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1167 W 29th St, 
Los Angeles, CA 90007

$1,100,000


2

Beds


1

Bath


1,260

Sq Ft


Multi-Family

Sold

Listed by

Victoria Aguilar

Nelson Shelton & Associates

310-271-2229

MLS#

25566687

Source:

CA CLAW

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About This Home

1167 W 29th St

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.

Home Facts

Multi-Family

1 Bath

2 Bedrooms

Built in 1915

Price Summary

1,625,000

$1,289 per Sq. Ft.

MLS #:

25566687

Sold:

September 23, 2025


Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

1

Interior

Living Area:

1,260 Sq. Ft.


Structure

Structure

Year Built:

1915


Lot

Lot Size (Sq. Ft):

8,708


Finances & Disclosures

Finances

Price:

$1,625,000

Price per Sq. Ft:

$1,289 per Sq. Ft.

Source:CA CLAW
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