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University Manor 2700 Ellendale Pl 50 Unit Apartment Building $14,500,000 ($290,000/Unit) Los Angeles, CA 90007
EXECUTIVE SUMMARY
We are pleased to present University Manor, a rare 50-unit / 92-bedroom offering in USC’s most coveted North-Ellendale corridor. With substantial vacancy creating a true blank-slate opportunity, the property is perfectly positioned for a full modernization and premium by-bed student housing reposition.
PROPERTY FACTS
| Price | $14,500,000 | Building Class | C |
| Price Per Unit | $290,000 | Lot Size | 0.88 AC |
| Sale Type | Investment | Building Size | 36,716 SF |
| No. Units | 50 | Average Occupancy | 36% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1964 |
| Apartment Style | Low-Rise | ||
| Zoning | LAR3 | ||
| Price | $14,500,000 |
| Price Per Unit | $290,000 |
| Sale Type | Investment |
| No. Units | 50 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.88 AC |
| Building Size | 36,716 SF |
| Average Occupancy | 36% |
| No. Stories | 3 |
| Year Built | 1964 |
| Zoning | LAR3 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Refrigerator
SITE AMENITIES
- Courtyard
- Laundry Facilities
- Picnic Area
- Property Manager on Site
- Security System
- Gated
- Video Patrol
- Shuttle to Train
- Wi-Fi
- Bicycle Storage
- Community-Wide WiFi
- Elevator
- Lounge
- Maintenance on site
- Sundeck
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 4 | - | 450 - 550 |
| 2+1 | 46 | - | 950 |
Walk Score®
Very Walkable (88)
Bike Score®
Biker's Paradise (91)
PROPERTY TAXES
| Parcel Number | 5055-013-023 | Improvements Assessment | $1,262,608 |
| Land Assessment | $1,262,608 | Total Assessment | $2,525,216 |
PROPERTY TAXES
Parcel Number
5055-013-023
Land Assessment
$1,262,608
Improvements Assessment
$1,262,608
Total Assessment
$2,525,216
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University Manor | 2700 Ellendale Pl
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