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,… Read More 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. Read Less
Property listed by Christie's International Real Estate SoCal, John C. Pak 424-249-7162
Listing Snapshot
Days Online
15
Last Updated
Beds
6
Square Ft.
5,991
Lot Size
0.2 Acres
Year Built
1915
MLS Number
26844573
Additional Details
Appliances & Equipment
Refrigerator
Building
Built in 1915, Living area: 5991.0, 2 buildings, Levels: ThreeOrMore
Garage
3 spaces
Lot
0.1998 acres
Parking
10 total parking spaces, Assigned, Carport
Taxes
Parcel Number: 5076008026, Zoning: LAR4
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Based on information from California Regional Multiple Listing Service, Inc. as of 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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