NOT LISTED FOR SALE

Estimated Value: $2,172,000 - $2,807,026

20 Beds
16 Baths
7,808 Sq Ft
$318/Sq Ft Est. Value

Last Sold November 14, 2024

Last sale price $2,185,000 $280 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $15,779/month

57 Days on Market

About This Home

As of November 2024

***$300,000 PRICE REDUCTION***We are pleased to present 130 E. 29th Street, 4-townhome style units (two-duplexes) constructed in 2020, located just south of Downtown Los Angeles. Each unit is a large three-story, four-bedroom/four-bathroom townhome with an average size of 1,635 sf. Units feature balconies, central heat and air-conditioning, recessed lighting, luxury laminate flooring and kitchens with white shaker cabinets, modern subway tiles and modern appliance packages. The units are excellent for large families or co-living tenants as they are spread over three floors and feature massive kitchen/living areas with open floor plans, en-suite bathrooms for three of the four bedrooms, private garages and laundry rooms. The two buildings on the property consist of a total of 7,808 square feet and sits on a 6,250 square foot lot that is LARD1.5 zoned and in an opportunity zone. 130 E. 29th Street has a Walk Score of 78 (very walkable) and a Bike Score of 90 (biker's paradise). The property is approximately 1-mile from Downtown Los Angeles allowing easy access to grocery stores, entertainment, retail and some of the most popular restaurants and nightlife options in the city. The property is also just under 1-mile from the University of Southern California (USC) offering a viable housing option for its students and employees. The property is conveniently located near the 110 and 10 freeways and just a 0.8 mile walk to the Jefferson/USC Metro E Station providing easy westbound access to Culver City, West LA and Santa Monica and northbound access to Downtown LA and beyond.

Last Agent to Sell the Property

Matthew Ziegler

Marcus & Millichap License #01280909 Listed on: 08/21/2024

Co-Listed By

Tyler Leeson

Marcus & Millichap RE Invest License #01451551

Last Buyer's Agent

Brian Jung

BJ Realty License #01946975

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2020

Lot Details

  • 6,252 Sq Ft Lot
  • Lot Dimensions are 50x125

Parking

  • 4 Car Attached Garage

Interior Spaces

  • 16 Bathrooms
  • 7,808 Sq Ft Home
  • 3-Story Property

Utilities

  • Central Heating and Cooling System

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5128-004-006

Property Details

Home Type

Multi-Family

Year Built

Built in 2020

Lot Details

6,252 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Levels: Three Or More
  • Street Number Display: Yes
  • Living Area: 7808
  • Lot Acreage: 0.1435
  • Lot Dimensions: 50x125
  • Stories: 3
  • Year Built: 2020
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 16.00
  • Price Per S Q F T: 281.76

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Garage Is Attached
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Percent: 76.42
  • Assessed Improvement Value: 1702908
  • Assessed Land Percent: 23.58
  • Assessed Land Value: 525588
  • Total Assessed Value: 2228496
  • Assessor Parcel Number: 5128-004-006
  • Lot Size Area: 6252

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 12.22
  • Number Of Units: 4
  • Type Of Units: Apartments

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2024
Closed on
Nov 8, 2024
Sold by
E 29Th St Oz Spe Llc
Bought by
Cho Family Trust and Cho
Seller's Agent
Matthew Ziegler
Marcus & Millichap
Buyer's Agent
Brian Jung
BJ Realty
List Price
$2,500,000
Sold Price
$2,185,000
Premium/Discount to List
-$315,000
-12.6%
Views
18
Current Estimated Value
$2,480,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,007
Avg. Annual Appreciation
9.76%
Original Mortgage
$1,638,750
Outstanding Balance
$1,622,436
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$857,571

Purchase Details

Closed on
Feb 24, 2023
Sold by
E 29Th St Oz Spe Llc
Bought by
E 29Th St Oz Spe Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2020
Sold by
Obsidian Development Llc
Bought by
E 29Th St Oz Spe Llc

Purchase Details

Listed on
Dec 12, 2018
Closed on
Jan 4, 2019
Sold by
Lopez Nicolas Camacho
Bought by
Obsidian Development Llc
Seller's Agent
Alfredo Martinez
Big Block Powerhouse Realty
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$465
Sold Price
$540,000
Premium/Discount to List
$539,535
116029.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.76%
Original Mortgage
$432,000
Interest Rate
4.3%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 14, 2002
Sold by
Camacho Nicolas and Camacho Ramona
Bought by
Lopez Nicolas Camacho
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cho Family Trust $2,185,000 Old Republic Title Company
Cho Family Trust $2,185,000 Old Republic Title Company
E 29Th St Oz Spe Llc -- Chicago Title
E 29Th St Oz Spe Llc $2,120,000 Provident Title Company
Obsidian Development Llc $540,000 Lawyers Title Company
Lopez Nicolas Camacho -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cho Family Trust $1,638,750
Closed Cho Family Trust $1,638,750
Previous Owner E 29Th St Oz Spe Llc $1,500,000
Previous Owner Obsidian Development Llc $432,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/14/2024 11/14/24 Sold $2,185,000 -0.7% $280 / Sq Ft
10/17/2024 10/17/24 Pending -- -- --
10/02/2024 10/02/24 Price Changed $2,200,000 -12.0% $282 / Sq Ft
08/21/2024 08/21/24 For Sale $2,500,000 0.0% $320 / Sq Ft
03/15/2021 03/15/21 Rented $3,300 0.0% --
01/26/2021 01/26/21 Price Changed $3,300 -1.5% $2 / Sq Ft
12/12/2020 12/12/20 Price Changed $3,349 -4.0% $2 / Sq Ft
11/23/2020 11/23/20 Price Changed $3,489 -0.3% $2 / Sq Ft
10/27/2020 10/27/20 Price Changed $3,499 -1.4% $2 / Sq Ft
10/01/2020 10/01/20 Price Changed $3,550 0.0% $2 / Sq Ft
10/01/2020 10/01/20 For Rent $3,550 -1.4% --
09/26/2020 09/26/20 Under Contract -- -- --
09/04/2020 09/04/20 Price Changed $3,600 -1.2% $2 / Sq Ft
08/30/2020 08/30/20 Price Changed $3,645 -1.4% $2 / Sq Ft
06/20/2020 06/20/20 For Rent $3,695 0.0% --
02/02/2019 02/02/19 Sold $540,000 +14.9% $371 / Sq Ft View Prior Sale
12/15/2018 12/15/18 Price Changed $470,000 +100975.3% $323 / Sq Ft
12/12/2018 12/12/18 For Sale $465 -- $0 / Sq Ft
12/12/2018 12/12/18 Pending -- -- --
Source: The MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $30,322 $2,185,000 $550,000 $1,635,000
2024 $30,322 $2,460,240 $550,800 $1,909,440
2023 $27,536 $2,228,496 $525,588 $1,702,908
2022 $26,259 $2,184,801 $515,283 $1,669,518
2021 $25,908 $2,141,963 $505,180 $1,636,783
2020 $6,926 $550,800 $357,000 $193,800
2019 $596 $23,901 $16,237 $7,664
2018 $503 $23,433 $15,919 $7,514
2016 $466 $22,524 $15,301 $7,223
2015 $462 $22,187 $15,072 $7,115
2014 $474 $21,753 $14,777 $6,976
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-430801

The MLS

APN: 5128-004-006

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