LOCALLA

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Sold for $1,625,000

$1,625,000

2 beds · 1 baths · 1,260 sqft

1167 29th St Los Angeles CA 90007

Residential Income

Built 1915

N/A

$1,290/sqft

No HOA

N/A

What's Special

2 Parking SpacesNone

Exceptional development opportunity just one block from USC in one of Los Angeles' most vibrant and fast-growing neighborhoods. This oversized 8,700 sq ft lot is zoned RD1.5-1-O and offers the potential to build up to five units by-right or up to nine units with a TOC Tier 3 bonus (buyer to confirm). With no on-site parking required under TOC, generous setbacks, and a max height allowance of 45 feet, this site is ideal for sleek student housing or modern long-term rentals in a high-demand, location. Situated on a quiet residential street surrounded by newer multi-family developments, the property is just moments from USC's campus, cultural landmarks, public transit, and retail favorites like Target and Trader Joe's. Located in a Transit Priority Area (TPA) and one of the safest residential pockets near USC, it offers consistent year-round rental demand from students and graduate programs. This property falls within the North University Park HPOZ and NSO Overlay, so buyers should verify development entitlements, CUP requirements for room count, and historic preservation guidelines. With very few large vacant lots remaining near USC, this is a rare chance to create a high-yield project in one of L.A.'s most prestigious and opportunity-rich neighborhoods. Don't miss out.

Days On Market: 45

Listing updated: September 23, 2025 at 08:57 PM

Listed by: Victoria Aguilar DRE #01923203, Nelson Shelton & Associates

victoria.aguilar123@gmail.com

Source: CLAW    MLS#: 25566687

Features & Facts

Interior

  • Bedrooms: 2
  • Bathrooms: 1
  • Square Feet: 1260
  • Year Built: 1915

Contact a Buyer's Agent

Connect with Tony O'Brien — REALTOR, The Sher Group & LOCALLA

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MLS

© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW) as of 9/22/2026, 5:51:27 PM. 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. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Tony O'Brien DRE #02200838 | The Sher Group DRE #02022464

Equal Housing Opportunity