$5,000,000
- Beds
- 16
- sq ft
- 6,422
1150 W 29th St, Los Angeles, CA 90007
1150 W 29th St
Los Angeles, CA 90007
- 28 days on market
*The Pointe is part of the 5-building CDI Management Student Housing Portfolio at USC or may be sold separately.* 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.
Details
Property type
Lot size
6,840 sq ft
Price per sq ft
$779
Year built
1962
HOA
No
Price History
02/27/2025

CLAW #25504093
Listed
$5,000,000
Schools & Community
Neighborhood:
University Park
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Status: Active
Tomo last checked: 03/31/2025 at 7:25 AM
Listing updated: 03/07/2025 at 5:35 AM
Listed by: Michael R. Fukushima, Keller Williams Realty Downey Phone #: (562) 334-1500
MLS: CLAW #25504093

Recently listed in Los Angeles
$1,999,990|3 bd|3.0 ba|House
$1,675,000|3 bd|2.75 ba|House
$1,049,000|4 bd|3.5 ba|Condo
$799,000|1 bd|1.0 ba|Condo
$649,000|1 bd|2.0 ba|Condo
$7,889,000|5 bd|6.0 ba|House
$1,995,000|2 bd|2.0 ba|Condo
$989,000|2 bd|2.0 ba|House
$7,995,000|5 bd|5.5 ba|House
$749,000|1 bd|1.75 ba|Condo
Explore top cities in California