Prime Multifamily Investment Opportunity in Los Angeles!

This 5,991 SF multifamily property at 1041 Elden Ave offers exceptional value-add potential and long-term upside in a high-demand Los Angeles location. Currently configured as 24 rooms, the property features a flexible layout suitable for investors, owner-users, or buyers looking for a strategic repositioning opportunity.

The property includes 6 bedrooms and 6 bathrooms, multiple parking spaces, and a well-located 8,703 SF lot. With LAR4 zoning and strong rental demand in the surrounding area, this asset may offer opportunities for lease optimization, property improvements, redevelopment, or adaptive reuse.

Located near major freeways, transportation corridors, retail, and everyday amenities, this property provides a strong opportunity for buyers seeking stable income potential with future appreciation. Buyer to verify zoning, land use, permits, unit count, and development potential.

🌟 Highlights

• Multifamily investment property totaling 5,991 SF

• Flexible 24-room configuration

• 6 bedrooms and 6 bathrooms

• Built in 1915

• Lot size: 8,703 SF

• Zoning: LAR4

• APN: 5076008026

• Parking total: 10 spaces

• Garage spaces: 3

• Carport and assigned parking available

• Three or more levels

• Strong rental demand and income upside

• Opportunity for lease optimization, repositioning, or property improvements

• Potential redevelopment or adaptive reuse opportunity — buyer to verify

• Convenient access to freeways, transportation, retail, and nearby amenities

• price $2,200,000
• status commercial featured
• state CA
• country US
• property type Residential Income
• area 5991
• address 1041 Elden Ave
• city Los Angeles
• zip code 90006
• property ID 26844573

• Units 6
• bathrooms 6