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Dormitory For Sale • 14,593 SF
| The Neema Group of Marcus & Millichap is pleased to present 2670 Ellendale Place, a newly renovated 17 Unit / 35 Bedroom student housing investment |
| Located a half mile north of the University of Southern California, within the USC Department of Public Safety 24 Hour Patrol Zone |
| 13 of the 17 units are either brand new or fully renovated, presenting a prime opportunity to acquire a recession-proof passive investment |
| The remaining 4 units have long term tenants at less than 30% of market rent, offering an investor significant upside potential |
| The subject property is currently being rented by the unit and unfurnished, allowing further rental upside through double occupancy and furnished rent |
| The property is walking distance to the University Park Campus and USC Village |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 10 min | - | 4.7 mi | |
| Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) | 12 min | - | 4.9 mi |
| Transit/Subway | Drive | Walk | Distance |
| Expo/Vermont (Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro)) | 3 min | 20 min | 1.0 mi |
| Jefferson/USC (Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro)) | 3 min | 20 min | 1.0 mi |
| Airport | Drive | Walk | Distance |
| Los Angeles International | 23 min | - | 12.8 mi |
| Bob Hope | 30 min | - | 14.8 mi |
| Long Beach (Daugherty Field) | 31 min | - | 21.2 mi |
