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Sold for $917,000 · Apr 2021

SOLD

Listed at $920,000

Sold

1560 W 29th Street, Los Angeles, CA 90007

Los Angeles, CA

MLS# PW21085812

1,800 Sq Ft • Single Family Home6bd • 3ba
4 days on market

Listing Agent

Daniel Lewin

Listing Agent

Dan Lewin, Broker

DRE #: 01932742

Brokerage: Dan Lewin, Broker

Property Details

6

Bedrooms

3

Bathrooms

1,800 sqft

Square Feet

1910

Year Built

4,400 sqft

Lot Size

$509

Price/Sq Ft

0

Garage Spaces

N/A

HOA

Single Family Home

Property Type

Description

We are pleased to present 1560 West 29th Street - a renovated 6 Bed/3 Bath House located 0.6 Miles from the world-famous University of Southern California and 2.5 Miles from Downtown LA. The property is fully occupied by USC students who have confirmed their intention to continue living there despite USC temporarily switching to remote learning. The tenants are currently paying $5,630 per month making the property attractively priced at a 5.15% CAP and a 13.5 GRM at list price. The property would likely qualify for attractive residential financing as well. There is also the potential to add significant value to the property thanks to the recent passage of the ADU Law (AB-68) which allow both a junior ADU studio and a full sized 4 Bed ADU to be built on the property in the rear. Completion of the ADU project would generate an expected $500,000 in profit above costs (estimated, buyer to verify and do own due diligence).

Listing description from the April 2021 sale, as reported to CRMLS.

Facts & Features

Details

Stories
1
Cooling
None

Sale history for 1560 W 29th Street

3 recorded sales

$917,000
Sold April 2021 · listed $920,000, on market April 2021, 4 days on market · MLS #PW21085812 · Source: CRMLS
Listing Agent: Daniel Lewin · Listing Office: Dan Lewin, Broker · Contact: 424-224-9344 · Bought with: Men Ung · Grandmark Realty Inc.
$875,000
Sold January 2020 · listed $799,000, on market December 2019, 9 days on market · MLS #SB19268330 · Source: CRMLS
Listing Agent: Gary Kooba · Listing Office: BerkshireHathaway HomeServices · Contact: 310-318-9386 · Bought with: Daniel Lewin · Marcus & Millichap
$200,000
Sold May 2012 · listed $229,000, orig. $259,000, on market April 2012, 16 days on market · MLS #12595531 · Source: CRMLS
Listing Agent: Minnie Versher · Listing Office: Minnie Versher · Contact: 323-299-2884 · Bought with: Michael Toledo · Atlantic & Pacific Real Estat

How this sale compares

1560 W 29th Street sold for $917,000 in April 2021, 0.3% under its $920,000 list price, after 4 days on the market. That works out to $509 per square foot on 1,800 square feet. Across 29 closed sales in 90007 over the last 12 months, the median sold price is $975,000 and the median is $368 per square foot, 28% below this sale's $509.

$509
This sale, per sq ft
$368
90007 median per sq ft (12 mo)
$975,000
90007 median sold price (12 mo)
29
Closed sales in 90007 (12 mo)
4
Days on market
−0.3%
Sold vs. list price
QuarterClosed sales in 90007Median sold price
Q2 202611$1,010,778
Q3 202613$888,000
Q4 20265$987,500

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Los Angeles · Homes for sale in 90007

Recent sales near 1560 W 29th Street

Closed sales reported in 90007, nearest first, last 12 months. All recent sales in Los Angeles →

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CRMLS

MLS# PW21085812

Listed: 4/22/2021

© 2026 California Regional Multiple Listing Service, Inc. Based on information from the California Regional Multiple Listing Service, Inc. as of 4/29/2021. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.

IDX information is provided exclusively for consumers' personal, non-commercial use. Information is deemed reliable but not guaranteed. Buyer should independently verify all information.

Listed by: Dan Lewin, Broker

Equal Housing Opportunity

Advertising Broker: Nalren Corp (CA DRE #02423715)

Licensed in the state of California

Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.