2623 Ellendale Place,Los Angeles, CA 90007
Los Angeles, CA 90007
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.
Details
| MLS# | 24458303 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1931 |
| Days On Site | 181 |
| Listing Provided By | Keller Williams Realty Downey 562-334-1500 | Michael R. Fukushima |
Features
| Bed(s) | 28 |
|---|---|
| Bath(s) | 28 |
| SQ Feet | 17,099 |
| Pool | Yes |
| Story(s) | 2 |
| Units | 20 |
| Building(s) | 1 |
| Zoning | LAR3 |
| Acreage | 0.49 |
Market Activity 90007
Request a showing
Request a showing
Contact
Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90007 |
| Area | C16 Mid Los Angeles |
| Listing VS Median (in 90007) | |
Price: $14,500,000 low | high Med: $1,650,000 SqFt: 17,099 low | high Med: 2,845 $ / SqFt: $848 low | high Med: $580 On site: 181 low | high Med: 189.000000 | |