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$5,450,000
1009 E 29th Street, Los Angeles, CA 90011
Lyon Stahl Investment Real Estate, Inc.
MLS® SB26084832
3Beds
2Baths
20Days Listed
About This 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-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.
Olga WrightLyon Stahl Investment Real Estate, Inc.310-801-7373MLS® SB26084832
Property Location
Map
Property Details
- Property Type
- Res Income 2-4 Units
- Bedrooms
- 3
- Bathrooms
- 2
- Building Area
- 0 Sqft
- Living Area
- 0 sqft
- Year Built
- 0
- Status
- Active
- Days on Market
- 20
- Cumulative Days on Market
- 1
- Original Price
- $5,450,000
- MLS® Number
- SB26084832
Location & Neighborhood
What's nearby 1009 E 29th Street, Los Angeles, CA 90011
Nearby Schools
- Quincy Jones Elementary School0.2 mi
elementary
- Saint Patrick School0.3 mi
elementary
- Twenty-Eighth Street Elementary School0.3 mi
elementary
Parks & Recreation
- 0.5 mi
Transit Access
- Central & 28th0.1 mi
Bus Stop
- Central & 32nd0.2 mi
Bus Stop
- Central & 33rd0.2 mi
Bus Stop
- Adams & Central0.2 mi
Bus Stop
- Adams & Griffith0.2 mi
Bus Stop
Local Amenities
Coffee & Cafes
- Unnamed0.5 mi
POI data updated 7/19/2026
Los Angeles Market Snapshot
2,914
Active Listings
$775K
Median Price
63
Avg Days on Market
Last updated: Apr 22, 2026
Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.
$5,450,000