Los Angeles, CA 90007,2623 Ellendale Place
Los Angeles, CA 90007,2623 Ellendale Place
Los Angeles, CA 90007,2623 Ellendale Place
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$11,000,000
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17,099 SqFt
Active

2623 Ellendale Place Los Angeles, CA 90007

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Mike & Jules Guzzardo Team With Jenny Biczkow

Mike & Jules Guzzardo Team With Jenny Biczkow

+1(925) 864-5757

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Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 17,099 sqft

Price per Sqft $643

MLS Listing ID CL24458303

HOA Y/N No

Year Built 1931

Lot Size 0.491 Acres

Acres 0.49

Property Sub-Type Other

Property Description

*Trojandale is part of the 5-building CDI Management Student Housing Portfolio at USC or may be sold separately.* Best property in the student housing area surrounding the USC campus! Discover the crown jewel of the North University District with this stunning updated historic property, perfectly tailored for USC students seeking a blend of luxury and tradition. This unique residence boasts a beautiful Spanish-hacienda design, preserving its ornate architectural details while offering modern amenities that ensure comfort and convenience. The property currently features 20 units, comprising a mix of eight two-bedroom apartments and 12 one-bedroom apartments, providing ample options for students. There are preliminary plans to add six additional units by right and potentially up to eight Additional Dwelling Units, expanding the total rentable area by about 5,500 sq. ft. This enhancement could increase rental income by approximately $270,000 annually. There is an opportunity to increase the number of bedrooms inside the existing building. Each unit has ample space to add an additional bedroom. Don't miss your chance to own this remarkable piece of real estate that seamlessly blends historic charm with modern luxury.

Location

State CA

County Los Angeles

Zoning LAR3

Interior

Heating None

Cooling None

Fireplace No

Laundry Laundry Room

Building

New Construction No

Others

Tax ID 5055006008


Bridge MLS
Listed by Michael R. Fukushima • Keller Williams Los Angeles

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agent

Mike & Jules Guzzardo Team With Jenny Biczkow

Realtor | r01066846,01955798,02086289

+1(925) 864-5757

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2623 Ellendale Place