1150 West 29th Street Los Angeles, CA $ 4,350,000
1150 West 29th Street
$ 4,350,000
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1150 West 29th Street

Los Angeles, CA, 90007
$ 4,350,000
Baths0.0 Sq 6,422

Monthly Estimate*

$ 26,784

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $4,350,000. This 6,422 square foot home was built in 1962 on a lot size of 0.16.

*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.

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Multi-Family Active

Price

$ 4,350,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.16

Year Built

1962

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0025504093

Features
General
Living Area 6422.0
Zoning LAR3
Pool Features None
Year Built 1962
Tenant Pays Electricity
Levels Multi/Split Two
County Los Angeles
Net Operating Income 203143.0
New Construction No
Property Type C
HOA No
Status Active
City Los Angeles
Senior Community Y/N No
MLS Area C16 - Mid Los Angeles
Lot Size Units Square Feet
Lot Size Square Feet 6840.0
Standard Status Active
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Interior
Kitchen Appliances Oven
Total Stories 2
Air Conditioning Y/N No
Heating Y/N No
Total Baths 0
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Exterior
Parking Features Covered
Lot Size Area 6840.0
Foundation Details None
Pool Y/N? Yes
Building Area Total 6422.0
Lot Size Acres 0.16
Land Lease Type Fee
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* Excluded Features
List By
Michael R. Fukushima

Listing Agent

Keller Williams Los Angeles

Broker

Affordability Calculator

$26,784
Per Month
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Monthly Principal & Interest
$26,784
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/11/2025$4,350,000 -3.33% Price Down
5/7/2025$4,500,000 -10.00% Price Down
3/4/2025$5,000,000 Listed Price

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1150 West 29th Street, Los Angeles, CA, 90007 is a Multi-Family Home for sale at $4,350,000 with 6,422 sqft and a lot size of 0.16. 1150 West 29th Street is a studio with 0.0 baths and was built in 1962. The property's zip code is 90007 which is in Los Angeles, CA