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ActiveTriplex

1522 W 29th

Los Angeles, CA, 90007

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$899,900

Original list price: $949,900

MLS: OC26124654

Beds

3

Baths

3

Sq Ft

1,664

Lot

0.09 ac

Year Built

1895

MLS #

OC26124654

Days on Market

110

Listed

Jun 8, 2026

Description

INCREDIBLE USC AREA TRIPLEX OPPORTUNITY!!! Exceptional opportunity to acquire a versatile triplex just a short 10-minute walk from USC. This well-maintained property offers tremendous flexibility for investors, developers, student housing operators, or owner-occupants looking to capitalize on one of Los Angeles' strongest rental markets. The property consists of a spacious 3-bedroom, 1.5-bath front house and a separate duplex featuring two ADU studio units situated above three garages. The ADU conversions are complete. Unique opportunity offering exceptional flexibility for owner-users and investors. Contact the listing agent for occupancy details. Opportunities like this in the USC area are increasingly difficult to find and provide numerous possibilities for rental income, student housing, owner occupancy, or long-term investment strategies. Additional features include a solar system to help offset utility costs, excellent overall condition, garage space, and a prime location near USC, Downtown Los Angeles, Exposition Park, BMO Stadium, shopping, dining, public transportation, and major freeway access. Properties offering multiple units, solar, garage space, ADU potential, and close proximity to USC are becoming increasingly rare. Do not miss this exceptional investment opportunity. Buyer to verify all information, square footage, solar, permits, zoning, ADUs, and development opportunities to their own satisfaction.

Location

Los Angeles, Los Angeles County, CA 90007

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Listed by: Chayan Alavi · Tourvia

Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.

Payment estimate

$6,980

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $89,990 · Loan: $809,910

%

Average 30-yr fixed rate 7.03% as of Sep 24, 2026 (Freddie Mac PMMS). Adjust to your quote.

Principal & Interest
$5,405
Property tax (1.25%)
$937
Homeowners insurance
$300
Mortgage insurance
$337
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Sep 24, 2026

30-year fixed
7.03%
15-year fixed
6.42%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

Financing Options

FHA Financing — 3.5% Down+

First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $31,497 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

Local Market Stats

See Los Angeles, CA 90007 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

★#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.