976 Elden Avenue, Los Angeles, CA 90006

  • $5,480,000
976 Elden Avenue, Los Angeles, CA 90006
Active
976 Elden Avenue, Los Angeles, CA 90006
976 Elden Avenue, Los Angeles, CA 90006
  • $5,480,000

Description

Excellent Investment Opportunity in a Fantastic Mid-Wilshire location closed to Koreatown. Built in 1990, Lot Size 17,105 Sq. Ft. Living Area 17,544 Sq. Ft. 976 Elden Ave is not subject to Los Angels City Rent Control and is subject to AB 1482 State Rent Control allowing for higher annual increases. Great potential for increased rents. This 20 units apartment complex offers (18) two-bedroom / two-bathroom units, and (2) one-bedroom / one-bathroom units. with 20 gated access parking spaces in garage. Each unit has its own Central A/C & Heater. Some of units has been upgraded and remodeled. The building has re-roofed in July 2020 & boiler & storage tank were replaced in July 2023. 976 Elden Ave presents investor a unique opportunity to attain a 1990’s constructed asset in a dense infill Mid-Wilshire location.

  • Address 976 Elden Avenue
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90006
  • Country US

Details

Updated on March 20, 2025 at 12:50 pm
  • Property ID: AR25059023
  • Price: $5,480,000
  • Property Size: 17544 Square Feet
  • Land Area: 0.3927 Acres
  • Garages: 20.0
  • Garage Size: x x
  • Year Built: 1990
  • Property Type: Residential Income, Apartment
  • Property Status: Active

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  • Hoyt Hochman