1146 S Elden Ave

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Address: 1146 S Elden Ave, Los Angeles, California, US
Created date: May 15, 2024
Date last updated: May 15, 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.

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
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