1146 S Elden Ave

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Address: 1146 Elden Ave, Los Angeles, CA 90006, USA

California & West + Apartment Buildings

Created date: July 16, 2024

Date last updated: July 16, 2024

Property Description

Highly sought after turnkey investment located just south of Olympic Blvd. This 11-unit apartment building complex, built in 1923 has many value add opportunities. With 65% upside in rental income this is an investors dream. A great unit mix consisting of 6 one-bedroom units, 4 two-bedroom units, and one studio unit. With 2 separate parking structures any savvy investor could add 2-3 ADU units adding even more value to this asset. The utilities are separately mattered for gas and electricity. Located in a highly tenant competitive rental market in Koreatown with a walk score of 91.

Available

Key Property Information

Listing Status:	Available
Listing Type:	Call for offers
Property Types:	Apartment Buildings
Price:	$2,880,000
No. of Units:	11
Year Built:	1923
Lot Size:	12,306.00 Sq ft
Opportunity Zone:	No
Price per unit:	$261,818
Property Website	Click Here
Number of Bedrooms:	10
Number of Bathrooms:	0

Address: 1146 S Elden Ave, Los Angeles, CA 90006, USA

Provided by:

Standard Status: Active

MLS Listing Number: 24-368016
ID: 3yd-CLAWCA-24-368016

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