$2,200,000
 $11,810 est/mo Sourced by Back At You

1041 Elden Avenue,Los Angeles, CA 90006

Los Angeles, CA 90006

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Description

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.

Details

MLS #26844573
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1915
Days On Site92
Listing Provided ByChristie's International Real Estate SoCal | John C. Pak

Features

Bed(s)6
Bath(s)6
SQ Feet5,991
Garage3
Car PortYes
Units3
Building(s)2
ZoningLAR4
Acreage0.20

Interior

AppliancesRefrigerator

Parking

Parking FeaturesAssigned, Carport
Garage Yes / NoYes

Area Information

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90006
AreaC17 Mid Wilshire
Listing VS Median (in 90006)
Price:
$2,200,000
low | high
Med:
$1,382,500
87.159090909091% of Average
sqft:
5,991
low | high
Med:
3,213
96.369554331497% of Average
$ / sqft:
$367
low | high
Med:
$477
20.011107421533% of Average
On site:
92
low | high
Med:
46.5
100% of Average
Sourced by Back At You

Market Activity 90006

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Learn More About This Property

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90006
AreaC17 Mid Wilshire
Listing VS Median (in 90006)
Price:
$2,200,000
low | high
Med:
$1,382,500
87.159090909091% of Average
sqft:
5,991
low | high
Med:
3,213
96.369554331497% of Average
$ / sqft:
$367
low | high
Med:
$477
20.011107421533% of Average
On site:
92
low | high
Med:
46.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.65M - $2.75M
sqft: 4,000 - 7,000
Nearby Listings Property ImageNearby Listings Details
1118 Elden Avenue Property Photo 1
$1,995,000
1118 Elden Avenue
Los Angeles, CA 90006
Listing Updated: August 21, 2026 at 11:21:45 PM PDT