1150 W 29th St

Los Angeles, CA 90007
  • $4,350,000

    Price
  • 1

    Bed
  • 2

    Bath
  • 6,422

    SqFt

About the Listing CLW-X81596 - CLW-X88678,CLW-X62757

*The Pointe is part of the 5-building CDI Management Student Housing Portfolio at USC or may be sold separately.* Property Fully Leased for the 2025-2026 Academic School Year! Introducing The Pointe, a fantastic investment opportunity located at 1150 W 29th St., offering prime student housing in the heart of North University Park, just a short walk from the University of Southern California (USC) campus. This 6,422 sq. ft. building sits on a 6,840 sq. ft. lot and features 16 units, including 15 studio apartments and one 1-bedroom unit, all fully occupied by USC students. Renovated in 2005 and meticulously cared for since, The Pointe offers a well-maintained, turnkey property with an on-site laundry facility and a total of 10 parking spaces, including 4 tandem tuck-under parking spaces in the front and 6 tuck-under spaces in the rear.The property's prime location provides easy access to USC campus and USC Village, making it a highly desirable residence for students. With its close proximity to the USC campus, The Pointe enjoys a high demand for leasing, ensuring minimal vacancy and steady rental income. The building is owned and operated by CDI Management and is fully occupied by USC students. This is an exceptional opportunity for investors seeking a low-maintenance, fully occupied property in one of Los Angeles' most dynamic neighborhoods. Don't miss your chance to invest in this prime piece of student housing real estate with excellent potential for continued growth.

Listing Highlights for 1150 W 29th St

Status Active
Days on Site 187
Property Type Multi-Family
MLS ® 25504093
Year Built 1962
Total Square Footage 6,422
Lot/Acreage 0.16

Interior Details

  • Bedrooms: 1
  • Bathrooms: 2 Full
  • Appliances: Oven
  • Air Cond:
  • Heating:
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Lot Description: No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 10
  • Zoning: LAR3
  • Roof:
  • Others: 2+ Total Units
  • Sewer:
  • Parking Features: Covered

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 5055029018
  • Tax Year: N/A

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1150 W 29th St Los Angeles, CA 90007

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Originating MLS: CA_CRISNET

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