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1477 W 29th St
Los Angeles CA 90007 US

$1,095,000

Active Listing ID 26833429
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7 bed
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4.00 Bath (3 Full)
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Lot: 0.13 Acres
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Other

$1,095,000

Active Listing ID 26833429
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1477 W 29th St We are pleased to present the opportunity to acquire 1477 W. 29th Street, a fully renovated duplex student housing investment located in the highly coveted West of Campus neighborhood within the USC DPS Patrol Zone. Situated just blocks from the University of Southern California, the property benefits from one of the strongest student housing rental markets in Los Angeles, consistently achieving premium rents, full occupancy, and strong year-round tenant demand. The property is currently 100% occupied by USC students and fully leased, generating approximately $7, 500 per month. With a proven operational history, parental guarantees, and strong in-place cash flow, the asset offers investors immediate yield and stable income from day one. The property consists of a beautifully upgraded 6-bedroom + 3-bathroom craftsman single family residence originally built in 1907, along with a detached studio ADU, totaling approximately 2, 328 rentable square feet situated on a 5, 626 square foot lot. Both units have undergone extensive renovations featuring modern, high-end finishes throughout, including hardwood flooring, updated countertops, stainless steel appliances, tile showers with glass enclosures, in-unit washer and dryers, furnished bedrooms, updated kitchens and bathrooms, recessed lighting, and contemporary fixtures. The property also features gated access, and a large outdoor area, all highly desirable amenities for the USC student demographic. Operationally, the asset is highly efficient, with tenants responsible for all utilities; gas, water, trash and electricity, helping minimize landlord expenses and maximize net operating income. Offered at approximately a 6.5% cap rate and 12x GRM, the asset represents a rare plug-and-play investment opportunity combining strong in-place cash flow, and long-term appreciation potential in one of Los Angeles' most resilient and supply-constrained rental submarkets.

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Property Features

  • Facts
  • Lot Size: 0.13 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 3
  • Cooling System: Ceiling Fan(s)
  • Heating Fuels: Central

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 1095000
  • unparsedaddress: 1477 W 29th St
  • postalcity: Los Angeles
  • stateorprovince: CA
  • country: US
  • postalcode: 90007
  • bathroomsfull: 3
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.1292
  • lotsizeunits: Acres
  • lotsizearea: 0.1292
  • livingarea: 2328
  • livingareaunits: Square Feet
  • latitude: 34.028919
  • longitude: -118.293889
  • listagentfullname: Davis Saadian
  • listagentemail: davis@saadiangroup.com
  • listagentkey: 3yd-CLAWCA-C114727
  • listagentmlsid: C114727
  • listagentpreferredphone: 3104028958
  • listagentofficephone: 3106231300
  • listofficekey: 3yd-CLAWCA-X7252101
  • listagentstatelicense: 01921748
  • listofficemlsid: X7252101
  • disclaimer: Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: CLAWCA
  • yearbuilt: 1907
  • listingcontractdate: 2026-05-14
  • listagenturl: www.saadiangroup.com
  • countyorparish: Los Angeles
  • parcelnumber: 5054-034-014
  • cooling: Ceiling Fan(s)
  • heating: Central
  • numberofunitstotal: 2
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • parkingfeatures: Gated
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • architecturalstyle: Craftsman
  • rooms: Bathroom 3, Bathroom 1, Bathroom 4, Bedroom 7, Bedroom 4, Bedroom 1, Bedroom 6, Bathroom 2, Bedroom 5, Bedroom 3, Bedroom 2
  • speciallistingconditions: Standard
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -118.29389, 34.02892
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Keller Williams Realty Hollywood Hills", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"davis@saadiangroup.com", "ListBrokerageCity":"West Hollywood", "ListBrokerageCountry":"US", "ListBrokerageEmail":"nauz@kw.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/CLAWCA/c0973ff106d611dfb51400219b994c72/20131015180339224.png", "ListBrokerageName":"Keller Williams Realty Hollywood Hills", "ListBrokeragePhone":"(310) 623-1300", "ListBrokeragePostalCode":"90069", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":"Suite 1100", "ListBrokerageUnparsedAddress":"9000 W. Sunset Blvd.", "ListBrokerageWebsiteUrl":"http://www.kwsunset.com", "ListOfficeAddress1":"9000 Sunset Blvd. Suite 1100", "ListOfficeAddress2":"Suite 1100", "ListOfficeBrokerMlsId":"X7252101", "ListOfficeCity":"West Hollywood", "ListOfficeCountry":"US", "ListOfficeEmail":"nauz@kw.com", "ListOfficePostalCode":"90069", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Los Angeles, CA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1477-W-29th-St_Los-Angeles_CA_90007_M13587-08792?f=listhub&s=CLAWCA&m=26833429&c=rexren", "MLSModificationTimestamp":"2026-05-14 16:30:11", "Neighborhoods":[{"Description":null, "Name":"Mid Los Angeles"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 5/17/2026 1:43:24 PM GMT
Source Updated Date: 5/18/2026 12:43:10 PM GMT

Courtesy of: Davis Saadian, Keller Williams Hollywood Hills, davis@saadiangroup.com

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.