956 S Elden Avenue
Los Angeles, CA 90006
MLS #16172210

Income
  • 14units
  • 13,924sq ft
Active Under Contract $3,350,000
Est. P&I payment: $12794.73/mo
956 S Elden Avenue, Los Angeles, CA 90006
  • 956 S Elden Avenue, Los Angeles, CA 90006 Photo 1
  • 956 S Elden Avenue, Los Angeles, CA 90006 Photo 2
  • 956 S Elden Avenue, Los Angeles, CA 90006 Photo 3
  • 956 S Elden Avenue, Los Angeles, CA 90006 Photo 4
  • 956 S Elden Avenue, Los Angeles, CA 90006 Photo 5
  • 956 S Elden Avenue, Los Angeles, CA 90006 Photo 6
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Description for 956 S Elden Avenue, Los Angeles, CA 90006
Well maintained investment apartment building in Heart of K town. About 2/3 of total units are remodeled or upgrade kitchen and/or floor and/or bathroom/bedroom. Very spacious size unit, not comparable size to a newly building small size unit. Low rent to make upside potential. Coin Laundry machines for tenants are leased from leasing company. -- received certain commission. Extra parking spaces & larger size (each unit) comparing to other apt buildings. EASY MAINTENANCE & LOW COST DUE TO NO RESIDENTIAL MANAGER REQUIRED. NO ELEVATOR & POOL.Please drive thru only, and do not contact the tenants without listing agent. Contact a Listing Agent's email address or send the text-message for further information & rent toll. (UNIT #15--2 bed + 2bath current rent $1420,00)
MLS #16172210
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My Notes for MLS #16172210

General Features

  • Number Of Buildings: 1
  • Number Of Units Total: 14
  • Year Built: 1963
  • Zoning: LAR4
  • Improvements Amount: 1,015,250
  • Land Value: 1,116,775

Exterior Features

  • Construction Materials: Stucco
  • Stories Total: 3
  • Lot Size SqFt: 10,319
  • Lot Size Units: Square Feet
  • Direction Faces: West
  • Parking YN: 1
  • Parking Features: Side by Side

Interior Features

  • Levels: Three Or More

Utility Features

  • Laundry YN: 1
  • Laundry Features: In Garage
  • Appliances YN: 1
  • Appliances: Garbage Disposal,​Dishwasher

Financial Features

  • Electric Expense: 13,233
  • Insurance Expense: 6,200
  • Maintenance Expense: 5,566
  • Net Operating Income: 128,914
  • Other Expense: 1,728
  • Price Per SqFt: 240.59
  • Total Expenses: 75,592
  • Trash Expense: 4,568
  • Gardner Expense: 1,800
  • Gross Multiplier: 17
  • Gross Operating Income: 204,506
  • Pest Control Expense: 1,635
  • Tenant Pays: Electricity,​Gas

Miscellaneous Features

  • Building Area Total: 13,924
  • Days On Market: 138
  • Special Listing Conditions: Standard
  • Cumulative Days On Market: 138

Location

 
Street View Not Available
Directions to 956 S Elden Avenue, Los Angeles, CA 90006
North of Olympic, Between Vermont & Hoover St.
Listing information for 956 S Elden Avenue, Los Angeles, CA 90006 was graciously provided by our friends at the listing brokerage, Realtex Properties and by listing agent Jung Andrew DRE# 01103025

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P&I Payment $12794.73
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Last Updated 04/21/2018 at 6:21am
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