1150 W 29th Street
Los Angeles, CA 90007
- – beds
- – baths
- – sqft
- 6,840 sqft lot
- 1962 build
- – on site
*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.
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Last updated Mar 7, 2025
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MLS# 25504093 —
The Building
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Year Built:1962
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New Construction:No
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Building Area Total:6422.00
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Total Number Of Units:16
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# of Buildings:1
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Stories Total:2
Interior
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Levels:Multi/Split, Two
Location
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Directions:From Downtown, start on Harbor Freeway, then take the exit onto I-10 and keep right toward I-10 West. Keep right toward Hoover St, and turn right onto W 20th St. Turn right onto S Hoover St, then turn right onto W 29th St.
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Latitude:34.02811400
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Longitude:-118.28534400
The Property
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Property Type:Residential Income
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Zoning:LAR3
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Lot Size Area:6840.0000
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Lot Size Acres:0.1570
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Lot Size SqFt:6840.00
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Lot Size Source:Assessor
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5055029018
Heating & Cooling
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Heating:None
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Cooling:No
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Cooling:None
Appliances
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Appliances:Oven
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Covered
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Parking Spaces:10.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
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3/3/25
Mar 3, 2025
|
Listed / Active | CRMLS_CA | $5,000,000 |