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$ 4,500,000
Est. payment | /mo
6,422 SqFt
$ 4,500,000
Est. payment | /mo
6,422 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 6,422 sqft
Price per Sqft $700
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.* 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.
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating None
Cooling None
Fireplace No
Building
New Construction No
Others
Tax ID 5055029018
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Michael R. Fukushima • KW SELA
GET MORE INFORMATION
Kenneth Jamaca
Managing Broker | REALTOR | License ID: 02080040
+1(925) 413-1849 | kenneth@jcastlegroup.com