1041 Elden Avenue

Los Angeles, CA 90006

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.

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.

Features and Additional Information

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$2,200,000 Active
5,991 sqft

Presented By Coldwell Banker Home Source

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Get in touch today! Phone: 1-760-684-8100
License #01902736
Brokerage
Christie's International Real Estate SoCal
1-424-249-7162
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Area Information

C17 Mid Wilshire | Los Angeles County |

$ 2,200,000
This listing is play_arrow 187.6% higher than the average in the area
$ 765,000 in the area
5,991 SqFt
This listing is play_arrow 402.6% larger than the average in the area
1,192 SqFt in the area
$ 367 $/SqFt
This listing is play_arrow 42.8% less than the average in the area
$ 642 $/SqFt in the area
79 days on site
This listing is play_arrow 107.9% above the average in the area
38 days on site in the area

Schools in the Area

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    Elementary School
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Listed By John C. Pak
Brokerage: Christie's International Real Estate SoCal

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