Property Description
*The Pointe is part of the 5-building CDI Management Student Housing Portfolio at USC or may be sold separately.*Property Fully Lease 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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“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
TurboHome Fair Market Estimate
TurboHome Savings
$58,521
TurboHome Estimated Value
$4,125,700
$642 sqft
High Valuation
$4,331,985
$675/sqft
Normal Valuation
$4,125,700
$642/sqft
Low Valuation
$3,919,415
$610/sqft
3rd Party Estimates
Source | $/sqft | Valuation |
---|---|---|
HouseCanary | $642/sqft | $4,125,700 |
Get a detailed valuation report, schedule a tour or make an offer!
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
Neighborhood: South Los Angeles
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Comparative Value
$2.60M
$4.35M
1212 W 37th Dr 1, Los Angeles, CA 90007
Sale Price: $2,600,000
Selected Comparable
1150 W 29th St, Los Angeles, CA 90007
List Price: $4,350,000
Subject Property
Neighborhood Comps
Subject Property
SUBJECT1150 W 29th St, Los Angeles, CA 90007
List: $4,350,000
Listed: 2/27/2025
Area:6,422 sqft
Price/sqft:$677
Beds:16
Baths:16
Year Built:—
Lot Size:6,840
Comparable Properties
COMPARABLEChoose comps
1212 W 37th Dr 1, Los Angeles, CA 90007
Sale: $2,600,000
4/10/2025 • 0.85 mi
Area:6,000 sqft
Price/sqft:$433
Beds:16
Baths:16
Year Built:—
Weight:100.0%
Subject Property
SUBJECTImage | Address | List Price | sqft | Price/sqft | Lot Size | Distance | List Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
1150 W 29th St, Los Angeles, CA 90007 | $4,350,000 | 6,422 | $677 | 6,840 | — | 2/27/2025 | 16 | 16 | — | — |
Comparable Properties
COMPARABLEChoose comps
Image | Address | Sale Price | sqft | Price/sqft | Lot Size | Distance | Sale Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
1212 W 37th Dr 1, Los Angeles, CA 90007 | $2,600,000 | 6,000 | $433 | 7,522 | 0.85 mi | 4/10/2025 | 16 | 16 | — | 100.0% |
Nearby Listings
3 similar properties within 5 miles

List Price: $3,699,900
914 S Gramercy Dr, Los Angeles, CA 90019
16 bd 16 ba 10,050 sqft
TurboHome Est. Value:
$3,892,200

List Price: $4,950,000
3365 Hamilton Way, Los Angeles, CA 90026
15 bd 15 ba 10,172 sqft
TurboHome Est. Value:
$5,369,300

List Price: $3,750,000
1045 N Ardmore Ave, Los Angeles, CA 90029
15 bd 16 ba 10,780 sqft
TurboHome Est. Value:
$2,648,100
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