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1009 E 29th Street Los Angeles, CA $ 5,450,000
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1009 E 29th Street
$ 5,450,000
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Recently Listed New Construction
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1009 E 29th Street

Los Angeles, CA, 90011
$ 5,450,000
Baths1.0 Sq 10,324

Monthly Estimate*

$ 33,557

Listed by Lyon Stahl Investment Real Estate, Inc.
1009 E 29th Street, Los Angeles, CA 90011 - Image 1
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Studio

Multi-Family Home for sale in Los Angeles, CA

for $5,450,000 with 1 full bath. This 10,324 square foot home was built in 2026 on a lot size of 0.1777.

We are pleased to present 1009 E 29th St, a newly constructed 19-unit multifamily asset located in a central Los Angeles submarket with convenient access to Downtown Los Angeles and surrounding employment centers. ***The property is nearing Certificate of Occupancy and will be delivered 100% vacant, providing investors with full operational control and the ability to implement a customized lease-up strategy from inception. >>The asset offers a more manageable scale relative to larger developments, allowing for a more efficient lease-up and reduced execution risk. The building is fully ADA compliant, supporting a wide range of operational strategies, including workforce, voucher-based, or supportive housing.*** As new construction, the property requires no immediate capital expenditure, offering a stabilized physical plant and allowing ownership to focus on leasing and operations. The vacant delivery further enhances flexibility, eliminating tenant-related constraints and enabling immediate occupancy. << The location provides access to major transportation corridors, public transit, and a broad base of employment drivers throughout the Downtown Los Angeles area, supporting long-term rental demand. 1009 E 29th St presents an opportunity to acquire a newly delivered multifamily asset with operational flexibility, reduced near-term capital needs, and a clear path to stabilization.

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Multi-Family Active

Price

$ 5,450,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1777

Year Built

2026

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

SB26084832

Days on Market

4
Features
General
Sewer Public Sewer
HOA Fee 0
Garage Spaces 0
Pool Features None
Year Built 2026
Stories Count 2
Levels Two
Property Subtype Apartment
Gross Income 0
Community Features Biking Street Lights Sidewalks Urban
County Los Angeles
Net Operating Income 0
Operating Expense 0
Insurance Expense 0
New Construction true
Property Type Residential Income
HOA false
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions north of Jefferson Blvd and East of San Pedro St
City Los Angeles
Entry Location 1
Senior Community Y/N false
Number Of Units Total 19
MLS Area C42 - Downtown L.A.
Lot Size Units Square Feet
Lot Size Square Feet 7742
Listing Terms Cash to New Loan
Property Attached Y/N true
Land Lease Y/N false
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Builder
Tax Lot 224
Property Sub Type Additional Apartment
Cap Rate 6.95
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Interior
Total Stories 2
Common Walls 2+ Common Walls
Laundry Features Common Area
Entry Level 1
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Exterior
Lot Features Rectangular Lot
Water Source Public
Total Parking 0
Lot Size Area 7742
Number of Buildings 1
Building Area Total 10324
Lot Size Acres 0.1777
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 19
Number of Separate Electric Meters 19
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* Excluded Features
List By
Lyon Stahl Investment Real Estate, Inc.

Broker

olga@lyonstahl.com

Email

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$33,557
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Monthly Principal & Interest
$33,557
Monthly Property Taxes
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
4/22/2026 $5,450,000 Listed Price

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1009 E 29th Street, Los Angeles, CA, 90011 is a Multi-Family Home for sale at $5,450,000 with 10,324 sqft and a lot size of 0.1777. 1009 E 29th Street is a studio with 1.0 baths and was built in 2026. The property's zip code is 90011 which is in Los Angeles, CA

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