$4,940,000

Multi Family In Los Angeles

  • 3 Beds
  • 2 Baths
  • 7,741 Sqft lot
  • Updated: May 14
  • Source:
    San Diego MLS  MLS#SB26084832

About the Property

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-u
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.
  • Property type

    Other

  • Floors

    2

Explore the Area

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Lyon Stahl Investment Real Estate, Inc. - El Segundo

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Lyon Stahl Investment Real Estate, Inc. - El Segundo
California, United States
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54
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2025
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Lyon Stahl Investment Real Estate, Inc. - El Segundo
El Segundo, California, United States
View agency profile
Last updated
May 14
First listed
May 13
Listing reference
SB26084832
Listing status
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