Courtesy of: James Kim 01474579 | Keller Williams Exclusive Properties
Purchase Type: Sale
MLS ID: 221002593VC
Days On Market: 122
Property Type: Residential Income
Property Subtype: Apartment Building
New Construction: No
Swimming Pool: No
Has Waterfront: No
Address: 1215 Elden AVE
County: Los Angeles
City: Los Angeles
5.7% CAP in-place actual. Value-Add Opportunity with Below Market Rents. 7 UNITS PER TITLE featuring 12 income generating units. All 1 bedroom or studio units; and each unit has its own bathroom. 9 total parking spaces (6 assigned parking spaces plus 3 common parking spaces). This is a great investment opportunity featuring a robust net operating income (NOI). Two buildings (Building 1 is a six unit apartment building. Building 2 is a SFR building). High demand and desirable Koreatown Los Angeles. Located west of Downtown L.A. and its financial district and south of Hollywood, the hip neighborhood Koreatown is one of the most diverse neighborhoods in Los Angeles. Encompassing roughly 3 square miles, the area was once the epicenter of Golden Age Hollywood. K-town is also known for having one of the largest concentration of nightclubs and 24-hour businesses and restaurants in the country. Colleges nearby, including UCLA, USC, Southwestern Law School, and Mount St. Mary's College. This is a rare gem in LA. R4 High Medium Residential. Multiple Dwelling Zone. EZ Enterprise Zone.
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