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Remodeled Apartment Building
For Sale
$1,995,000

1118 Elden Ave, Los Angeles, CA 90006

Completely remodeled 5-unit apartment building with rear parking, including four two-bedroom units and one studio.

Days on Market150

Property Features for 1118 Elden Ave

General Information

Standard status Active
Total Parking Spaces 9
Property subtype MULTI_FAMILY

Units

Unit Mix 4 x 2BR/2BA, 1 x studio
Multifamily Units 5

Building Details

Building Size 4,890 SF
Year Built 1913
Listing Agency: Bee Investment, Inc.
Listed By: Jennifer Chung · License #01380952
Source: Rochellemaize
Added: Mar 3 Changed: Jul 31 Last Checked: Jul 31 at 5:54AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bee Investment, Inc.

Investment Insights

Based on property information with market context.

Completely remodeled and uniquely designed 5-unit apartment building with year built of 1913. The property’s unit mix includes four two-bedroom, two-bath units and one studio. A newly improved rear parking lot supports day-to-day access and parking convenience, with space for 9 vehicles.

1118 Elden Ave is positioned between Koreatown and Downtown Los Angeles, offering a central setting for residents. The rear parking lot is described as spacious and well maintained.

For offers, proof of funds is required and must be accompanied by a loan pre-approval letter.

Key Highlights

  • Completely remodeled and uniquely designed 5‑unit apartment building
  • Unit mix: four two‑bedroom, two‑bath units plus one studio
  • Newly improved rear parking lot with parking for 9 vehicles

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Carpet & Flooring Store (Bike/Boat/Book/etc) Store Tanning Salon Clothing & Fashion Store Buffet Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

3,943
Businesses Nearby

Demographics for 90006, CA

58,229
Population
21,475
Households
2.7
Avg Household Size
36
Median Age
22%
College-Educated
63%
High-School Grad
1.9 sq mi
ZIP Area
30,647
Density / Sq Mi
$49,847
Median Household Income
$31,645
Median Earnings
$1,396
Median Rent
$841,900
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Completely remodeled 5-unit apartment building with rear parking, including four two-bedroom units and one studio.
Where is this apartment building located?
The property is located at 1118 Elden Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: Completely remodeled and uniquely designed 5‑unit apartment building; Unit mix: four two‑bedroom, two‑bath units plus one studio; Newly improved rear parking lot with parking for 9 vehicles
More about this property
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