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

1146 S Elden Avenue

^$ 2,880,000

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1146 S Elden Avenue

Los Angeles, CA, 90006

^$ 2,880,000

Bedrooms10 Baths11.0 Sq 12,306

Monthly Estimate*

^$ 20,118

Listed by Keller Williams Beverly Hills

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

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

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

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

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

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

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

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

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

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

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

Multi-Family Home for sale in Los Angeles, CA

for $2,880,000 with 10 bedrooms and 11 full baths. This 12,306 square foot home was built in 1923 on a lot size of 0.3214.

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

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.3214

Year Built

1923

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

24368016

Days on Market

Features

General

Sewer Other SepticTypeUnknown

Possession CloseOfEscrow

Zoning LAR3

Garage Spaces 4.0

Pool Features None

Security Features GatedCommunity

Construction Materials Frame MetalSiding Concrete Stone Stucco WoodSiding

Year Built 1923

Tenant Pays Electricity Gas

View CityLights

Stories 2

Levels Two

Gross Income 500.0

Community Features Gated

County Los Angeles

Net Operating Income 89667.0

Insurance Expense 5488.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage Y

Facing Direction South

Garage Y/N Y

Special Listing Conditions Standard

Status Active

Directions West of Hoover St East of Western Ave North of Pico Blvd & South of Olympic Blvd

City Los Angeles

Entry Location Main Level

View Y/N Y

Senior Community Y/N N

High School District Los Angeles Unified

Open Parking Spaces 2.0

Total Units 11

MLS Area C17 - Mid-Wilshire

Lot Size Square Feet 14000.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Number of Units Leased 11

Street Name Elden

Spa Features None

Property Attached Y/N N

Land Lease Y/N N

Electric Expense 3450.0

Home Warranty Y/N N

Property Condition Fixer RepairsCosmetic UpdatedRemodeled

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 8

Standard Status Active

Occupancy Description Tenant

Year Built Source Assessor

Taxes 33819.0

Cap Rate 3.0

Exterior

Parking Features Assigned ControlledEntrance Concrete DoorMulti Driveway Garage GarageDoorOpener Private OneSpace SharedDriveway OnStreet SideBySide Uncovered

Lot Features Lawn Landscaped RectangularLot

Water Source Public

Total Parking 6.0

Lot Size Area 14000.0

Number of Buildings 2

Spa N

Building Area Total 12306.0

Lot Dimensions 100x140

Lot Size Acres 0.3214

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 0

Number of Separate Gas Meters 11

Number of Separate Electric Meters 11

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Fireplace Features None

Total Stories 2

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Window Features FrenchMullioned GardenWindows

Fireplace Y/N N

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Street Suffix Avenue

Laundry Features LaundryRoom

Total Bedrooms 10

Entry Level 1

Electric On Property Y/N N

Total Baths 11

Internal Only

Street Number 1 1146

* Excluded Features

List By

Keller Williams Beverly Hills

Broker

(310) 432-6471

Phone

Affordability Calculator

$20,118

Per Month

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

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Loan Term

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 ^$2,006,100

Percent of Sale Price 30%

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.

4003522 Elementary School

4003523 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 S 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 0.3214. 1146 S Elden Avenue has 10 bedrooms, 11.0 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 Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 4/27/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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1146 S Elden Avenue

Multi-Family Home for sale in Los Angeles, CA

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