2221 Ellendale, Los Angeles, California 90007, Los Angeles, 90007 - 0 bed, 0 bath
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2221 Ellendale
Los Angeles, California 90007
ACTIVE
CONDITION: POOR
0Beds
0Baths
1Sq Ft
2,950Lot Size
Property Price
LIST PRICE$989,000
SUMMARY
BACK ON THE MARKET! This four-unit property features four one-bedroom, one-bath apartments, each with a kitchen, cabinetry, countertops, and a water heater. All units offer spacious bedrooms and are tenant-occupied, with 100% rent collection. Conveniently located two blocks from Adams Boulevard and approximately one mile from the USC campus. Potential for future rental income growth, subject to applicable rent-control regulations and allowable increases.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
The property was built in 1912 (112 years old) with no mention of recent renovations to kitchens, bathrooms, or major systems like HVAC and Electric. While currently tenant-occupied, the extreme age and basic description of amenities suggest the building is well past the 30-50 year renovation cycle and likely requires a significant rehab to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime University Proximity
Located approximately one mile from the USC campus, the property is positioned in a high-demand rental corridor, ensuring a consistent tenant base of students and faculty.
- Stable Rental Income
The property features 100% rent collection from all four units, offering immediate cash flow and financial stability for an investor from day one.
- Strategic Unit Mix
The quadruplex configuration of four one-bedroom units is highly desirable for the local market, providing a versatile and easy-to-manage asset for residential income.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1, other record living area = 2996.
- Rent Control Limitations
The property is subject to Los Angeles rent-control regulations, which restricts the pace of rental increases and may delay the achievement of full market-rate potential.
- Aging Infrastructure
Built in 1912, the structure may require higher-than-average maintenance costs or capital improvements to modernize aging systems and maintain its competitive edge.
About 2221 Ellendale
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1912
- Lot Size
- 2,950 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Vermont Avenue Elementary School
Grades K-5 • 0.4 mi
5/10
Norwood Street Elementary School
Grades K-5 • 0.6 mi
4/10
John W. Mack Elementary School
Grades K-5 • 0.7 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 1 | 2,090.331 |
| Lot Size | 2,950 | 5,852.908 |
| Price | $989.0K | $830.9K |
| Price per sq ft | $989.0K | $394 |
| Built year | 1912 | 1928 |
| HOA | $0 | $0 |
| Days on market | 12 | 87 |
Pricing History
Listed for Sale
Oct 28, 2026
$989,000
Initial Listing
Sold
Apr 11, 2017
$575,000
Public Record