1150 W 29th St

Los Angeles, CA 90007

*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!

Sales Price $4,350,000

Beds

16

Baths

16

Home Size

6422 Sq. Ft.

Lot Size

6840 Sq. Ft.

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*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.

This home located at 1150 W 29th St is currently active and has been available on pardeeproperties.com for 165 days. This property is listed at $4,350,000. It has 16 beds and 16 bathrooms. The property was built in 1962. 1150 W 29th St is in the Mid Los Angeles community of County.

Quick Facts

  • 165 days on market
  • Built in 1962
  • Total parking spaces 10Car
  • Covered Parking
  • Community | Mid Los Angeles
  • MLS# | 25504093

Features

  • None Cooling
  • None Heat
Connect with an agent
Emma Russell
(18)

Emma Russell

Partner | DRE #02007330

Listed By Michael R. Fukushima · Keller Williams Los Angeles

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