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$2,200,000   Price Analysis
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1215 Elden Ave
Los Angeles, CA 90006
12 bed 12 bath 5,758 SqFt ($382/SqFt)
7,503SqFt lot. Built 1908
Listed 2024-02-20, Taxes $13,603
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

This 7-unit property is in a GREATE LOCATION in Los Angeles.

7 minutes from the famous LA Coliseum, USC, Downtown LA. Clos to major freeways. The first building has all 1 bedroom 1 bath 6 units and the back building has 6 bedrooms, each with its own bathroom and 9 total parking spaces.

The property is located west of Downtown L.A. and the hip neighborhood of Koreatown is one of th e most diverse neighborhoods in Los Angeles. Zoning is R4 Multiple Dwelling Zone.


Presented by Jeffrey Park at
NEW STAR REALTY & INVESTMENTS.
Listing Agent Photo

Property MLS #24-358809 from TheMLSCLAW

Bedrooms: 12

Total Bathrooms: 12
Full Bathrooms: 12

Cooling Features: Central, Wall/Window
Heating Features: Wall, Central

Lot Size Acres: 0.1722452
Lot Size Dimensions: 50x150
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 7503

Garage Description: Gated
Parking Total: 9

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 2
Number of Units: 7
Unit Features: 1 BedsTotal: 1, 1 BathsTotal: 1, 1 SquareFeet: 1800, 2 BedsTotal: 1, 2 BathsTotal: 1, 2 SquareFeet: 1800, 3 BedsTotal: 1, 3 BathsTotal: 1, 3 SquareFeet: 1800, 4 BedsTotal: 1, 4 BathsTotal: 1, 4 SquareFeet: 1800, 5 BedsTotal: 1, 5 BathsTotal: 1, 5 SquareFeet: 1800, 6 BedsTotal: 1, 6 BathsTotal: 1, 6 SquareFeet: 1650, 7 BedsTotal: 6, 7 BathsTotal: 6, 7 SquareFeet: 6000

Tenant Pays: Gas, Electric, Trash

Source Listing Status: Active
County: Los Angeles
Cap Rate: 5.2
Directions: East of Vermont, between Olimpic Blvd and Pico.
Source Property Type: Residential Income
Area: Mid-Wilshire
Source Neighborhood: Mid-Wilshire
Parcel Number: 5076-018-008
Postal Code Plus 4: 3505
Zoning: LAR4
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$252,308 + $814,086
$1,066,394
$13,603
2021$247,361 + $798,124
$1,045,485
$13,414
2020$244,825 + $789,941
$1,034,766
$13,540
2019$240,025 + $774,452
$1,014,477
$13,035
2018$198,119 + $759,267
$957,386
$12,430
2017$194,235 + $744,380
$938,615
$12,132
2016$190,427 + $729,785
$920,212
$11,815
2015$187,567 + $718,823
$906,390
$11,652
2014$183,893 + $704,743
$888,636
$11,731
2013$171,622 + $657,715
$829,337
$11,039
2012$171,622 + $657,715
$829,337
$11,389
2010$167,000 + $640,000
$807,000
$11,081
2009$175,825 + $672,282
$848,107
$11,162
2009$167,000 + $640,000
$807,000
$11,162
2008$173,400 + $663,000
$836,400
$10,763
2007$96,894 + $308,583
$405,477
$5,536

Listed 2024-02-20
$2,200,000
TheMLSCLAW
Listing removed 2022-06-01
$1,980,000
CSMAR
Listing removed 2022-05-03
$1,980,000
CSMAR
Listing removed 2014-02-27
$975,000
TheMLSCLAW
Listed 2013-06-08
$975,000
TheMLSCLAW
Sold 2007-06-08
$820,000
Public Record
Sold 2007-04-25
$820,000
SoCalMLS
Listed 2007-01-18
$874,000
SoCalMLS
Listing removed 2007-01-12
$874,000
ITECH
Listed 2006-10-30
$874,000
ITECH
Listing removed 2006-08-10
$889,900
ITECH
Listed 2006-02-10
$889,900
ITECH
Listing removed 2003-04-01
$450,000
ITECH
Listed 2002-08-14
$450,000
ITECH
Listing removed 2002-07-28
$389,900
ITECH
Listed 2002-01-28
$389,900
ITECH
Sold 1992-03-31
$290,000
Public Record

Net Operating Income: 114945

Total Square Feet Living: 5758
Year Built: 1908
Levels: Two Level
Living Area Source: Vendor Enhanced
Property Age: 116
Levels or Stories: 2
Building Total Stories: 2
Year Built Source: Vendor Enhanced

Other Equipment: Range/Oven, Garbage Disposal

Leo Politi Elementary School is a public elementary school located approximately 0.2 miles away.
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Berendo Middle School is a public middle school located approximately 0.3 miles away.
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Belmont Senior High School is a public high school located approximately 1.7 miles away.
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Korean Baptist Church School is a private elementary school located approximately 0.5 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.