1118 Elden Avenue

    Los Angeles (City), CA 90006
    • $2,200,000
    • STATUS: Active
    • ON SITE: 47 days
    • ID#: 19504434
    UPDATED: 21 min ago
    $2,200,000
    • 0
      BEDS
    • 0.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,890
      SQFT
    • $450
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1913
    County:

    School Ratings & Info

    Description

    Completely remodeled 5 unit apartment between Korea Town and Los Angeles Downtown. The lot is larger than the one in average 5 unit apartment, thus, the property boasts of huge parking lot giving 9 parking spaces. Great Hardwood floor and second floors gives a comfortable balcony area. All 5 units of 4 Two Bed and Two Bath and 1 studio room are rent out. Proof of fund including a loan pre-approval letter have to accompany an offer.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-14T23:32:26.113. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or J1 REALTY GROUP. Licensed in the State of California, USA.
    www.j1re.com/homes/98394469

    1118 Elden Avenue Los Angeles (City), CA 90006

    • Price: $2,200,000
    • Status: Active
    • Updated: 21 min ago
    • ID#: 19504434
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.19
    Acres
    4,890
    SQFT
    $450
    $/SQFT
    1913
    Built
    Neighborhood:
    C17 - Mid-Wilshire
    County:
    Los Angeles
    Area:
    C17 - Mid-Wilshire
    Property Description
    Completely remodeled 5 unit apartment between Korea Town and Los Angeles Downtown. The lot is larger than the one in average 5 unit apartment, thus, the property boasts of huge parking lot giving 9 parking spaces. Great Hardwood floor and second floors gives a comfortable balcony area. All 5 units of 4 Two Bed and Two Bath and 1 studio room are rent out. Proof of fund including a loan pre-approval letter have to accompany an offer.
    Exterior Features

    Entry Location Ground Level With Steps Lot Size Units Square Feet Parking Features AssignedAuto Driveway GateGated Parking YN Yes

    Interior Features

    Appliances Counter TopGas CookingRefrigerator Appliances YN Yes Cooling Central Air Cooling YN Yes Flooring Wood Room Type Walk-In Closet

    Property Features

    Electric Expense 960.00 Fuel Expense 240.00 Gross Income 8509.00 Gross Multiplier 17.30 Gross Operating Income 127152.00 Gross Scheduled Income 127152.00 Gross Spendable Income 102107.00 Improvements Amount 350000 Insurance Expense 3000.00 Land Value 1040000 Net Operating Income 119952.00 Special Listing Conditions Standard Total Expenses 7200.00 Water Sewer Expense 1800.00 Zoning Lar4

    Listing provided courtesy of Kenny Yoo of Wilshire Realty & Investment,


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-14T23:32:26.113. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or J1 REALTY GROUP. Licensed in the State of California, USA.
     
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