Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

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    976 Elden Avenue, Los Angeles, CA 90006
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    976 Elden Avenue
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    • MLS#: AR25059023 ( Apartment )
    • Street Address: 976 Elden Avenue
    • Viewed: 2
    • Price: $5,480,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 1990
    • Bldg sqft: 0
    • Days On Market: 15
    • Additional Information
    • County: LOS ANGELES
    • City: Los Angeles
    • Zipcode: 90006
    • Provided by: IRN Realty
    • Contact: Yeou-Shu Yeou-Shu
    • California Regional MLS IDX
    • DMCA Notice
    • Description
      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.
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    Features
    Appliances
    1. Built-In Range
    Assessments
    1. Unknown
    Association Fee
    1. 0.00
    Building Area Total
    1. 17544.00
    Commoninterest
    1. Community Apartment
    Common Walls
    1. 2+ Common Walls
    Cooling
    1. Central Air
    Country
    1. US
    Days On Market
    1. 10
    Current Financing
    1. Conventional
    Electric
    1. Standard
    Electric Expense
    1. 4785.00
    Entry Location
    1. on street
    Fireplace Features
    1. None
    Flooring
    1. Laminate
    2. See Remarks
    Fuel Expense
    1. 5600.00
    Garage Spaces
    1. 20.00
    Gardner Expense
    1. 1720.00
    Heating
    1. Central
    Insurance Expense
    1. 25186.00
    Laundry Equipment Own Lease
    1. Lease
    Laundry Features
    1. Community
    Levels
    1. Two
    Lockboxtype
    1. None
    Lot Features
    1. 36-40 Units/Acre
    Netoperatingincome
    1. 177571.00
    Number Of Separate Electric Meters
    1. 20
    Number Of Separate Gas Meters
    1. 20
    Number Wallac
    1. 20
    Number With Dishwasher
    1. 20
    Number With Disposal
    1. 20
    Number With Range
    1. 20
    Parcel Number
    1. 5076004023
    Parking Features
    1. Community Structure
    2. Converted Garage
    Pool Features
    1. None
    Professionalmanagementexpense
    1. 16000.00
    Property Type
    1. Apartment
    Security Features
    1. Gated with Attendant
    2. Automatic Gate
    3. Carbon Monoxide Detector(s)
    Sewer
    1. Public Sewer
    Sourcesystemid
    1. CRM
    Sourcesystemkey
    1. 434361042:CRM
    Spa Features
    1. None
    Tenant Pays
    1. All Utilities
    Totalexpenses
    1. 165305.00
    Trash Expense
    1. 10051.00
    Utilities
    1. Electricity Connected
    2. Natural Gas Connected
    3. Sewer Connected
    View
    1. None
    Water Sewer Expense
    1. 26878.00
    Water Source
    1. Public
    Year Built
    1. 1990
    Year Built Source
    1. Assessor
    Zoning
    1. LAR4
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836