1009 E 29th Street, Los Angeles, CA 90011

Apartment · For sale · $4,940,000 · MLS# SB26084832

Apartment for sale in Southern California — $4,940,000. 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. *…

1009 E 29th Street
For sale

$4,940,000

1009 E 29th Street, Los Angeles, CA 90011

ApartmentProperty type
2026Year built
7,742 sqft lotLot size
HOA

Facts & features

Interior

Appliances

  • Laundry: Common Area

Property

Lot

  • Lot size: 7,742 sqft

Features

  • Pool features: None

Construction

Type & style

  • Home type: Apartment
  • Property subtype: Apartment

Condition

  • Year built: 2026

Community & HOA

Community

  • Has HOA: No

Financial & listing details

  • Days on market: 87 days
  • Status: Active
  • MLS#: SB26084832

Location

  • City: Los Angeles
  • ZIP: 90011

About this home

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.

Listing updated: May 13, 2026 at 9:51 AM

Listed by: Olga Wright, Lyon Stahl Investment Real Estate, Inc.

Source: CRMLS, MLS#: SB26084832, Originating MLS: California Regional MLS

Location

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Los Angeles

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Facts & features

Interior

Appliances

  • Laundry: Common Area

Property

Lot

  • Lot size: 7,742 sqft

Features

  • Pool features: None

Construction

Type & style

  • Home type: Apartment
  • Property subtype: Apartment

Condition

  • Year built: 2026

Community & HOA

Community

  • Has HOA: No

Financial & listing details

  • Days on market: 87 days
  • Status: Active
  • MLS#: SB26084832

Location

  • City: Los Angeles
  • ZIP: 90011

Price history

DateEventPrice
5/13/2026Source: CRMLS, #SB26084832Price change$4,940,000-9.4%
4/22/2026Source: CRMLS, #SB26084832Listed for sale$5,450,000
California Regional Multiple Listing Service (CRMLS)

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-13 09:51:41 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information