*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!
For sale
Price cut: $650K (5/7)
$5,850,000
1102 W 29th St, Los Angeles, CA 90089
20beds
18baths
8,966sqft
Est.:
Multi Family
Built in 1958
-- sqft lot
$5,582,700 Zestimate®
$652/sqft
$-- HOA
What's special
Modern living spacesWell-maintained units
- 78 days
- on Zillow |
- 104 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: May 07, 2025 at 03:16am
Listed by:
Michael R. Fukushima DRE # 01380445 818-321-6490,
KW SELA 562-334-1500,
Stephen F. Watson DRE # 01187813 213-446-3636,
KW SELA
Source: CLAW,MLS#: 25504265

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 20
- Bathrooms: 18
Heating
- None
Cooling
- None
Appliances
- Included: Range/Oven
Interior area
- Total structure area: 8,966
- Total interior livable area: 8,966 sqft
Property
Parking
- Total spaces: 8
- Parking features: None
Features
- Levels: Two
- Stories: 2
Lot
- Size: 7,495 Square Feet
Details
- Additional structures: None
- Zoning: LAR3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1958
Community & HOA
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $652/sqft
- Date on market: 3/3/2025
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