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MLS:24-458303

2623 Ellendale, Los Angeles, CA 90007

Priced at: $14,500,000
Bedrooms:
28
Bathrooms (Full):
0
Bathrooms (Half):
0
Living Area SqFt:
17,099 Sq Ft
Lot SqFt:
21,402 Sq Ft
Year Built:
1931
*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.

Fees

Features

Equipment/ Appliances:
  • Dishwasher
  • Range/Oven
  • Refrigerator
Security Info:
  • Gated
Parking:
  • Gated Underground
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MLS: 24-458303
2623 Ellendale, Los Angeles, CA 90007
Price: $14,500,000
Listing courtesy of Keller Williams Realty Downey

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"Property information shown has been provided from various sources, which can include the seller and/or public records. It is believed reliable but not guaranteed and should not be relied upon without independent verification."

Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. All dimensions are estimates only and may not be exact measurements. Square Footages are approximate. Floor plans and development plans are subject to change. The sketches, renderings, graphic materials, plans, specifics, terms, conditions and statements are proposed only, and the developer, the management company, the owners and other affiliates reserve the right to modify, revise or withdraw any or all of same in their sole discretion and without prior notice. All pricing and availability is subject to change. The information is to be used as a point of reference and not a binding agreement.

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