Los Angeles, CA 90007,1150 W 29th Street
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Los Angeles, CA 90007,1150 W 29th Street
Los Angeles, CA 90007,1150 W 29th Street
Los Angeles, CA 90007,1150 W 29th Street
Los Angeles, CA 90007,1150 W 29th Street
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1150 W 29th Street Los Angeles, CA 90007

6,422 SqFt


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Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 6,422 sqft

Price per Sqft $677

MLS Listing ID CL25504093

HOA Y/N No

Year Built 1962

Lot Size 6,840 Sqft

Acres 0.16

Property Sub-Type Other

Property Description

*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 occupi

Location

State CA

County Los Angeles

Zoning LAR3

Interior

Heating None

Cooling None

Fireplace No

Building

New Construction No

Others

Tax ID 5055029018


Bridge MLS
Listed by Michael R. Fukushima • Keller Williams Los Angeles
agent

Devin Ratoosh

Broker Associate | License ID: r01820096

+1(510) 919-5499

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1150 W 29th Street