976 Elden Avenue, Los Angeles, CA 90006

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

Overview

Property ID: HZAR25059023
  • Apartment
  • Property Type
  • 20
  • Garages
  • 1990
  • Year Built

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 (16) two-bedroom / two-bathroom units, and (4) 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/water 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 Elden
  • City Los Angeles
  • State/county Los Angeles
  • Zip/Postal Code 90006

Details

Updated on May 25, 2025 at 2:25 pm
  • Property ID: HZAR25059023
  • Price: $5,480,000
  • Land Area: 0.3927 SquareFeet
  • Garages: 20
  • Year Built: 1990
  • Property Type: Apartment
  • Property Status: ResidentialIncome

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