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$925,000
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Property Description
INVESTMENT OPPORTUNITY! Exceptional LCR2 ZONED Duplex located in a high-demand East Los Angeles corridor near DTLA. This substantial 2,382 square foot income property sits on an oversized 6,775 square foot lot, maximizing land value. IMMEDIATE CASH FLOW is secured by the rear 4BR/2BA unit which is currently tenant-occupied. SIGNIFICANT VALUE-ADD POTENTIAL exists with the front 3BR/2BA unit, which is VACANT and rent-ready for immediate lease-up at market rates. This is a rare chance to acquire significant square footage and land in a rapidly appreciating market. Showings are strictly by appointment only. DO NOT DISTURB OCCUPANTS. Property sold AS-IS.
Full Property Details
Full Property Details for 127 129 S Townsend
General
- Sold For: $925,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: DW25254780
- Added to Site: 127 day(s) ago
Interior
- Fireplace(s): None
Rooms
Other Rooms
- Laundry: Gas & Electric Dryer Hookup
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Garage Spaces: 2
- Parking Features: Garage, Driveway
- Parking: Garage, Driveway
Location
- Area: BOYH - Boyle Heights
- County: Los Angeles
- Development Name: BOYH - Boyle Heights
- Driving Directions: 60 w, to Downey Rd, R on 3rd St, R on S Rowan, L on
Heating & Cooling
- Cooling Type: None
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 2
- # Electric Meters: 2
Structural Information
- Entry Location: 1
- Stories/Levels: One
- Stories Description: One
- Square Feet: 2,382
- Year Built: 1940
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 3
Unit 2
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 4
Lot Features
- Property View: None
- Lot Size (Acres): 0.1556
- Lot Size Source: Assessor
- Zoning: LCR2
- Lot Description: Paved, Near Public Transit, 2-5 Units/Acre, Walking Street, Yard
Financial Considerations
- Price Per Sq. Ft.: $388.33
- Price Per Unit: 475000
Listed and Sold by Good Opportunity Company Inc., Alberto A Romero Meza
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Schools
Schools serving 127 129 S Townsend
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Belvedere Elementary School, Los Angeles, CA 3724 1st Street, Los Angeles, CA 90063 | K-5 | 0.1 mi |
Belvedere Middle School 312 North Record Avenue, Los Angeles, CA 90063 | 6-8 | 0.5 mi |
Hilda L. Solis Learning Academy School Of Technology, Business And Education 319 North Humphreys Avenue, Los Angeles, CA 90022 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 127 129 S Townsend
Date
Details
Price
Change
Source
2/27/2026
Sold
$925,000
-2.63%
MLS
1/12/2026
Price Increased
$950,000
4.4%
MLS
11/05/2025
Listed
$910,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
127 129 S Townsend, Los Angeles, CA 90063 (MLS# DW25254780) is a Multi-Family property that was sold at $925,000 on February 27, 2026. Want to learn more about 127 129 S Townsend? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.

