2623 Ellendale Place, Los Angeles CA, 90007

Active

2623 Ellendale Place

Los Angeles CA, 90007

$20,000,000

$1,169.66 per sqft

Active

28 Beds

28 Baths

17,099 sqft

Residential

Built in 1931

Listed by Michael R. Fukushima with Keller Williams Realty Downey 818-321-6490

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.

24458303

MLSⓇ ID

October 30, 2024

Listed

October 31, 2024

Updated

Map

2623 Ellendale Place
Los Angeles CA, 90007

Interior Features

Total Stories: 2
Bedrooms: 28
Total Bathrooms: 28
Appliances: Dishwasher, Refrigerator
Laundry Description: Laundry Room
Fireplace: No
Cooling: No
Cooling Description: None
Heating: No
Heating Description: None

Exterior/Building Features

Lot Size: 0.49 Acres

Other Property Details

Area Name: C16 - Mid Los Angeles
Garage: No
Parking Total: 12
View: No
County: Los Angeles
Pool: No
Pool Features: Fenced
Zoning: LAR3

Listing Contact: 562-334-1500

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/31/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 10/31/2024 at 11:12 AM UTC