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.
Property Details
Property Features
Property Information:
Year Built: 1931
Stories: 0
Living Area: 17,099 SqFt
Listing Office:
Office Name: Keller Williams Realty Downey
Office Phone: (562) 334-1500
Listing Agent: Michael R. Fukushima
Interior Features
Interior Information:
Appliances: Dishwasher, Refrigerator
Bedroom and Bathroom Information:
Total Bedroom Count: 28
Lot Features
Lot Information:
Lot Size: 0.49 Acres
Utilities
Utilities Information:
Heating: None
Cooling: None
Other
Directions Information:
Directions: From Downtown, start on Harbor Freeway, then take the exit and keep right onto I-10 West. Keep right towards the California Science Center and keep right onto Vermont Ave. Turn left onto S Vermont Ave, then turn left onto W Adams Blvd. Turn right onto Ellendale Place.
Price Information
Listing Price Info
Price Summary:
List Price: $20,000,000
Price Per SqFt: $1,170/SqFt
Tax Information:
Annual Amount: $30,401
Tax Year: 2021
What can I afford?
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $18.9M more than the Median Sold Price and $529/SqFt more than other homes in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24458303
Listing Office:
Office Name: Keller Williams Realty Downey
Office Phone: (562) 334-1500
Listing Agent: Michael R. Fukushima
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/23/2024, 2:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$30,401
$2,386,222
2020
$29,534
$2,357,282
2019
$29,245
$2,311,061
2018
$28,602
$2,265,747
2017
$28,602
$2,221,322
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Vermont Avenue Elementary
1435 W 27th St
Distance between this listing and this school0.25 miles
Public District Grades KG-5
3
/10
John W. Mack Elementary
3020 S Catalina St
Distance between this listing and this school0.45 miles
Public District Grades KG-5
5
/10
Norwood Street Elementary School
2020 Oak St
Distance between this listing and this school0.61 miles
Public District Grades KG-5
Nearby Schools
4
/10
Camino Nuevo Elementary #3
1723 Cordova St
Distance between this listing and this school0.64 miles
Public Charter Grades KG-8
4
/10
Downtown Value
950 W Washington Blvd
Distance between this listing and this school0.65 miles
Public Charter Grades KG-8
6
/10
John Adams Middle School
151 W 30th St
Distance between this listing and this school1.15 miles
Public District Grades 6-8
Nearby Schools
6
/10
Alliance Gertz-Ressler Richard Merkin 6-12 Complex
2023 S Union Ave
Distance between this listing and this school0.46 miles
Public Charter Grades 6-12
3
/10
West Adams Preparatory High School
1500 W Washington Blvd
Distance between this listing and this school0.54 miles
Public District Grades 9-12
8
/10
Thirty-Second Street Usc Performing Arts
822 W 32nd St
Distance between this listing and this school0.61 miles
The neighbors living near this home have an average income of $17,835. Residents of Los Angeles, CA typically earn less than $35k each year. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2623 Ellendale Pl
What is the listing price of this property?
The listing price of 2623 Ellendale Pl property is $20,000,000.
What type of property is this?
The property 2623 Ellendale Pl is a house located in Los Angeles, California, 90007.
Is this property for sale now?
Active Listing: 2623 Ellendale Pl is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $30,401 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 2623 Ellendale Pl has 28 bedrooms and 28 bathrooms.
What is the square footage of this property?
The property 2623 Ellendale Pl is 17,099 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 2623 Ellendale Pl is 1931.
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This home is located at 2623 Ellendale Pl in Los Angeles, CA and zip code 90007 in the University Park neighborhood. This 17,099 square foot home, which was built in 1931, sits on a 0.49 acre lot. Features: 28 bedrooms, 28 bathrooms. It has been listed on Rocket Homes since October 30, 2024 and is currently priced at $20,000,000.
Los Angeles, CA housing market in October 2024 saw over 598 listings sold above listed price, more than 191 sold at listed price and over 753 sold below. In October 2024 in Los Angeles, CA there were 11.2% more homes for sale than in September 2024. While the average time on the market in October 2024 was 38 days, the median list price was $1,023,474.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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