2716 Ellendale Place, Los Angeles, CA 90007
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
2716 Ellendale Place,Los Angeles, CA 90007
$6,250,000
- 32 Beds
- 30 Baths
- 11,650 sq. ft.
- Multi-family
- Active
Listed by: sean rosenzweig
Office: marcus & millichap310-909-5500
MLS#:26104088
Source:CRMLS
Price summary
- Price:$6,250,000
- Price per sq. ft.:$536.48
About this home
We are pleased to offer for sale the leasehold interest in 2716-2718 Ellendale Place, a 10-unit, 32-bed townhome-style student housing community located in North University Park, south of Adams Boulevard between Vermont Avenue and Hoover Street.Completed in 2015, the property comprises two buildings, Dee Jay, a fully renovated and converted Craftsman house, and The Joint, newly constructed in the Craftsman style, totaling 11,650 square feet on a 16,340-square-foot parcel, with one five-bedroom unit and nine three-bedroom units, all townhome-style with private entries. The buildings share a gated, key-card compound with a plunge pool, spa, built-in barbecue and 21 parking spaces. Townhomes are furnished and feature in-unit laundry, air conditioning, stone counters and stainless steel appliances. The offering is the leasehold interest under a ground lease with approximately 68 years remaining. Ground rent is 12.75% of collected rent with no minimum rent. A prepaid rent credit of $4,366 per month offsets that rent through October 2044 and transfers to the buyer at closing, which reduces net cash ground rent to roughly $21,000 per year at current income. The leasehold may be assigned, sublet and financed without the landlord's consent.USC Village, the university's retail and dining hub, and the campus lie less than half a mile southeast. The address carries a Walk Score of 87. USC enrolls roughly 46,000 students, and 65% of its sophomores, juniors and seniors live in non-university housing, a pool that re-leases on the academic calendar and keeps demand for housing this close to campus deep and consistent. The property sits inside the USC Department of Public Safety patrol zone, which is covered 24 hours a day.The 110 Freeway runs less than a mile east and Downtown Los Angeles lies just over two miles northeast. 2716-2718 Ellendale Place offers investors an opportunity to acquire a professionally maintained, amenity-rich student housing asset in North University Park, one of USC's prime off-campus housing locations.PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS....
Contact an agent
Home facts
- Year built:2015
- Listing ID #:26104088
- Added:20 day(s) ago
- Updated:November 12, 2026 at 08:23 PM
Rooms and interior
- Bedrooms:32
- Total bathrooms:30
- Living area:11,650 sq. ft.
Structure and exterior
- Year built:2015
- Building area:11,650 sq. ft.
- Lot area:0.38 Acres
Finances and disclosures
- Price:$6,250,000
- Price per sq. ft.:$536.48
Parking
- Total parking spaces:21
- Parking description:Covered, Uncovered
New listings near 2716 Ellendale Place
- Coming Soon
$3,698,000Coming Soon3 beds 3 baths3,246 sq. ft.2552 Benedict Canyon, Beverly Hills, CA 90210
MLS# DW26242431Listed by: SYNERGY REAL ESTATE - Coming SoonOpen Sat, 1 to 4pm
$1,595,000Coming Soon3 beds 2 baths1,473 sq. ft.1172 S Point View Street, Los Angeles, CA 90035
MLS# SR26230898Listed by: EQUITY UNION - Coming SoonOpen Sat, 1 to 4pm
$1,390,000Coming Soon4 beds 3 baths3,195 sq. ft.20820 Sorrento, Porter Ranch, CA 91326
MLS# SR26242141Listed by: PINNACLE ESTATE PROPERTIES - Coming Soon
$1,200,000Coming Soon3 beds 2 baths1,509 sq. ft.3211 W 78th, Los Angeles, CA 90043
MLS# IG26235403Listed by: REAL BROKER - Coming SoonOpen Fri, 2 to 6pm
$669,000Coming Soon3 beds 2 baths880 sq. ft.11146 Berendo, Los Angeles, CA 90044
MLS# DW26241795Listed by: IBERRI & ASSOCIATES REAL ESTATE - Coming Soon
$399,999Coming Soon2 beds 2 baths915 sq. ft.10331 Lindley Avenue #237, Porter Ranch, CA 91326
MLS# SR26241499Listed by: LUXURY COLLECTIVE - Coming Soon
$899,000Coming Soon6 beds 4 baths2,150 sq. ft.1151 1153 Calzona, Los Angeles, CA 90023
MLS# WS26240922Listed by: KELLER WILLIAMS REALTY - Coming SoonOpen Fri, 3 to 6pm
$1,290,000Coming Soon1 beds 1 baths592 sq. ft.523 San Juan, Venice, CA 90291
MLS# SB26240648Listed by: COLDWELL BANKER ENVISION - Coming Soon
$349,000Coming Soon2 beds 2 baths742 sq. ft.9119 Wakefield Avenue #1, Panorama City, CA 91402
MLS# SR26241116Listed by: LUXURY COLLECTIVE - Coming SoonOpen Sat, 2 to 4pm
$1,249,800Coming Soon2 beds 2 baths1,412 sq. ft.6235 Condon Avenue, Los Angeles, CA 90056
MLS# PW26240010Listed by: PACIFIC WEST REAL ESTATE SVCS