976 Elden Avenue
Los Angeles, CA, 90006
$5,480,000
Beds
0 Baths
SqFt
0.39 Acres
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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

Price:
$5,480,000
MLS #:
AR25059023
Status:
Active
Baths:
0
Address:
976 Elden Avenue
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
c17midwilshire
City:
Los Angeles
Listed Date:
Mar 19, 2025
State:
CA
ZIP:
90006
Lot Size:
17,105 sqft / 0.39 acres (approx)
Year Built:
1990
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Schools

Interior

Appliances
Built- In Range
Cooling
Central Air
Fireplace Features
None
Flooring
Laminate, See Remarks
Heating
Central

Exterior

Community Features
Curbs
Electric
Standard
Garage Spaces
20.00
Lot Features
36-40 Units/ Acre
Parking Features
Community Structure, Converted Garage
Parking Spots
20.00
Pool Features
None
Security Features
Gated with Attendant, Automatic Gate, Carbon Monoxide Detector(s)
Sewer
Public Sewer
Spa Features
None
Stories Total
2
View
None
Water Source
Public

Financial

Association Fee
0.00
Tenant Pays
All Utilities
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected

Map

Community

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