#SB25089486, Cameron Samimi, Listing Office: Lyon Stahl Investment Real Estate, Inc.

976 Elden Ave Los Angeles, CA 90006
Property details
About 976 Elden Ave
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.
Highlights
Summary
- Appliances: Range
- Flooring Type: Laminate, See Remarks
- Fireplace: None
- Garage Space: 20 spaces
- Private Pool: No
- Parking: Converted Garage, Community Structure
- Heating: Central
- Cooling: Central Air
- List Price: $5,480,000
- Annual Tax Amount: $37,964
- Tax Year: 2024
- Directions: North of Olympic Blvd.
- Year Built: 1990
- Stories: 2
- Lot Size: 0.3927 Acres
- MLS Number: AR25059023
- MLS Name: CRMLS
- Office Name: IRN Realty
- Office Phone: (626) 327-4881
- Listing Agent: Yeou-Shu Wang
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/6/2025, 3:20:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$5,480,000
976 Elden Ave
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $2,958,095 | $37,964 |
2023 | $2,900,133 | $37,264 |
2022 | $2,843,308 | $35,601 |
2021 | $2,787,597 | $35,086 |
2020 | $2,757,035 | $34,074 |
2019 | $2,702,976 | $33,784 |
2018 | $2,649,977 | $33,040 |
2017 | $2,598,018 | $33,040 |
History based on county public records data.
Nearby schools
2
Politi Elementary School
Public District KG-5
0.1 mi
•2481 W 11th St
7
Hoover Street Elementary
Public District KG-5
0.3 mi
•2726 Francis Ave
4
MacArthur Park Elementary School
Public District KG-5
0.5 mi
•2300 W 7th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $36,767. Residents of Los Angeles, CA typically earn between $35k-100k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
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Frequently asked questions
About 976 Elden Ave
The listing price of 976 Elden Ave property is $5,480,000.
The property 976 Elden Ave is a condo located in Los Angeles, California, 90006.
Active Listing: 976 Elden Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 976 Elden Ave are: Politi Elementary School (GreatSchools Rating 2/10), Hoover Street Elementary (GreatSchools Rating 7/10), MacArthur Park Elementary School (GreatSchools Rating 4/10), Equitas Academy #2 (GreatSchools Rating 5/10), Monsenor Oscar Romero Charter Middle School (GreatSchools Rating 2/10), Berendo Middle School (GreatSchools Rating 4/10), University Preparatory Value High School (GreatSchools Rating 6/10), RFK Community Schools - New Open World Academy (GreatSchools Rating 4/10), Harold Mcalister High (Opportunity) (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $37,964 (source: MLS/based on county public records data).
The property at 976 Elden Ave has 0 bathroom.
The year of construction for 976 Elden Ave is 1990.
This home is located at 976 Elden Ave in Los Angeles, CA and zip code 90006 in the Central LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since March 19, 2025 and is currently priced at $5,480,000.
In April 2025, from all listings sold in Los Angeles, CA there were more than 395 sold above asking price, over 328 sold below and more than 148 were sold right at the asked price. The number of homes for sale in Los Angeles, CA increased by 10.2% between March and April 2025. While the average time on the market in April 2025 was 36 days, the median list price was $896,516.