S
Seller's Agent in 2025
Susan Wang
IRN Realty
(626) 327-4881
1 in this area
17 Total Sales
976 Elden Ave Los Angeles, CA 90006
Westlake Neighborhood
3
Beds
3
Baths
17,544
Sq Ft
0.39
Acre Lot
Highlights
- Gated with Attendant
- No HOA
- Central Heating and Cooling System
- 0.39 Acre Lot
- Converted Garage
About This Home
As of July 2025Excellent Investment Opportunity in a Fantastic Mid-Wilshire location closed to Koreatown. Built in 1990, Lot Size 17,105 Sq. Ft. Living Area 17,544 Sq. Ft. 976 Elden Ave is not subject to Los Angels City Rent Control and is subject to AB 1482 State Rent Control allowing for higher annual increases. Great potential for increased rents. This 20 units apartment complex offers (16) two-bedroom / two-bathroom units, and (4) one-bedroom / one-bathroom units. with 20 gated access parking spaces in garage. Each unit has its own Central A/C & Heater. Some of units has been upgraded and remodeled. The building has re-roofed in July 2020 & boiler/water storage tank were replaced in July 2023. 976 Elden Ave presents investor a unique opportunity to attain a 1990's constructed asset in a dense infill Mid-Wilshire location.
Last Agent to Sell the Property
IRN Realty Brokerage Phone: 626-327-4881 License #01055458 Listed on: 03/19/2025
Last Buyer's Agent
NONE NONE
None MRML License #N/A
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1990
Lot Details
- 17,105 Sq Ft Lot
- Two or More Common Walls
- Density is 36-40 Units/Acre
Parking
- 20 Car Garage
- Converted Garage
- Parking Available
- Automatic Gate
- Community Parking Structure
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 17,544 Sq Ft Home
- 2-Story Property
- Laminate Flooring
- Carbon Monoxide Detectors
- Built-In Range
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Laundry
- Laundry in unit
- Leased Washer and Dryer
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
Listing and Financial Details
- Tenant pays for all utilities
- Legal Lot and Block 108 / 5
- Tax Tract Number 2134
- Assessor Parcel Number 5076004023
- $2,480 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 20 Units
Building Details
- 20 Leased Units
- 21 Separate Electric Meters
- 21 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $4,785
- Fuel Expense $5,600
- Gardener Expense $1,720
- Insurance Expense $25,186
- Professional Management Expense $16,000
- Trash Expense $10,051
- Water Sewer Expense $26,878
- Operating Expense $191,272
- Gross Income $362,786
- Net Operating Income $171,514
Additional Features
- Laundry Facilities
- Gated with Attendant
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 19, 2025
Closed on
May 22, 2025
Sold by
Bought by
Seller's Agent
Susan Wang
IRN Realty
Buyer's Agent
NONE NONE
None MRML
List Price
$5,480,000
Sold Price
$4,550,000
Premium/Discount to List
-$930,000
-16.97%
Views
16
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,300,000
Interest Rate
0.0681%
Mortgage Type
New Conventional
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $4,500,000 | Wfg National Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $2,300,000 | ||
| Previous Owner | $450,000 | ||
| Previous Owner | $490,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/01/2025 07/01/25 | Sold | $4,550,000 | -17.0% | $259 / Sq Ft |
| 06/02/2025 06/02/25 | Pending | -- | -- | -- |
| 03/19/2025 03/19/25 | For Sale | $5,480,000 | -- | $312 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $38,530 | $3,015,216 | $1,057,514 | $1,957,702 |
| 2024 | $37,964 | $2,956,095 | $1,036,779 | $1,919,316 |
| 2023 | $37,264 | $2,898,133 | $1,016,450 | $1,881,683 |
| 2022 | $35,601 | $2,841,308 | $996,520 | $1,844,788 |
| 2021 | $35,086 | $2,785,597 | $976,981 | $1,808,616 |
| 2019 | $34,074 | $2,704,976 | $948,004 | $1,756,972 |
| 2018 | $33,785 | $2,651,977 | $929,416 | $1,722,561 |
| 2016 | $32,139 | $2,547,077 | $893,327 | $1,653,750 |
| 2015 | $31,688 | $2,508,819 | $879,909 | $1,628,910 |
| 2014 | $31,909 | $2,459,675 | $862,673 | $1,597,002 |
Source: Public Records
Agents Affiliated with this Home
-
Susan Wang
-
N
Buyer's Agent in 2025
NONE NONE
None MRML
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR25059023
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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. Properties may or may not be listed by the office/agent presenting the information
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