Located in the Historic North University District, Trojandale is a landmark 20-unit estate that blends timeless Spanish-Hacienda architecture with modern luxury upgrades! On the market for the first time in 22 years! Originally built in the 1920s and thoughtfully re-conditioned, the property preserves its historic charm while offering residents an elevated living experience centered around a beautifully landscaped courtyard. The property features eight (8) 2-bedroom, 2-bath units and twelve (12) 1-bedroom, 1-bath units situated on a 21,388 square foot lot. Trojandale also offers significant value-add potential, including the ability to develop up to six (6) additional units by right and eight (8) ADU units across two separate buildings, totaling approximately 5,500 square feet of additional rentable space. Further upside exists through the potential to add bedrooms within the existing units, many of which offer ample interior square footage for reconfiguration. Additional highlights include one of the area's only fully subterranean parking garages with 20 secure parking spaces, providing a rare convenience in this highly sought-after neighborhood.