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Josh Canova

josh.canova@evrealestate.com +1(858) 361-7010

$ 5,480,000

Est. payment -/mo

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976 Elden AVE Los Angeles, CA 90006

UPDATED:

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID AR25059023

HOA Y/N No

Year Built 1990

Lot Size 0.393 Acres

Property Sub-Type Apartment

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

Zoning LAR4

Interior

Heating Central

Cooling Central Air

Flooring Laminate, See Remarks

Fireplaces Type None

Fireplace No

Appliance Built-In Range

Laundry Common Area

Exterior

Parking Features Converted Garage, Community Structure

Garage Spaces 20.0

Garage Description 20.0

Pool None

Community Features Curbs

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected

View Y/N No

View None

Total Parking Spaces 20

Private Pool No

Building

Lot Description 36-40 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5076004023

Security Features Carbon Monoxide Detector(s),Security Gate,Gated with Attendant

Energy Description 5600.0

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

Listed by Yeou-Shu Wang • IRN Realty • 626-327-4881

Josh Canova

Advisor | License ID: C135485

+1(858) 361-7010

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