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212 E 29th St | Los Angeles CA | 7278445017

Elizabeth Maddox

This listing was posted on RealtyWW.

$2,995,000

Home For Sale In Los Angeles, California

Price:
$2,995,000
BR/BA:
10+ BR, 10+ BA
Location:
212 E 29th St, Los Angeles, CA
Description:

212 E 29th St is an OPPORTUNITY ZONE 3-story, townhome-style new construction 5-unit (4 + 1 ADU) located minutes from Exposition Park and moments from the USC campus! With an ideal location that attracts both master lease and individual renters (USC students especially!), we project an outstanding 6.23% cap rate once stabilized! This upscale property is made up of ALL expansive 4-bedroom units! With tons of balconies, ideal parking (9 spaces, 7 in garages and 2 exterior spaces), luxury finishes, and large floorplans, these units will be the #1 choice for high paying USC students, recent graduates, master lease companies, and more! Every box is checked! 212 E 29th St is situated just minutes from Exposition Park, a 160-acre urban park that houses the California Science Center, the BMO Stadium, the Los Angeles Memorial Coliseum, EXPO Center, the California African American Museum, the Natural History Museum, the Rose Garden and the Dr. Theodore T. Alexander Jr. Science Center Charter School. Plus its minutes from the countless local hotspots and conveniences in the area, including the USC Village, DTLA Arts District, and major employment hubs. Thanks to the excellent location, this will be an extremely easy to manage, high cash flow property. Enjoy no rent control, OZ benefits, separate meters for all utilities and a 1-year builders warranty! In addition to being a magnet for standard renters, we are already seeing incredible response from master leasing companies who want to rent the whole building at a premium.For more details: https://realtyww.info/homes_los-angeles-d523223/for-sale_i72108447
Property Type:
Single-Family Houses
Posted:
May 22 on RealtyWW
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More About this Listing: Home For Sale In Los Angeles, California
Home For Sale In Los Angeles, California is a 10+ BR 10 Bathroom, 10+ BA, 21 Bathroom Single-Family Homes for Sale at 212 E 29th St in Los Angeles CA. Find other listings like Home For Sale In Los Angeles, California and listings near 212 E 29th St by searching Oodle Classifieds for 10+ BR 10 Bathroom, 10+ BA, 21 Bathroom Single-Family Homes for Sale in Los Angeles CA.