Sold for $4,550,000

Listed by: IRN Realty • Yeou-Shu Wang • Contact: 626-447-5100

Bought with: None MRML

$4,550,000

976 Elden Ave, Los Angeles, CA 90006

36beds

36baths

17,544sqft

Multi Family

Built in 1990

-- sqft lot

$4,515,300 Zestimate^®

$259/sqft

$3,193 Estimated rent

Home value

$4,515,300

$4.06M - $5.01M

$3,193/mo

Zestimate^® history

Owner options

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$3,193/mo

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$3,193/mo

Rent Zestimate^®

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$28,688/mo

Est. payment

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$28,688/mo

Est. payment

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What's special

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.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 36
Bathrooms: 36

Heating

Central

Cooling

Central Air

Appliances

Included: Built-In Range
Laundry: Common Area

Features

Flooring: Laminate, See Remarks
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: 2+ Common Walls

Interior area

Total structure area: 17,544
Total interior livable area: 17,544 sqft

Property

Parking

Total spaces: 20
Parking features: Converted Garage, Community Structure
Garage spaces: 20

Features

Levels: Two
Stories: 2
Entry location: on street
Pool features: None
Spa features: None
Has view: Yes
View description: None

Lot

Size: 0.39 Acres
Features: 36-40 Units/Acre

Details

Parcel number: 5076004023
Zoning: LAR4
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes

Condition

New construction: No
Year built: 1990

Utilities & green energy

Electric: Standard
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected

Community & HOA

Community

Features: Curbs
Security: Carbon Monoxide Detector(s), Security Gate, Gated with Attendant

Location

Region: Los Angeles

Financial & listing details

Price per square foot: $259/sqft
Date on market: 3/19/2025
Cumulative days on market: 75 days
Listing terms: Cash to New Loan
Tenant pays: All Utilities

Price history

Date	Event	Price
7/1/2025	Sold	$4,550,000-17%$259/sqft
Source: CRMLS #AR25059023 Report a problem
6/27/2025	Pending sale	$5,480,000$312/sqft
Source: CRMLS #AR25059023 Report a problem
3/19/2025	Listed for sale	$5,480,000$312/sqft
Source: CRMLS #AR25059023 Report a problem