#AR24099585, Thomas Chou, Listing Office: ALTC Realty
#SB24246712·
Listing Office: Vista Sotheby’s International Realty·
Listing Agent: John Corrales·
Listing Office Phone: 310-346-3332
$2,000,000 List price
1167 W 29th St Los Angeles, CA 90007
0.2 acres
Land
Property details
About 1167 W 29th St
Bring the bulldozer. Prime development opportunity near the University of Southern California (USC)! This 60 ft x 145 ft lot is perfectly positioned in a high-demand area ideal for student housing. Zoned for multi-family development, the property offers the potential to build 16 two-bedroom, two-bath units, catering directly to USC’s thriving student population. Located in a prestigious neighborhood, this property provides an unmatched investment opportunity, with USC consistently ranked among the top institutions in the world, including #1 in Film and highly ranked in Business and Real Estate. The area is a hub of innovation, culture, and connectivity, making it an attractive destination for students worldwide. With limited new developments serving USC students, this project offers a chance to create housing that enhances the student experience while generating strong rental income. Don’t miss this chance to build in one of Los Angeles’ most dynamic and prestigious locations. Key Features: Lot size: 60 ft x 145 ft, Zoned for multi-family development, Potential for 16 two-bedroom, two-bath units, Walking distance to USC campus, High rental demand in the area. This is a rare opportunity to invest in a property that combines tradition, innovation, and strong ROI potential.
Highlights
Home typeOther
StatusActive
Lot size0.1999 Acres
MLS #SB24246712
Summary
- MLS Number: SB24246712
- MLS Name: CRMLS
- Office Name: Vista Sotheby’s International Realty
- Office Phone: (310) 346-3332
- Listing Agent: John Corrales
Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/4/2025, 10:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,000,000
1167 W 29th St
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $125,657 | $1,786 |
| 2023 | $123,194 | $1,759 |
| 2022 | $120,779 | $1,691 |
| 2021 | $118,412 | $1,662 |
| 2020 | $117,199 | $1,618 |
| 2019 | $114,902 | $1,505 |
| 2018 | $112,650 | $1,475 |
| 2017 | $110,442 | $1,475 |
History based on county public records data.
Nearby schools
6
Vermont Avenue Elementary
Public District KG-5
0.4 mi
•1435 W 27th St
3
John W. Mack Elementary
Public District KG-5
0.5 mi
•3020 S Catalina St
5
Norwood Street Elementary School
Public District KG-5
0.6 mi
•2020 Oak St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $17,835. The most common annual income of people living in Los Angeles, CA is less than $<35k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
69%
<35k
25%
35k-100k
5%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
87%
Single, No Kids
3%
Single, with Kids
5%
Married, No Kids
5%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
4%
<11 yrs old
2%
12-17 yrs old
82%
18-34 yrs old
10%
35-64 yrs old
2%
65+ yrs old
What do the neighbors do for fun?
Music Concerts
Major League Soccer (MLS)
Art Museums
Where do the neighbors shop?
H&M
Banana Republic
Bloomingdales
Where do the neighbors go to eat?
Chipotle
Jack In The Box
Starbucks
What do the neighbors drive?
Volkswagen
Toyota
Audi
What do the neighbors listen to?
Rhythmic Contemporary Hits
Jazz
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1167 W 29th St
This home is located at 1167 W 29th St in Los Angeles, CA and zip code 90007 in the University Park neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since December 11, 2024 and is currently priced at $2,000,000.
While more than 212 listings in Los Angeles, CA in February 2025 were sold above asking price, there were more than 105 listings sold at asking price, and more than 280 were sold below. The inventory of homes for sale in Los Angeles, CA between January and February 2025 increased by 10.8%. In February 2025, listings were on the market for 44 days. During the same period, the median list price in this real estate market was $989,396.
From Rocket Homes Real Estate and based on county public records data.