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Listed by Yeou-Shu Wang • IRN Realty
$5,480,000
Est. payment /mo
0.39 Acres Lot
Active
976 Elden AVE Los Angeles, CA 90006
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRAR25059023
Originating Board California Regional MLS
Year Built 1990
Lot Size 0.393 Acres
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
Rooms
Kitchen Oven Range - Built-In
Interior
Heating Central Forced Air
Cooling Central AC
Flooring Laminate, Other
Laundry Washer/Dryer - Leased, Community Facility
Exterior
Parking Features Common Parking - Shared, Converted
Garage Spaces 20.0
Pool 31, None
View None
Building
Water District - Public
Others
Tax ID 5076004023
Special Listing Condition Not Applicable
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