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2670 Ellendale Place
USD 5,995,000
Property ID: 23297417
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2670 Ellendale Place ,90007
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icon 10700 SqFt
icon Built in 1964
icon USD 560/SqFt
icon 26 Beds
icon 0 Full
icon --
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Location
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Interior Details
Bedrooms
26
Bathrooms
0
Interior Size
11734
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1964
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Detailed Introduction Of This Home
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 ProForma 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.
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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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2670 Ellendale Place
USD 5,995,000 26 Beds
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