New1009 E 29th St, Los Angeles, CA 90011
1009 E 29th St, Los Angeles, CA 90011
1009 E 29th St, Los Angeles, CA 90011
$5,450,000
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Basics
- Date added: Added 19 hours ago
- Category: New
- Year built: 2026
Description
-
Description:
19-Units | 1009 E 29th St, Los Angeles, CA 90011
"Fully ADA Compliant 19-Units Delivered 100% Vacant""Delivered 100% vacant, the property offers immediate lease-up potential without tenant relocation, construction risk, or deferred maintenance"
YEAR BUILT 2026 | 19 Units | UNIT MIX (17) 1+1, (2)2+1|
CAP RATE: 6.95% | 10.16 GRMOffering Highlights:
- CAP RATE: 6.95% | 10.16 GRM
- Brand new construction (2026 delivery) with no deferred maintenance or capital expenditure needs.
- Certificate of Occupancy imminent, allowing for immediate occupancy and lease-up.
- 100% vacant with no tenant relocation requirements or regulatory hurdles.
- Fully ADA compliant, ideal for supportive housing and special needs populations
- Turnkey asset ready for immediate program deployment and resident placement.
- Well-suited for Project-Based Vouchers (PBV), Section 8, and other housing programs.
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