Lot Size | 0.14 AC |
| Property Type | Multifamily | Building Size | 6,540 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Townhome | Year Built | 2020 |
| Building Class | B | ||
| Zoning | LARD1.5 - Restricted Density Multiple Dwelling One-Family Dwellings, Two-Family Dwellings, Apartment Houses, Multiple Dwellings, Home Occupations | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 0.14 AC |
| Building Size | 6,540 SF |
| No. Stories | 3 |
| Year Built | 2020 |
| Zoning | LARD1.5 - Restricted Density Multiple Dwelling One-Family Dwellings, Two-Family Dwellings, Apartment Houses, Multiple Dwellings, Home Occupations |
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