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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.
Property Type(s):
Residential Income
| Last Updated | 3/19/2025 | Year Built | 1990 |
|---|---|---|---|
| Community | Mid-Wilshire | Garage Spaces | 20.0 |
| County | Los Angeles |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Built-In Range |
| AREA | Mid-Wilshire |
| GARAGE | Community Structure, Converted Garage, Yes |
| HEAT | Central |
| HOA DUES | 0 |
| LOT | 0.39 acre(s) |
| LOT DESCRIPTION | 36-40 Units/Acre |
| PARKING | Converted Garage,Community Structure |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| UTILITIES | Electricity Connected,Natural Gas Connected,Sewer Connected, Electric: Standard |
| VIEW DESCRIPTION | None |
| WATER | Public |
| ZONING | LAR4 |
Location
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Listed with IRN Realty
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