976 Elden Avenue
Los Angeles, CA 90006
0.39 acres | #AR25059023
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.
Property Details
- Utility FeaturesElectricityConnected, NaturalGasConnected, SewerConnected
- Lot DescriptionThirtySixToFortyUnitsAcre
- Property TypeMulti-Family
- Sewer InformationPublicSewer
- CountyLos Angeles
- Original List Price$5,480,000
- MLS #AR25059023
- MLS #AR25059023
- Property SubtypeApartment
- Cost5480000
- Acres0.3927
- Utility SourcePublic
- Year Built1990
- Parking Spaces20
- Stories2
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: Yeou-Shu Wang (#A33190)
Listing Office: IRN Realty (#3129)
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