$1,200,000

1029 Lord Street, Los Angeles, CA 90033

  • 7 beds |
  • 5 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon3,110sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 days ago

Property Description

1029 Lord Street is a 2024-built single-family residence + attached ADU offering strong in-place income, modern construction, and exceptional flexibility just east of Downtown Los Angeles. The property features a 4-bedroom / 3-bath main residence and 3-bedroom / 2-bath ADU, totaling approximately 2,539 square feet. The main residence currently operates as a successful short-term rental, historically generating approximately $5,500$6,500 per month with less than 9% vacancy and is fully booked for the next three months, while the ADU is currently leased for $2,780 per month. Offering multiple ownership strategies, a buyer can continue the existing short-term rental operation, transition the main residence to a traditional long-term rental, or potentially take delivery vacant for owner occupancy while retaining income from the ADU. This versatility creates an attractive opportunity for investors seeking immediate cash flow as well as owner-users looking to offset their housing costs with rental income. The property is thoughtfully designed with modern finishes, stainless steel appliances, central air and heat, in-unit laundry, two parking spaces, and separately metered utilities, providing the benefits and ease of newer construction. Ideally situated in L.A.s Central Eastside, 1029 Lord offers convenient access to the DTLA Arts District, Downtown Los Angeles, Echo Park, Silver Lake and surrounding employment and entertainment hubs. With established income, newer construction, and multiple potential rental strategies, 1029 Lord offers a rare level of flexibility for its next ow

Listing Status:
Active
Date Added:
October 5, 2026
Data Last Updated:
October 8, 2026 at 8:12PM
Listing Office:
Myunits.com Inc. : 844-698-6487
Listing Agent:
Cheyenne Womack : 805-973-7470
MLS ID:
BB26216405
  • A/C: Central Forced Air
  • Pool: N/K
  • General: 2 Story
  • Originating MLS: California Regional MLS
  • County: Los Angeles
  • Zoning: Assessor5201018008
  • Source: California Regional MLS

This listing courtesy of Cheyenne Womack , Myunits.com Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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