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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.

Listed By CRMLS_CA / Michael R. Fukushima / Keller Williams Realty Downey

Last checked: Checking… • Last updated Mar 7, 2025 •

MLS# 25504093 —

The Building

Year Built:

1962
New Construction:

No
Building Area Total:

6422.00
Total Number Of Units:

16
# of Buildings:

1
Stories Total:

2

Interior

Levels:

Multi/Split, Two

Location

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.
Latitude:

34.02811400
Longitude:

-118.28534400

The Property

Property Type:

Residential Income
Zoning:

LAR3
Lot Size Area:

6840.0000
Lot Size Acres:

0.1570
Lot Size SqFt:

6840.00
Lot Size Source:

Assessor

Listing Agent

Contact info:

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5055029018

Heating & Cooling

Heating:

None
Cooling:

No
Cooling:

None

Appliances

Appliances:

Oven
Included:

Yes

The Community

Association:

No
Senior Community:

No
Assessments:

No

Parking

Parking:

Yes
Parking:

Covered
Parking Spaces:

10.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
3/3/25 Mar 3, 2025	Listed / Active	CRMLS_CA	$5,000,000

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This multifamily located in South LA, Los Angeles, CA 90007 is currently for sale for $5,000,000. 1150 W 29th Street is a – square foot multifamily with – beds and – baths that has been on Estately for 11 days. 1150 W 29th Street is in the South LA neighborhood of Los Angeles and has a WalkScore® of 92, making it a walker’s paradise. This multifamily is in the attendance area of John Adams Middle School, Manual Arts Senior High School, and Vermont Avenue Elementary School.

Listing Courtesy of: CRMLS_CA and Keller Williams Realty Downey. Based on information from California Regional Multiple Listing Service, Inc. as of 17:36 on Mar 14.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.