976 Elden Avenue, Property Listing: MLS® #AR25059023

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.

976 Elden Avenue, Property Listing: MLS® #AR25059023 Close
Page Summary
  • 619-987-4851
NEW
  • MLS® #: AR25059023
  • 976 Elden Avenue
  • , CA 90006
  • $5,480,000
  • 0.39 Acres
  • Office: Irn Realty

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.

Supplemental Remarks

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Essential Information

  • MLS® #AR25059023
  • Listing Price$5,480,000
  • Original Listing Price$5,480,000
  • Date ListedMarch 19th, 2025
  • Days on Market7
  • Bathrooms0.00
  • Acres0.39
  • Lot Sq.Ft.17,105
  • TypeResidential Income
  • StatusACTIVE

Dues

  • HOA Dues$0
  • Total Monthly Dues$206

Community Information

  • Address976 Elden Avenue
  • AreaLOS ANGELES (90006)
  • CountyLos Angeles
  • StateCA
  • Zip Code90006

Amenities

  • PoolN/K

Interior

  • CoolingCentral Forced Air
  • # of Stories2

Exterior

  • Lot DescriptionCurbs
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Listing information last updated on April 3rd, 2025 at 8:55am PDT.