$1,850,000
bedrooms
12
bathrooms
0
square feet
5,758
Acreage
0.1722
Open Houses
-
year built
1908
Full Baths
0
Half Baths
0
Amazing investment opportunity at 1215 Elden Ave! This multifamily property features 7 units across two well maintained buildings, including a front building with 6 x 1 Bed+1 Bath units and a spacious 6-bed + 6-bath single-family residence in the back. The back single-family home has been extensively rebuilt from the ground up with new engineering design and permits completed in 2017/2018. The front building electrical wiring installed in 2015, and 4 out of the 6 units have been beautifully remodeled in 2017/2018. With a gross operating income of approximately $164K and a NOI of $111K, this property offers a solid 5.7% CAP rate and 11.9 GRM, showcasing strong income potential with significant upside and value-add opportunities. Situated in the prime Koreatown area, residents will enjoy a vibrant neighborhood filled with trendy restaurants, nightlife, and easy access to public transportation.
| Location | |
| Subdivision | - |
| County | Los Angeles |
| Elementary School | - |
| Middle School | - |
| High School | - |
Open houses
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MLS number: 24-436835
Listing agent:
Kevin Danialifar
Listing broker:
Keller Williams Beverly Hills Realty
(310) 432-6400
Copyright © 2025 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Wednesday, January 1 2025 at 3:05 a.m. EST
Kotohomes National