$1,150,000
1519 W 29th, Los Angeles CA 90007
Multi-Family (Fourplex)
Property type
74 days
On market
$451
Price per sqft
4 cars
Garage
1927
Year built
5,626 sqft
Lot size
Open Houses
Overview
Charming Los Angeles Quadruplex – Prime Investment Opportunity This lovely quadruplex is ideally located in the heart of Los Angeles, offering both convenience and strong rental potential. Providing an excellent opportunity for an owner-occupant, while the remaining three units generate steady rental income. One of the studio units is occupied by a student from...
Listing provided by: Al Laghab DRE #01721959, OASIS INTERNATIONAL REALTY
Listing updated: Jun 8, 2026 at 07:08am.
Last checked: Jun 13, 2026 at 09:30am
Source: CRMLS #CV26071486
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | 1 | $0 | — | $2,800 | Unfurnished |
| 1 | 2 | 2 | 1 | $927 | $927 | $2,800 | Unfurnished |
| 1 | 0 | 1 | 1 | $536 | $536 | $1,500 | Unfurnished |
| 1 | 0 | 1 | 1 | $1,690 | $1,690 | $1,690 | — |
# of Buildings: 2
# of Units Total: 4
Separate Electric Meters: 4
Separate Gas Meters: 4
Separate Water Meters: 0
Rent Control: Yes
Tenant Pays: Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
10.9x
List Price / Annual Gross Rent
Cap Rate
4.56%
NOI / List Price
Gross Scheduled Income: $105,734
Operating Expense: $9,000
Net Operating Income: $52,425
Annual Operating Expenses
Electric: $0
Fuel: $0
Insurance: $3,000
Trash: $0
Water / Sewer: $6,000
Interior
Laundry: Outside
Entry Location: 1
Exterior
Property Attached: Yes
Stories Total: 1
Common Walls: One Common Wall
Lot Features: Front Yard
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 4
Parking Total: 4
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 5054034021
Additional Parcels: No
Tax Lot: 32
Community
Senior Community: No
Community Features: Sidewalks