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1215 Elden Ave
Los Angeles, CA 90006

$1,850,000 USD

Apartments For Sale • 5,758 SF

Property Details

Property Type Apartments
Total Building Size 5,758 SF
Lot Size 0.17 AC
Building Class C
Year Built 1908
Cap Rate 6.01 %
Zoning R4

71 Transit Score

90 Walk Score

                
                    Highlights
                
                                Back Home: Rebuild with new engineering design in 2018
                            
                                Front Building: 4 units fully remodeled, New electric meters and new wiring in 2018 
                            
                                6% CAP rate and 11.9 GRM
                            
                                Location: Prime Koreatown
                            
                                Opportunity Zone

Property Flyers

OM_1215 Elden Ave _090324 RF

JL Eblast_1215 Elden_090324

Financial Summary (Actual)

Net Operating Income: $110,979 USD (2023)

Cap Rate:	6.01 %
Total Expenses:	$48,058 USD

Amenities

24 Hour Access
Microwave
Kitchen
Refrigerator
Oven
Range
Tub/Shower

Public Transportation

Commuter Rail	Drive	Walk	Distance
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak)	9 min	-	4.0 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	11 min	-	4.2 mi
Transit/Subway	Drive	Walk	Distance
Westlake/Macarthur Park Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro))	2 min	20 min	1.1 mi
Airport	Drive	Walk	Distance
Los Angeles International	23 min	-	13.5 mi
Bob Hope	23 min	-	13.5 mi
Long Beach (Daugherty Field)	31 min	-	22.7 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	9
Type:	Surface
Included in Rent:	Yes

Kevin Daniali 310-598-0011 Keller Williams Beverly Hills

1215 Elden Ave Los Angeles, CA 90006