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976 Elden Avenue

Los Angeles, CA 90006

– beds
– baths
– sqft
~1/2 acre lot
1990 build
– on site

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 (18) two-bedroom / two-bathroom units, and (2) 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 & 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.

Listed By CRMLS_CA / Yeou-Shu Wang / IRN Realty / 626-327-4881

Last checked: Checking… • Last updated Mar 20, 2025 •

MLS# AR25059023 —

The Building

Year Built:

1990
Year Built Source:

Assessor
New Construction:

No
Building Area Total:

17544.00
Building Area Units:

Square Feet
Total Number Of Units:

20
# of Buildings:

1
Stories Total:

2
Entry Level:

1
Common Walls:

2+ Common Walls
# of Separate Gas Meters:

20
# of Separate Water Meters:

1
# of Separate Electric Meters:

20

Interior

Levels:

Two
Entry Location:

on street
Flooring:

Laminate, See Remarks
Number Wall AC:

20
Fireplace:

No
Fireplace:

None
Laundry:

Community
Laundry:

1

Location

Directions:

North of Olympic Blvd.
Latitude:

34.05305700
Longitude:

-118.28738300

The Property

Property Type:

Residential Income
Subtype:

Apartment
Zoning:

LAR4
Lot Features:

36-40 Units/Acre
Lot Size Area:

17105.0000
Lot Size Acres:

0.3927
Lot Size SqFt:

17105.00
Lot Size Source:

Assessor
View:

None
Security Features:

Gated with Attendant, Automatic Gate, Carbon Monoxide Detector(s)
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Block:

5
Tax Census Tract:

2134.01
Tax Tract:

2134
Tax Lot:

108

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5076004023

Heating & Cooling

Heating:

1
Heating:

Central
Cooling:

Yes
Cooling:

Central Air

Utilities

Utilities:

Electricity Connected, Natural Gas Connected, Sewer Connected
Sewer:

Public Sewer
Electric:

Standard
Water Source:

Public

Appliances

Appliances:

Built-In Range
Included:

Yes

The Community

Features:

Curbs
Association:

No
Pool:

None
Senior Community:

No
Private Pool:

No
Spa Features:

None
Assessments:

Yes
Assessments:

Unknown

Parking

Parking:

Yes
Parking:

Community Structure, Converted Garage
Parking Spaces:

20.00
Garage Spaces:

20.00

Extra Units

Number With Disposal:

20
Number With Dishwasher:

20

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
3/19/25 Mar 19, 2025	Listed / Active	CRMLS_CA	$5,480,000

Multifamily For Sale

$5,480,000

Listing provided by broker:

Yeou-Shu Wang

IRN Realty

626-327-4881

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This multifamily located in Central LA, Los Angeles, CA 90006 is currently for sale for $5,480,000. 976 Elden Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 6 days. 976 Elden Avenue is in the Central LA neighborhood of Los Angeles and has a WalkScore® of 92, making it a walker’s paradise. This multifamily is in the attendance area of Ramon C Cortines School Of Visual And Performing Arts, Hoover Street Elementary School, Miguel Contreras Learning Complex - Los Angeles School Of Global Studies, Miguel Contreras Learning Complex - Acdemic Ldrshp Community, Berendo Middle School, Miguel Contreras Learning Complex - Business And Tourism, Miguel Contreras Learning Complex - School Of Social Justice, Belmont Senior High School, and Edward R. Roybal Learning Center.

Listing Courtesy of: CRMLS_CA and IRN Realty. Based on information from California Regional Multiple Listing Service, Inc. as of 16:41 on Mar 25.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.