Address
2229 Ellendale Place Los Angeles, CA
Price
$ 875,000
Property Attributes
  • MLS#21794468
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaMid Los Angeles
  • Zip90007
  • Style
  • Price$ 875,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1852
  • Lot Size2,942 SqFt
Listing Provided Courtesy Of:
Davis Saadian with Keller Williams Beverly Hills
Data Source:
Combined LA/Westside MLS (CLAW) - 318 - CA
Property Description

We are pleased to offer the opportunity to acquire this three (3) building student housing portfolio, located in the DPS patrol zone, and walking distance to the University of Southern California (USC).The investment consists of three (3) separate properties, situated within 1 block of each other. The properties feature a mix of newly updated/ remodeled student housing units, as well as value-add units with a tremendous amount of rental upside and growth. The investment also allows the opportunity to further increase cash flow by adding Accessory Dwelling units (ADUs). Given the location, attractive local area amenities, and opportunity to increase rental income, this investment presents an excellent opportunity for an investor to acquire a unique premier portfolio in the attractive USC submarket that will provide exponential returns.

Price History
10/12/2021 Listed $875,000

General Features

Appliances Dishwasher, Refrigerator
Co-Listing Agent State License # 02116849
Co-listing Agent Adam Shamooelian - BRE#02116849
Listing Agent Davis Saadian - BRE#01921748
Listing Agent State License 01921748
Lot Size Square Feet 2942
MLS Area C16 - Mid Los Angeles
Property Type Residential Income
Senior Community Y/N No
Special Listing Conditions Standard
Status Active
Total Units 2
Zoning LARD2

Exterior Features

Lot Size Acres 0.07
Lot Size Area 2942
Lot Size Units Square Feet
Number of Buildings 1
Parking Features None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 90007

Price
AVG $1.74M
$880K
Year Built
AVG 1920
1922
Walkscore
AVG 84
91
Data Provided by Walkscore ® not using MLS data

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