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1146 S Elden Ave, Los Angeles, CA, 90006

$2,880,000

10 Bedrooms
11 Baths
12,306 SqFt
$234/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ParkingAssigned, Controlled Entrance, Concrete, Door-Multi, Driveway, Garage, Garage Door Opener, Private, One Space, Shared Driveway, On Street, Side By Side, Uncovered
Attached Garage4 spaces
Year Built1923
FireplaceNone
ViewCity Lights
MLS #24368016
Lot Size0.32 Acres
StatusActive

About 1146 S Elden Ave

Highly sought after turnkey investment located just south of Olympic Blvd. This 11-unit apartment building complex, built in 1923 has many value add opportunities. With 65% upside in rental income this is an investors dream. A great unit mix consisting of 6 one-bedroom units, 4 two-bedroom units, and one studio unit. With 2 separate parking structures any savvy investor could add 2-3 ADU units adding even more value to this asset. The utilities are separately mattered for gas and electricity. Located in a highly tenant competitive rental market in Koreatown with a walk score of 91.

Property Details

Property Features

Property Information:

  • Year Built: 1923
  • Stories: 2
  • Living Area: 12,306 SqFt

Listing Office:

  • Office Name: Keller Williams Beverly Hills
  • Office Phone: (310) 432-6400
  • Listing Agent: Jacob Kesherim

Interior Features

Interior Information:

  • Fireplace: None

Bedroom and Bathroom Information:

  • Total Bedroom Count: 10

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City Lights

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: Yes
  • Parking: Assigned, Controlled Entrance, Concrete, Door-Multi, Driveway, Garage, Garage Door Opener, Private, One Space, Shared Driveway, On Street, Side By Side, Uncovered

Lot Features

Lot Information:

  • Lot: Lawn, Landscaped, Rectangular Lot
  • Lot Size: 0.32 Acres

School Info

Assigned Schools Information:

  • Belmont Senior High School, Public District Grades 9-12
  • Contreras Learning Center-Los Angeles School of Global St, Public District Grades 9-12
  • Contreras Learning Center-School of Social Justice, Public District Grades 9-12
  • Berendo Middle School, Public District Grades 6-8
  • Studio, Public District Grades 6-8
  • Leo Politi Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: West of Hoover St, East of Western Ave, North of Pico Blvd, & South of Olympic Blvd

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,880,000
  • Price Per SqFt: $234/SqFt
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

1146 S Elden Ave vs Los Angeles

45 DAYS ON ROCKET

+11 Days

$2,880,000

+$1.8M More

$234/SqFt

-$398 Less

KEY TAKEAWAY

This property is $1.8M more than the Median Sold Price and $398/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24368016

Listing Office:

  • Office Name: Keller Williams Beverly Hills
  • Office Phone: (310) 432-6400
  • Listing Agent: Jacob Kesherim

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/3/2024, 2:20:40 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$14.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$8,701

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5367981
3
/10
  • Leo Politi Elementary School

  • 2481 W 11th St

  • 0.12 miles

  • Public District Grades KG-5

school-card-donut-5367982
8
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 4.07 miles

  • Public Magnet Grades KG-6

school-card-donut-5367983
9
/10
  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 22.51 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-5367984
3
/10
  • Berendo Middle School

  • 1157 S Berendo St

  • 0.43 miles

  • Public District Grades 6-8

school-card-donut-5367985
4
/10
  • Studio

  • 2211 W Avenue 30

  • 4.81 miles

  • Public District Grades 6-8

High School

school-card-donut-5367986
2
/10
  • Belmont Senior High School

  • 1575 W 2nd St

  • 1.55 miles

  • Public District Grades 9-12

school-card-donut-5367987
1
/10
  • Contreras Learning Center-Los Angeles School of Global St

  • 322 Lucas Ave

  • 1.65 miles

  • Public District Grades 9-12

school-card-donut-5367988
2
/10
  • Contreras Learning Center-School of Social Justice

  • 322 Lucas Ave

  • 1.65 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,318. Most Los Angeles, CA residents have annual incomes less than $35k. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1146 S Elden Ave

What is the listing price of this property?

The listing price of 1146 S Elden Ave property is $2,880,000.

What type of property is this?

The property 1146 S Elden Ave is a house located in Los Angeles, California, 90006.

Is this property for sale now?

Active Listing: 1146 S Elden Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1146 S Elden Ave are:
Leo Politi Elementary School: GreatSchools Rating 3/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Berendo Middle School: GreatSchools Rating 3/10
Studio: GreatSchools Rating 4/10
Belmont Senior High School: GreatSchools Rating 2/10
Contreras Learning Center-Los Angeles School of Global St: GreatSchools Rating 1/10
Contreras Learning Center-School of Social Justice: GreatSchools Rating 2/10

How many bedrooms and bathrooms does this property have?

The property at 1146 S Elden Ave has 10 bedrooms and 11 bathrooms.

What is the square footage of this property?

The property 1146 S Elden Ave is 12,306 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1146 S Elden Ave is 1923.
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Rocket HomesCaliforniaLos Angeles CountyLos Angeles900061146 S Elden Ave

This home is located at 1146 S Elden Ave in Los Angeles, CA and zip code 90006 in the Central LA neighborhood. This 12,306 square foot home, which was built in 1923, sits on a 0.32 acre lot. Features: 10 bedrooms, 11 bathrooms. It has been listed on Rocket Homes since March 18, 2024 and is currently priced at $2,880,000.

In April 2024 more than 701 listings in Los Angeles, CA were sold above the asking price. During the same period more than 204 listings were sold at asking price, while more than 629 were sold below. Between March 2024 and April 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 14.9%. In April 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $986,427.

From Rocket Homes Real Estate and based on county public records data.

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