976 Elden Avenue Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90006
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 17,544 sqft
Price per Sqft $312
MLS Listing ID AR-25059023
Year Built 1990
Lot Size 0.393 Acres
Property Sub-Type Apartment
Property 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.
Location
State CA
County Los Angeles
Area C17 - Mid-Wilshire
Zoning LAR4
Interior
Heating Central
Cooling Central Air
Flooring Laminate,See Remarks
Fireplaces Type None
Laundry Community
Exterior
Parking Features Community Structure,Converted Garage
Garage Spaces 20.0
Pool None
Community Features Curbs
Utilities Available Sewer Connected,Electricity Connected,Natural Gas Connected
View Y/N No
View None
Building
Lot Description 36-40 Units/Acre
Sewer Public Sewer