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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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1150 W 29th Street, Los Angeles – $4,350,000

  • 1 Bed
  • 2 Baths
  • 6,422 Sqft
  • .16 Acres
  • 1 Bed
  • 2 Baths
  • 6,422 Sqft
  • .16 Acres

1150 W 29th Street

*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.

Essential Information

  • MLS® #25504093
  • Price$4,350,000
  • Bedrooms1
  • Bathrooms2.00
  • Square Footage6,422
  • Acres0.16
  • Year Built1962
  • TypeResidential Income
  • StatusActive

Community Information

  • Address1150 W 29th Street
  • AreaC16 - Mid Los Angeles
  • CityLos Angeles
  • CountyLos Angeles
  • Zip Code90007

Amenities

  • Parking Spaces10
  • ParkingCovered
  • GaragesCovered

Interior

  • AppliancesOven
  • HeatingNone
  • CoolingNone
  • # of Stories2
  • StoriesTwo, Multi/Split

Additional Information

  • Date ListedFebruary 27th, 2025
  • Days on Market336
  • ZoningLAR3

Listing Details

  • AgentMichael R. Fukushima
  • OfficeKeller Williams Los Angeles
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Price Change History for 1150 W 29th Street, Los Angeles, (MLS® #25504093)

Date Details Change
Price Reduced from $4,500,000 to $4,350,000 $150,000 (3.33%)
Price Reduced from $5,000,000 to $4,500,000 $500,000 (10.00%)

Michael R. Fukushima, Keller Williams Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. as of January 29th, 2026 at 2:13pm PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.