*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… Read More 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. Read Less
Courtesy of KW SELA 562-334-1500
Listing Snapshot
Days Online
88
Last Updated
Property Type
Other
Beds
16
Square Ft.
6,422
Lot Size
0.16 Acres
Year Built
1962
MLS Number
25504093
30 Days Snapshot Of 90007
$380k
0%
(avg) sold price
28
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Oven, Range/Oven
Building
6,422 sq ft, Built in 1962, Levels: Multi/Split, Two
Cooling
None
Disclosures
As Is
Garage
Covered Parking
Heating
None
Laundry
Laundry Area
Lot
LotAcreage: 0.1571, LotSizeArea: 6,840
Parking
TotalParking: 10
Property
NumberOfUnits: 16, Zoning: LAR3
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