2647 Ellendale Place, Los Angeles, CA 90007

We are pleased to present 2647-2649 Ellendale Place, a turnkey five-unit, 20-bed student housing investment located within a ten-minute walk of the University of Southern California set on one of the most coveted residential streets north of campus. The property pairs a fully renovated eight-bedroom residence with four newly constructed three-bedroom ADUs, offering a rare blend of stabilized cash flow, modern construction, and a location that simply does not come to market often. Ellendale Place sits in the heart of the north-of-campus corridor, the section of the USC neighborhood students seek out first. It is a wide, tree-lined double-wide boulevard with established character that sets it apart from the denser product west of campus, and its blocks are almost entirely owner-held for the long term. Listings here are genuinely scarce properties on Ellendale Place rarely trade, and when they do, they move quickly to buyers who have been waiting for the opportunity. That scarcity...