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

Los Angeles, CA, 90007
$ 4,350,000
Bedrooms16 Baths1.0 Sq 6,422

Monthly Estimate*

$ 27,138

Listed by Keller Williams Los Angeles
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Multi-Family Home for sale in Los Angeles, CA

for $4,350,000 with 16 bedrooms and 1 full bath. This 6,422 square foot home was built in 1962 on a lot size of 0.157.

*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

16

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.157

Year Built

1962

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

25504093

Days on Market

305

Features
General
Living Area 6422
Heating None
Cooling None
Appliances Oven
Zoning LAR3
Year Built 1962
Tenant Pays Electricity
Stories Count 2
Levels Two Multi/Split
Gross Income 374280
County Los Angeles
Net Operating Income 203143
New Construction false
Property Type Residential Income
HOA false
Full Baths 0
Special Listing Conditions Standard
Status Active
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.
City Los Angeles
Senior Community Y/N false
Number Of Units Total 16
MLS Area C16 - Mid Los Angeles
Lot Size Units Square Feet
Lot Size Square Feet 6840
Rent Control Y/N true
Standard Status Active
Cap Rate 6
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Interior
Total Stories 2
Air Conditioning Y/N false
Heating Y/N false
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 16
Total Baths 16
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Exterior
Parking Features Covered
Total Parking 10
Lot Size Area 6840
Number of Buildings 1
Building Area Total 6422
Lot Size Acres 0.157
Lot Size Source Assessor
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* Excluded Features
List By
Keller Williams Los Angeles

Broker

mfukushima@total-realtygroup.com

Email

Affordability Calculator

$27,138
Per Month
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Monthly Principal & Interest
$27,138
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Default based on a 30-year fixed rate of 6.375% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$4,350,000 Listed Price

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1150 W 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 0.157. 1150 W 29th Street has 16 bedrooms, 1.0 baths, and was built in 1962. The property's zip code is 90007 which is in Los Angeles, CA