This listing was posted on ListedBuy.
$5,750,000
2670 ELLENDALE PL, Los Angeles, CA 90007 Multi Family For Sale MLS# 23-297417
Price:
$5,750,000
BR/BA:
10+ BA
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Description:
14 Units Built in 1964 Property Remodeled and Re- Branded to Student Housing in 2022. 8 of the 14 Units have Been Completely Remodeled. Mix of (2) 1+1 and (12) 2+1. The property will come with Permits to Build 3 ADU's (2) 2+2 ADUs, (1) 5+5 ADU. 11,734 Gross Square Feet (pre-ADU construction) on a 10,700 Square Foot Lot. Individually Metered for Gas & Electric. On Site Laundry. The Pro Forma Cap Rate is 9.32% after the ADU Construction and the Renovation of the final 6 existing units with legacy tenants. With the roof having been replaced, the plumbing upgraded and the soft-story retrofit completed - most capital for a new investor will be spent toward the ADU's and the 6 unrenovated units. Still available at ListedBuy!
Property Type:
Multi-Family Residences for Sale
Sq feet:
11,734 sq. ft.
For sale by:
By Owner
Posted:
September 28 2023 on ListedBuy
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More About this Listing: 2670 ELLENDALE PL, Los Angeles, CA 90007 Multi Family For Sale MLS# 23-297417
2670 ELLENDALE PL, Los Angeles, CA 90007 Multi Family For Sale MLS# 23-297417 is a 10 Bathroom, 10+ BA, 14 Bathroom Multi-Family Real Estate for Sale at 2670 Ellendale Pl in Los Angeles CA. Find other listings like 2670 ELLENDALE PL, Los Angeles, CA 90007 Multi Family For Sale MLS# 23-297417 and listings near 2670 Ellendale Pl by searching Oodle Classifieds for 10 Bathroom, 10+ BA, 14 Bathroom Multi-Family Real Estate for Sale in Los Angeles CA.
2670 ELLENDALE PL, Los Angeles, CA 90007 Multi Family For Sale MLS# 23-297417 is a 10 Bathroom, 10+ BA, 14 Bathroom Multi-Family Real Estate for Sale at 2670 Ellendale Pl in Los Angeles CA. Find other listings like 2670 ELLENDALE PL, Los Angeles, CA 90007 Multi Family For Sale MLS# 23-297417 and listings near 2670 Ellendale Pl by searching Oodle Classifieds for 10 Bathroom, 10+ BA, 14 Bathroom Multi-Family Real Estate for Sale in Los Angeles CA.