1146 South Elden Avenue Los Angeles, CA ^$ 2,880,000

1146 South Elden Avenue

^$ 2,880,000

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1146 South Elden Avenue

Los Angeles, CA, 90006

^$ 2,880,000

Studio Baths0.0 Sq 12,306

Monthly Estimate*

^$ 20,118

1146 South Elden Avenue, Los Angeles, CA 90006 - Image 1

1146 South Elden Avenue, Los Angeles, CA 90006 - Image 2

1146 South Elden Avenue, Los Angeles, CA 90006 - Image 3

1146 South Elden Avenue, Los Angeles, CA 90006 - Image 4

1146 South Elden Avenue, Los Angeles, CA 90006 - Image 5

1146 South Elden Avenue, Los Angeles, CA 90006 - Image 6

1146 South Elden Avenue, Los Angeles, CA 90006 - Image 7

1146 South Elden Avenue, Los Angeles, CA 90006 - Image 8

1146 South Elden Avenue, Los Angeles, CA 90006 - Image 9

1146 South Elden Avenue, Los Angeles, CA 90006 - Image 10

1146 South Elden Avenue, Los Angeles, CA 90006 - Image 11

Studio

Multi-Family Home for sale in Los Angeles, CA

for $2,880,000. This 12,306 square foot home was built in 1923 on a lot size of 0.32.

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.

Multi-Family Active

Price

^$ 2,880,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.32

Year Built

1923

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0024368016

Features

General

Sewer Septic Type Unknown

Possession Close of Escrow

Roof Concrete

Zoning LAR3

Pool Features Private

Security Features Gated Community

Construction Materials Stone Metal Siding Frame Concrete Wood Siding Stucco

Year Built 1923

Tenant Pays Electricity Gas

View City Lights

Levels Two

Accessibility Other

County Los Angeles

Net Operating Income 89667.0

Insurance Expense 5488.0

New Construction No

Property Type C

HOA / Comm Assn No

Facing Direction South

Status Active

City Los Angeles

Buyer Agent Compensation 2.00

Entry Location Main Level

View Y/N Yes

Senior Community Y/N No

MLS Area C17 - Mid-Wilshire

Lot Size Square Feet 14000.0

Number of Units Leased 11

Street Name Elden

Electric Expense 3450.0

Property Condition Updated/Remodeled Fixer Repairs Cosmetic

Additional Parcels Y/N No

Structure Type None

Standard Status Active

Year Built Source Assessor

Taxes 33819.0

Buyer Agent Compensation Type %

Exterior

Parking Features Assigned None Garage Door Opener Side by Side Controlled Entrance Uncovered Garage - Two Door Street Driveway Shared Driveway Garage - Three Door Parking Space

Lot Features Lawn Landscaped Rectangular Lot

Water Source Public

Lot Size Area 14000.0

Spa No

Pool Y/N? No

Building Area Total 12306.0

Lot Dimensions 100x140

Lot Size Acres 0.32

Lot Size Units Square Feet

Lot Size Source Assessor

Land Lease Type Fee

Interior

Total Stories 2

Window Features French/Mullioned Garden Window(s)

Fireplace Y/N No

Street Suffix Avenue

Laundry Features None Individual Room

Entry Level 1

Total Baths 0

* Excluded Features

List By

Jacob Kesherim

Listing Agent

Keller Williams Beverly Hills

Broker

Affordability Calculator

$20,118

Per Month

Monthly Principal & Interest: $20,118
Monthly Property Taxes: --
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,999,883

Percent of Sale Price 31%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/18/2024	$2,880,000		Listed Price

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1146 South Elden Avenue, Los Angeles, CA, 90006 is a Multi-Family Home for sale at $2,880,000 with 12,306 sqft and a lot size of 0.32. 1146 South Elden Avenue is a studio with 0.0 baths and was built in 1923. The property's zip code is 90006 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 3/20/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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1146 South Elden Avenue

Multi-Family Home for sale in Los Angeles, CA

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