Los Angeles, CA 90007 1102 W 29th Street

1102 W 29th Street Los Angeles, CA - Image 11102 W 29th Street Los Angeles, CA - Image 21102 W 29th Street Los Angeles, CA - Image 3
4 more
1102 W 29th Street Los Angeles, CA - Image 41102 W 29th Street Los Angeles, CA - Image 51102 W 29th Street Los Angeles, CA - Image 61102 W 29th Street Los Angeles, CA - Image 71102 W 29th Street Los Angeles, CA - Image 8
Presented By: Michael R. Fukushima with KW SELA;
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# 25504265
  • 03/03/2025
  • Request Tour
  • Request Info
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 20
  • Baths • 18
  • SQFT • 8,966

Home Details

*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!
Presented By: Michael R. Fukushima with KW SELA;

Interior Features for 1102 W 29th Street

Bedrooms

Total Bedrooms20

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths18

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
Total Stories2

General for 1102 W 29th Street

Additional Parcels Y/NNo
Attached Garage No
Cap Rate5.5
Carport Y/NNo
CityLos Angeles
CoolingNone
CountyLos Angeles
DirectionsFrom Downtown, start on Harbor Freeway, then take the exit onto I-10. Keep right onto I-10 West, then keep right toward Hoover St. Turn right onto W 20th St, then turn right onto S Hoover St.
Electric On Property Y/NNo
Full Baths
Garage Y/NNo
Gross Income461760.0
HOANo
HeatingNone
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet7495.0
Lot Size UnitsSquareFeet
MLS AreaC16 - Mid Los Angeles
MobileHomeRemainsYNNo
Net Operating Income323413.0
New ConstructionNo
Number Of Units Total12
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Waterfront Y/NNo
Year Built1958
Year Built SourceAssessor
ZoningLAR3

Exterior for 1102 W 29th Street

Building Area Total8966.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1721
Lot Size Area7495.0
Lot Size SourceAssessor
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesNone
Private PoolNo
SpaNo
Total Parking8.0

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $5,850,000
MLS#25504265
List Date 03/03/2025
Property Type Multi-Family
Phone 714.742.6515
Request Tour
Request Info
Visit My Website

Similar Properties to 1102 W 29th Street

Compare listings

Compare