Properties
Los Angeles, CA 90006 1041 Elden Avenue
$1,975,000
19 more
Presented By: Christina Kim with Christina Kim, Broker; 714-422-7272
Full/Half Baths • 4 / 1
SQFT • 5,991
Garage • 3
Home Details
Income-generating triplex in prime Koreatown near USC & Downtown LA provides substantial income and/or offers a redevelopment opportunity. 8700 sq ft lot with R4 zoning. This gated triplex offers 24 total bedrooms — the front home features 21 bedrooms and the two rear units above a 3 car garage provide an additional 3 bedrooms (total 24 bedrooms).
The property includes 10 parking spaces (including the 3-car garage), on-site laundry, and low-maintenance appeals, making it ideal for both investors and owner occupants. Currently 6 rooms vacant, offering immediate rental income potential. Perfect for those looking to live in one unit and rent out the others, or developers seeking a high demand multifamily or apartment project in a prime Koreatown location. Drive by only — do not disturb tenants. Showings by appointment.
Presented By: Christina Kim with Christina Kim, Broker; 714-422-7272
Interior Features for 1041 Elden Avenue
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)Yes
Common WallsNo Common Walls
FlooringLaminate
Heating Y/NYes
Laundry FeaturesLaundry Room
Total Stories3
Other Rooms
Entry Level1
General for 1041 Elden Avenue
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
CityLos Angeles
Community FeaturesSidewalks
ContingencySubject to interior inspection
CoolingWall/Window Unit(s)
CountyLos Angeles
DirectionsEast of Hoover St / 3 blocks East of Vermont & Olympic
Electric Expense9600
Entry LocationFront door
Fuel Expense3000
Garage Spaces3
Garage Y/NYes
Gross Income15000
HeatingWall Furnace
Insurance Expense6644.4
Land Lease Y/NNo
Listing TermsCash, Cash to New Loan, Conventional
Lot Size Square Feet8700
Lot Size UnitsSquare Feet
MLS AreaC17 - Mid-Wilshire
Net Operating Income12000
New ConstructionNo
Number Of Units Total3
Operating Expense3000
Pool FeaturesNone
PossessionClose Plus 2 Days
PostalCityLOS ANGELES
Property Attached Y/NNo
Property Sub Type AdditionalTriplex
Property SubtypeTriplex
Property TypeResidential Income
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot136
Trash Expense1200
Water Sewer Expense6600
Year Built1915
Year Built SourceAssessor
Exterior for 1041 Elden Avenue
Building Area Total5991
Lot Features0-1 Unit/Acre
Lot Size Acres0.1997
Lot Size Area8700
Lot Size SourceAssessor
Number of Buildings3
Number of Separate Electric Meters3
Number of Separate Gas Meters1
Number of Separate Water Meters1
Private PoolNo
Total Parking10
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
