Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

3

Building size

5,991 sqft

Lot size

8,703 sqft

Year built

1915

Stories

0

Garage spaces

3

Status

Active

Days on market

8

MLS #

243465525

About this property

Prime investment opportunity at 1041 Elden offering exceptional value-add potential and long-term upside. Currently configured as 24 rooms, this property features a flexible layout suitable for a variety of uses, making it ideal for both investors and owner-users. Strategically located in a high-demand submarket with convenient access to major freeways, transportation corridors, retail, and surrounding amenities. The property benefits from strong rental demand and provides an opportunity to increase income through lease optimization, repositioning, and property improvements. Additionally, this asset presents a rare opportunity for redevelopment or adaptive reuse. Positioned on a well-located parcel within a growing area, investors and developers can capitalize on future appreciation and maximize value through new construction or reconfiguration. Buyer to verify zoning, land use, permits, and development potential. Excellent opportunity for investors seeking stable cash flow with upside, as well as developers looking for a strategic project in a desirable location.

Location

1041 Elden Avenue

Los Angeles, Los Angeles, CA, 90006