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Image 1 - 1146 S Elden Ave, Los Angeles, California, 90006 - House for sale
Image 2 - 1146 S Elden Ave, Los Angeles, California, 90006 - House for sale
Image 3 - 1146 S Elden Ave, Los Angeles, California, 90006 - House for sale
Image 4 - 1146 S Elden Ave, Los Angeles, California, 90006 - House for sale
Image 5 - 1146 S Elden Ave, Los Angeles, California, 90006 - House for sale
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Image 9 - 1146 S Elden Ave, Los Angeles, California, 90006 - House for sale
Home For Sale In Los Angeles, California
1146 S Elden Ave, Los Angeles, California, 90006

Home For Sale In Los Angeles, California

house for sale
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Listed: 03/21/24

1146 S Elden Ave, Los Angeles, California, 90006

10 Bed:
11 Bath:
12,306 Sq Ft Living Area:
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Price
$ 2,88M

About This House

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 add2-3 ADUunits 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.

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Pico-Union Housing & Living

Household Income

Median household income: $62,474
Number of households: 1,4M
The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.