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$ 6,500,000
Est. payment /mo
New
1102 W 29th ST Los Angeles, CA 90007
20 Beds
18 Baths
8,966 SqFt
UPDATED:
03/07/2025 01:32 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 8,966 sqft
Price per Sqft $724
MLS Listing ID 25504265
Bedrooms 20
HOA Y/N No
Year Built 1958
Lot Size 7,496 Sqft
Property Description
*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!
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LAR3
Interior
Heating None
Cooling None
Fireplace No
Exterior
Parking Features None
Total Parking Spaces 8
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID UNAVAILABLE
Special Listing Condition Standard
Listed by Michael R. Fukushima • Keller Williams Realty Downey