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1215 Elden Ave
Los Angeles CA 90006 US

$1,850,000

Active Listing ID 24-436835
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12 bed
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Lot: 0.17 Acres
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Other

$1,850,000

Active Listing ID 24-436835
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1215 Elden Ave Amazing investment opportunity at 1215 Elden Ave! This multifamily property features 7 units across two well maintained buildings, including a front building with 6 x 1 Bed+1 Bath units and a spacious 6-bed + 6-bath single-family residence in the back. The back single-family home has been extensively rebuilt from the ground up with new engineering design and permits completed in 2017/2018. The front building electrical wiring installed in 2015, and 4 out of the 6 units have been beautifully remodeled in 2017/2018. With a gross operating income of approximately $164K and a NOI of $111K, this property offers a solid 5.7% CAP rate and 11.9 GRM, showcasing strong income potential with significant upside and value-add opportunities. Situated in the prime Koreatown area, residents will enjoy a vibrant neighborhood filled with trendy restaurants, nightlife, and easy access to public transportation.

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Property Features

  • Facts
  • Lot Size: 0.17 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Floor Covering: Laminate, Tile
  • Roof Type: Flat, Shingle
  • Heating Fuels: Central Furnace

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 1850000
  • unparsedaddress: 1215 Elden Ave
  • postalcity: Los Angeles
  • stateorprovince: CA
  • country: US
  • postalcode: 90006
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.1722
  • lotsizeunits: Acres
  • lotsizearea: 0.1722
  • livingarea: 5758
  • livingareaunits: Square Feet
  • latitude: 34.048566
  • longitude: -118.288036
  • listagentfullname: Kevin Danialifar
  • listagentemail: KDaniali7@gmail.com
  • listagentkey: 3yd-CLAWCA-C124791
  • listagentmlsid: C124791
  • listagentpreferredphone: 3104326400
  • listagentofficephone: 3104326400
  • listofficekey: 3yd-CLAWCA-X74054
  • listofficemlsid: X74054
  • disclaimer: Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: CLAWCA
  • yearbuilt: 1908
  • listingcontractdate: 2024-09-09
  • listagenturl: http://beverlyhills.yourkwoffice.com/home
  • countyorparish: Los Angeles
  • parcelnumber: 5076-018-008
  • constructionmaterials: Stucco
  • flooring: Laminate, Tile
  • heating: Central Furnace
  • numberofunitstotal: 7
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 9
  • parkingfeatures: Driveway
  • roof: Flat, Shingle
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • architecturalstyle: Cape Cod
  • rooms: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -118.28803, 34.048565
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"KELLER WILLIAMS BEVERLY HILLS REALTY", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"KDaniali7@gmail.com", "ListBrokerageCity":"Beverly HIlls", "ListBrokerageCountry":"US", "ListBrokerageEmail":"broker@kwbeverlyhills.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/CLAWCA/ab7ef7b1064111df91e100219b994c72/20100121131028091.jpeg", "ListBrokerageName":"KELLER WILLIAMS BEVERLY HILLS REALTY", "ListBrokeragePhone":"(310) 432-6400", "ListBrokeragePostalCode":"90210", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":"Suite 300", "ListBrokerageUnparsedAddress":"439 N Canon Drive", "ListBrokerageWebsiteUrl":"http://beverlyhills.yourkwoffice.com/home", "ListOfficeAddress1":"439 N. Canon Dr.", "ListOfficeAddress2":"Suite 300", "ListOfficeBrokerMlsId":"C130596", "ListOfficeCity":"Beverly Hills", "ListOfficeCountry":"US", "ListOfficeEmail":"broker@kwbeverlyhills.com", "ListOfficePostalCode":"90210", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"Cape Cod, Residential Income - Los Angeles, CA", "ListingURL":"https://listings.listhub.net/pages/CLAWCA/24-436835/?channel=rexren", "MLSModificationTimestamp":"2024-11-12T15:44:28Z", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 11/13/2024 4:32:00 PM GMT
Source Updated Date: 12/26/2024 6:52:58 AM GMT

Courtesy of: Kevin Danialifar, Keller Williams Beverly Hills, KDaniali7@gmail.com

Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.