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Investment Highlights

  • Configured as 24 rooms - 9 baths
  • 5,991 SF 8,703 SF R4 TOC Tier 3
  • 3 Unit

Executive Summary

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.

Property Facts

Price $2,200,000
Price Per Unit $733,333
Sale Type Investment
No. Units 3
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.19 AC
Building Size 5,991 SF
No. Stories 3
Year Built 1915
Parking Ratio 1.17/1,000 SF
Opportunity Zone Yes
Zoning R4 - R4-1 TOC Tier 3
Very walkable
80/100
Moderately drivable
70/100
Exceptional public transit
90/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
5076-008-026
Land Assessment
$295,451
Improvements Assessment
$384,090
Total Assessment
$679,541
  • Listing ID: 40857132

  • Date on Market: 6/9/2026

  • Last Updated:

  • Address: 1041 Elden Ave, Los Angeles, CA 90006

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