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Listed by Yeou-Shu Wang • IRN Realty
$5,480,000
Est. payment /mo
17,544 SqFt
Active
976 Elden Avenue Los Angeles, CA 90006
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Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 17,544 sqft
Price per Sqft $312
MLS Listing ID CRAR25059023
HOA Y/N No
Year Built 1990
Lot Size 0.393 Acres
Property Sub-Type Other
Source Datashare California Regional
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 (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 & 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
Interior
Heating Other
Cooling Central Air
Flooring Laminate, See Remarks
Fireplace No
Laundry Community Facility
Exterior
View None
Building
Water Public
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