1102 West 29th Street Los Angeles, CA $ 5,250,000
1102 West 29th Street
$ 5,250,000
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1102 West 29th Street

Los Angeles, CA, 90007
$ 5,250,000
Baths0.0 Sq 8,966

Monthly Estimate*

$ 32,325

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $5,250,000. This 8,966 square foot home was built in 1958 on a lot size of 0.17.

*The Tower is part of the 5-building CDI Management Student Housing Portfolio at USC or may be sold separately.* Introducing The Tower, an exceptional investment opportunity located at 1102 W 29th St. in the highly sought-after North University Park neighborhood. This 8,966 sq. ft. building sits on a 7,495 sq. ft. lot and offers 12 well-maintained units, including two 3-bedroom apartments, four 2-bedroom units, and six 1-bedroom units. Renovated in 2005 and meticulously cared for, The Tower provides modern living spaces with desirable amenities, including an on-site laundry facility and 8 parking spaces. The property's prime location, just a short walk to the University of Southern California (USC) campus, USC Village, and retail amenities along Figueroa St., makes it an attractive choice for USC students seeking convenience and comfort.With excellent visibility along Hoover St., The Tower benefits from high exposure as it's directly in the path of those entering the main USC campus. This property offers a unique opportunity to own a well-positioned, income-generating asset in one of Los Angeles' most dynamic and growing neighborhoods. The building is owned and operated by CDI Management and is fully occupied by USC students. Whether you are an experienced investor or new to student housing, The Tower promises excellent potential with its proximity to USC and its continued demand for quality student accommodations. Don't miss this chance to secure a prime investment in a thriving location!

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Multi-Family Active

Price

$ 5,250,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.17

Year Built

1958

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0025504265

Features
General
Living Area 8966.0
Sewer None
Zoning LAR3
Pool Features None
Year Built 1958
Tenant Pays Electricity Gas
Levels Two
County Los Angeles
Net Operating Income 330613.0
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 7495.0
Standard Status Active
Year Built Source Assessor
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Exterior
Lot Size Area 7495.0
Foundation Details None
Pool Y/N? Yes
Building Area Total 8966.0
Lot Size Acres 0.17
Land Lease Type Fee
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Interior
Total Stories 2
Air Conditioning Y/N No
Heating Y/N No
Total Baths 0
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* Excluded Features
List By
Michael R. Fukushima

Listing Agent

Keller Williams Los Angeles

Broker

Affordability Calculator

$32,325
Per Month
100%
0%
0%
Monthly Principal & Interest
$32,325
Monthly Property Taxes
--
Monthly Home Insurance
--
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$5,250,000 -10.26% Price Down
5/7/2025$5,850,000 -10.00% Price Down
3/4/2025$6,500,000 Listed Price

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1102 West 29th Street, Los Angeles, CA, 90007 is a Multi-Family Home for sale at $5,250,000 with 8,966 sqft and a lot size of 0.17. 1102 West 29th Street is a studio with 0.0 baths and was built in 1958. The property's zip code is 90007 which is in Los Angeles, CA