1041 Elden Ave - Apartments FOR SALE


Los Angeles, CA 90006- Harvard Heights
$2,200,000 USD
213-219-7676
1041 Elden Ave, Los Angeles, CA for Sale
$2,200,000 USD
Apartments - FOR SALE
1/12
null | Request Cap Rate

1041 Elden Ave
Los Angeles, CA 90006
Harvard Heights


HIGHLIGHTS

  • Configured as 24 rooms - 9 baths
  • 3 Unit
  • 5,991 SF 8,703 SF R4 TOC Tier 3

OVERVIEW

Prime investment opportunity at 1041 Elden offering exceptional value-add potential and long-term upside. Currently configured as 24 rooms, this property features a flexible layout suitable for a variety of uses, making it ideal for both investors and owner-users. Strategically located in a high-demand submarket with convenient access to major freeways, transportation corridors, retail, and surrounding amenities. The property benefits from strong rental demand and provides an opportunity to increase income through lease optimization, repositioning, and property improvements. Additionally, this asset presents a rare opportunity for redevelopment or adaptive reuse. Positioned on a well-located parcel within a growing area, investors and developers can capitalize on future appreciation and maximize value through new construction or reconfiguration. Buyer to verify zoning, land use, permits, and development potential. Excellent opportunity for investors seeking stable cash flow with upside, as well as developers looking for a strategic project in a desirable location.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$367 USD /SF

# OF UNITS

3

PRICE/UNIT

$733,333

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3 Unit - 5,991 SF 8,703 SF R4 TOC Tier 3

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1915

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,399 SF

ZONING

R4

APN/PARCEL ID

5076-008-026

ASK ABOUT THIS PROPERTY

John PakJP | John Pak Luxury Real Estate | Christie's International Real EstateMore Info
213-219-7676

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John PakJP | John Pak Luxury Real Estate | Christie's International Real EstateMore Info
213-219-7676

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.