2623 Ellendale Place
$17,950,000
28
28
17,099
17,099
$1,050
Description
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...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.
- Listed by Michael R. Fukushima • DRE #01380445 • Brokerage DRE #00752861 • Keller Williams Realty Downey
- Listed by Stephen F. Watson • DRE #01187813 • Brokerage DRE #00752861 • Keller Williams Realty Downey
Property Details for 2623 Ellendale Place
Zoning
LAR3
Parcel Number5055006008
Total Units20.0
Living Area17099
Source Living AreaVendor Enhanced
AreaMid Los Angeles (C16)
Vacancy Rate20%
Lot Size Area21402
LISTING UPDATED: 12/17/2024 03:06 PM
Property Details for 2623 Ellendale Place
Status | Active |
---|---|
MLS # | 24-458303 |
Days on Market | 93 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1931 |
Lot Size | 0.49 AC / 21,402 SF |
County | Los Angeles County |
Building Information for 2623 Ellendale Place
Stories-Residences-Year Built1931Building Size-Lot Size0.49 AC / 21,402 SF
Property Information for 2623 Ellendale Place
Property History for 2623 Ellendale Place
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2623 Ellendale Place
Taxable ValueLand$1,064,946Additions$1,467,052Total$2,531,998
Tax Record2024$32,881 ($2,740 / month)
Home Facts
Total Finished SqFt17,099 SqFtAbove Grade Finished SqFt17,099 SqFtLot Size21,396 SqFtStyleMulti-Family Res (5+ Units)ZoningLAR3CountyLOS ANGELESAPN5055-006-008
Schools near 2623 Ellendale Place
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 6 to 12 |
Rating | School | Distance |
---|---|---|
Vermont Avenue Elementary School PublicK to 5 | ||
John Adams Middle School Public6 to 8 | ||
Manual Arts Senior High School Public9 to 12 | ||
Alliance Gertz-Ressler Richard Merkin 6-12 Complex Charter6 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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