Listing provided courtesy of Jacob Kesherim of Keller Williams Beverly Hills. Last updated 2024-05-20 08:11:32.000000. Listing information © 2023 CRMLS.
Asking Price: $2,880,000
1146 Elden, Los Angeles CA 90006
Community: C17 - Mid-Wilshire
Status: Active
This property was built in 1923 and is priced at $2,880,000. Please see the additional details below.
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.
