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2074 W 29th Street, Los Angeles, California 90018, Los Angeles, 90018 - 7 bed, 3 bath

2074 W 29th Street, Los Angeles, California 90018 home-pic-0
ACTIVE$1,550,000
2074 W 29th Street, Los Angeles, California 90018
7Beds
3Baths
3,118Sqft
6,959Lot
Year Built
1908
Close
-
List price
$1.55M
Original List price
$1.55M
Price/Sqft
$497
HOA
-
Days on market
-
Sold On
-
MLS number
25614115
Home ConditionGood
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 10% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.55M(93th), sqft - 3118(93th), beds - 7(98th), baths - 3(71th).

A Monumental Opportunity: Historic Craftsman Meets Modern Investment Strategy. Imagine possessing over 3,000 square feet of prime real estate in the historic Jefferson Park HPOZ. This isn't merely a home; it is an expansive canvas ready to realize your most ambitious investment vision. Built in 1908, this Craftsman charmer blends character with massive volume offering a rare amount of flexible living space in this highly sought-after HPOZ neighborhood. The main home retains authentic touches that history buffs adore: light filtering through leaded glass windows, rich coffered ceilings, ornate moulding, and the welcoming expanse of the classic front porch. The true power of this property lies in its permitted expansion. The original home was significantly enlarged with a two-story addition, creating a massive structure currently configured with nine bedrooms and three bathrooms. Consider the possibilities for wealth generation with this much square footage: Option A: Keep the 3 bedroom home and convert the addition into a 4-bedroom, 2-bathroom ADU. Option B: Keep the 3 bedroom main home and create two separate ADUs. Option C: Create a 6-bedroom, 2-bathroom main home with a 1+1 ADU. The square footage is here. The history is present. The opportunity is immense. Let's walk this substantial footprint together and begin penciling out your future in Jefferson Park.

Nearby schools

2/10
Twenty-Fourth Street Elementary School
Public,•K-5•0.4mi
4/10
Birdielee V. Bright Elementary School
Public,•K-5•0.4mi
3/10
Sixth Avenue Elementary School
Public,•K-5•0.7mi
2/10
Tom Bradley Global Awareness Magnet School
Public,•K-5•1.1mi
3/10
Arlington Heights Elementary School
Public,•K-5•1.2mi
5/10
Virginia Road Elementary School
Public,•K-5•1.6mi
3/10
Johnnie Cochran, Jr., Middle School
Public,•6-8•1.3mi
2/10
Audubon Middle School
Public,•6-8•1.7mi
5/10
Foshay Learning Center
Public,•K-12•0.7mi
4/10
West Adams Preparatory High School
Public,•9-12•1.5mi
2/10
Susan Miller Dorsey Senior High School
Public,•9-12•2.0mi
4/10
Los Angeles Senior High School
Public,•9-12•2.3mi

Price History

Date
Event
Price
11/03/25
Listing
$1,550,000
06/07/24
Sold
$1,900,000
05/28/21
Sold
$930,000
Condition Rating
Good
The property, originally built in 1908, has undergone a significant two-story expansion and extensive recent renovations. The visible interiors, including a modern bathroom with new fixtures and tiling, updated flooring (hardwood/laminate throughout), fresh paint, and modern lighting, are in excellent condition. New HVAC units are also visible. While the kitchen is not pictured, and the property's age suggests potential underlying system updates may still be needed in some original sections, the overall visible condition is move-in ready and highly updated, aligning with a 'Good' rating for a property extensively renovated within the last 5-15 years.
Pros & Cons

Pros

Exceptional Investment & ADU Potential: The property is explicitly marketed as a 'Modern Investment Strategy' with a permitted two-story expansion, offering 'wealth generation' through multiple ADU configuration options (e.g., 4-bed/2-bath ADU, two separate ADUs, or a 6-bed main home with a 1+1 ADU).
Historic Craftsman Charm & Architectural Integrity: Built in 1908, this Craftsman home retains authentic period details such as leaded glass windows, rich coffered ceilings, ornate molding, and a classic front porch, appealing to buyers seeking character and historical value.
Substantial & Flexible Square Footage: With over 3,000 square feet (3118 sqft listed, description mentions 9 bedrooms currently configured) and a permitted two-story addition, the property offers 'massive volume' and highly flexible living space adaptable to various residential or multi-unit layouts.
Prime Jefferson Park HPOZ Location: Situated in the 'highly sought-after Jefferson Park HPOZ' (Historic Preservation Overlay Zone), which typically contributes to neighborhood stability, character preservation, and often supports long-term property value.
Access to Highly-Rated Schools: The property benefits from proximity to several highly-rated public schools, including Foshay Learning Center (K-12, rating 5) and Birdielee V. Bright Elementary (K-5, rating 4), making it attractive for families.

Cons

Significant Recent Price Reduction: The current listing price of $1.55M is notably lower than its recent sale price of $1.9M in June 2024, which may raise questions for potential buyers regarding market conditions or underlying property issues.
Requires Substantial Additional Investment & Effort: Described as an 'expansive canvas' for an 'ambitious investment vision,' implying that significant additional capital, time, and effort will be required to fully realize its income-generating or multi-unit potential beyond the purchase price.
Age-Related Maintenance & System Updates: As a 1908-built property, despite its charm, it is likely to require updates to core systems (e.g., plumbing, electrical, HVAC) and ongoing maintenance typical of historic homes, which could entail considerable costs.

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