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$6,500,000

Beds
20
sq ft
8,966

1102 W 29th St, Los Angeles, CA 90007

1102 W 29th St

Los Angeles, CA 90007

  • 28 days on market
*The Tower is part of the 5-building CDI Management Student Housing Portfolio at USC or may be sold separately.* Introducing The Tower, an exceptional investment opportunity located at 1102 W 29th St. in the highly sought-after North University Park neighborhood. This 8,966 sq. ft. building sits on a 7,495 sq. ft. lot and offers 12 well-maintained units, including two 3-bedroom apartments, four 2-bedroom units, and six 1-bedroom units. Renovated in 2005 and meticulously cared for, The Tower provides modern living spaces with desirable amenities, including an on-site laundry facility and 8 parking spaces. The property's prime location, just a short walk to the University of Southern California (USC) campus, USC Village, and retail amenities along Figueroa St., makes it an attractive choice for USC students seeking convenience and comfort.With excellent visibility along Hoover St., The Tower benefits from high exposure as it's directly in the path of those entering the main USC campus. This property offers a unique opportunity to own a well-positioned, income-generating asset in one of Los Angeles' most dynamic and growing neighborhoods. The building is owned and operated by CDI Management and is fully occupied by USC students. Whether you are an experienced investor or new to student housing, The Tower promises excellent potential with its proximity to USC and its continued demand for quality student accommodations. Don't miss this chance to secure a prime investment in a thriving location!

Details

Property type

Lot size

7,495 sq ft

Price per sq ft

$725

Year built

1958

HOA

No

Price History

02/27/2025
CLAW

CLAW #25504265

Listed
$6,500,000

Schools & Community

Neighborhood: 

University Park

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Status: Active

Tomo last checked: 03/31/2025 at 6:45 PM

Listing updated: 03/07/2025 at 5:35 AM

Listed by: Michael R. Fukushima, Keller Williams Realty Downey Phone #: (562) 334-1500

MLS: CLAW #25504265

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