976 Elden Avenue

Los Angeles CA 90006

0.39 ac.

Multi-Family

Last sold for $4,550,000

Yeou-Shu Wang, last sold this property on 01 July 2025 after 0 days on market.

Overview

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 (16) two-bedroom / two-bathroom units, and (4) 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/water 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.

Features

3 bedrooms

3 bathrooms

0.39 ac. lot size

Multi-Family

Estimated Value

We need at least 3 similar 3 bedroom multi families sold in Los Angeles over the last 12 months.

Property history for 976 Elden Avenue

2025

Sold

$4,550,000

01 Jul 2025 by Yeou-Shu Wang, of Irn Realty

Happy sellers in Los Angeles

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Local market activity for 3 bedroom multi families in Los Angeles

In the last 12 months, 2 three-bedroom multi families similar to 976 Elden Avenue, have been sold.

Sold

For Sale

Interested in selling?

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Josephine San Lucas

at Keller Williams Larchmont

(65 reviews)

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Jennifer Cisco

at Keller Williams Realty-No Co

(3 reviews)

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Sukyoung Lee

at Redpoint Realty

(20 reviews)

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Jonghyeok Choi

at Dream Realty Asset Mgt, Inc.

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Nearby agents

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Josephine San Lucas

Sellers who recommend Josephine San Lucas have praised them for being local expert, clear communication, supportive, responsive, dedicated, reliable, and hard-working