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2229 Ellendale Pl

Los Angeles, CA 90007
  • $850,000
  • STATUS: Active
  • ON SITE: 83 Days
  • MLS #: 22-131835
UPDATED: 20 min ago
$850,000
  • 3
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,852
    SQFT
  • $459
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1922
County:

School Ratings & Info

Description

Sold Together or Separately - USC Portfolio includes 3 properties: 2229 Ellendale Place, 1385 West 22nd Street, & 1310 West 22nd Street. 2229 Ellendale UNIT 2: 1Bdr/1Bath Converted to 2Bdr/1Bath (Fully Renovated) - Buyer to Verify Unit Configuration and Bedroom Count. The USC Portfolio provides investors the opportunity to acquire a sizable presence in one of the most desirable infill student housing markets in the United States. Additionally, while the properties have been well maintained under current ownership, they are well suited for common area upgrades and interior unit upgrades that will further enhance the portfolio. The apartment buildings are being offered as a portfolio but may be sold individually. The USC Portfolio offers residents a highly desirable location near the main campus of University of Southern California. Residents are located blocks away from campus providing easy access to all of USC's landmarks, academic buildings, and entertainment options. Students also benefit from being approximately two miles from L.A. Live, Staples Center and numerous other Downtown Los Angeles attractions and amenities.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-23T18:43:30.103. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.markwiseproperties.com/homes/126208975
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2229 Ellendale Pl Los Angeles, CA 90007

  • Price: $850,000
  • Status: Active
  • On Site: 83 Days
  • Updated: 20 min ago
  • MLS #: 22-131835
3
Beds
0
Baths
0
½ Baths
0.07
Acres
1,852
SQFT
$459
$/SQFT
1922
Built
Neighborhood:
Mid Los Angeles
County:
Los Angeles
Area:
Mid Los Angeles
Property Description
Sold Together or Separately - USC Portfolio includes 3 properties: 2229 Ellendale Place, 1385 West 22nd Street, & 1310 West 22nd Street. 2229 Ellendale UNIT 2: 1Bdr/1Bath Converted to 2Bdr/1Bath (Fully Renovated) - Buyer to Verify Unit Configuration and Bedroom Count. The USC Portfolio provides investors the opportunity to acquire a sizable presence in one of the most desirable infill student housing markets in the United States. Additionally, while the properties have been well maintained under current ownership, they are well suited for common area upgrades and interior unit upgrades that will further enhance the portfolio. The apartment buildings are being offered as a portfolio but may be sold individually. The USC Portfolio offers residents a highly desirable location near the main campus of University of Southern California. Residents are located blocks away from campus providing easy access to all of USC's landmarks, academic buildings, and entertainment options. Students also benefit from being approximately two miles from L.A. Live, Staples Center and numerous other Downtown Los Angeles attractions and amenities.
Exterior Features

Lot Size Area 2942 Other Structures None Parking Garage None Total Parking 0

Interior Features

Baths Total 2.00 Cooling Other Equipment Other Heating Other

Property Features

Assessed Total Value 257428 Gross Income 41560 Gross Operating Income 42628 Like Units1 1 Like Units2 1 Net Operating Income 27677.00 Number Of Buildings 1 Number Of Units 2 Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 14952 Type Of Units Residential Year Built Source Assessor Zoning Lard2

Listing provided courtesy of Sean Rosenzweig DRE#01406343 of Marcus & Millichap.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-23T18:43:30.103. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Mark Wise | Bennion Deville Homes
71691 Highway 111
Rancho Mirage CA, 92270