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.
| MLS # | 26844573 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1915 |
| Days On Site | 92 |
| Listing Provided By | Christie's International Real Estate SoCal | John C. Pak |
| Bed(s) | 6 |
|---|---|
| Bath(s) | 6 |
| SQ Feet | 5,991 |
| Garage | 3 |
| Car Port | Yes |
| Units | 3 |
| Building(s) | 2 |
| Zoning | LAR4 |
| Acreage | 0.20 |
| Appliances | Refrigerator |
|---|
| Parking Features | Assigned, Carport |
|---|---|
| Garage Yes / No | Yes |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90006 |
| Area | C17 Mid Wilshire |
| Listing VS Median (in 90006) | |
Price: $2,200,000 low | high Med: $1,382,500 sqft: 5,991 low | high Med: 3,213 $ / sqft: $367 low | high Med: $477 On site: 92 low | high Med: 46.5 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90006 |
| Area | C17 Mid Wilshire |
| Listing VS Median (in 90006) | |
Price: $2,200,000 low | high Med: $1,382,500 sqft: 5,991 low | high Med: 3,213 $ / sqft: $367 low | high Med: $477 On site: 92 low | high Med: 46.5 | |
![]() | $1,995,0001118 Elden AvenueLos Angeles, CA 90006 |