The Tower - Student Housing at USC! 1102 W 29th St 12 Unit Apartment Building $5,250,000 ($437,500/Unit) 6.30% Cap Rate Los Angeles, CA 90007

*The Tower is owned and operated by CDI Management. The property 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. 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!