1211 Elden Ave., Los Angeles, California 90006, Los Angeles, 90006 - bed, bath
ACTIVE$1,500,000
1211 Elden Ave., Los Angeles, California 90006
0Bed
0Bath
3,347Sqft
6,751Lot
Year Built
1923
Close
-
List price
$1.5M
Original List price
$1.6M
Price/Sqft
$448
HOA
-
Days on market
-
Sold On
-
MLS number
HD25249253
Home ConditionFair
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $1.50M(50th), sqft - 3347(33th), beds - undefined(50th), baths - undefined(50th).
Four units, comprising 2 buildings on one lot NO Garages. Front building a duplex: first floor 3 bedroom 2 bath, upstairs 2 bed 1 bath, second rear building duplex, downstairs 1 bedroom 1 bath, upstairs 1 bedroom 1 bath.. Utilities owners pay water tenants pay all other utilities. Property is located in a high demand rental area. All units are occupied, one by owners. Short distance to restaurants, shopping, RTD access LA area.
Nearby schools
3/10
Leo Politi Elementary School
Public,•K-5•0.2mi
3/10
Magnolia Avenue Elementary School
Public,•K-6•0.3mi
8/10
Hoover Street Elementary School
Public,•K-5•0.6mi
/10
Mariposa-Nabi Primary Center
Public,•K-2•0.7mi
3/10
Macarthur Park Elementary School For The Visual And Performing Arts
Public,•K-5•0.8mi
2/10
Tenth Street Elementary School
Public,•K-5•0.8mi
3/10
Rfk Community Schools - Ambassador School - Global Education
Public,•K-5•0.8mi
3/10
Los Angeles Elementary School
Public,•K-5•1.0mi
3/10
Hobart Boulevard Elementary School
Public,•K-5•1.0mi
4/10
Norwood Street Elementary School
Public,•K-5•1.1mi
5/10
Vermont Avenue Elementary School
Public,•K-5•1.3mi
2/10
Twenty-Fourth Street Elementary School
Public,•K-5•1.6mi
6/10
Carson-Gore Academy Of Enviornmental Studies
Public,•K-5•1.9mi
3/10
Berendo Middle School
Public,•6-8•0.3mi
3/10
John H. Liechty Middle School
Public,•6-8•1.1mi
5/10
Pio Pico Middle School
Public,•6-8•1.7mi
4/10
John Adams Middle School
Public,•6-8•2.0mi
3/10
Johnnie Cochran, Jr., Middle School
Public,•6-8•2.3mi
4/10
West Adams Preparatory High School
Public,•9-12•0.6mi
3/10
Rfk Community Schools-Ambassador-Global Leadership
Public,•6-12•0.9mi
4/10
Rfk Community Schools-Los Angeles High School Of The Arts
Public,•9-12•0.9mi
5/10
Rfk Community Schools- For The Visual Arts And Humanities
Public,•9-12•0.9mi
3/10
Belmont Senior High School
Public,•9-12•1.7mi
5/10
Santee Education Complex
Public,•9-12•2.0mi
5/10
Foshay Learning Center
Public,•K-12•2.3mi
3/10
Nava College Preparatory Academy
Public,•9-12•3.4mi
Price History
Date
Event
Price
11/05/25
Price Change
$1,500,000-6.3%
10/29/25
Listing
$1,600,000
11/26/08
Sold
$540,000
Condition Rating
Fair
Built in 1923, this property is over a century old. While it appears to be maintained and functional, the interior, particularly the kitchen, is significantly dated with older cabinets, laminate countertops, and a mix of older and newer appliances. The windows are also older. There's no evidence of extensive recent renovations. The property is livable but requires substantial cosmetic updates and likely major system upgrades (plumbing, electrical, HVAC) due to its advanced age, aligning with the 'aged but maintained, functional but outdated' criteria for a 'Fair' rating.
Pros & Cons
Pros
Strong Income Potential: Comprising four occupied units across two buildings on one lot, this property is explicitly categorized as 'Residential Income,' offering immediate and substantial cash flow for investors.
High Demand Rental Location: Situated in a 'high demand rental area' within Los Angeles, ensuring consistent tenant occupancy and strong potential for future rent appreciation.
Excellent Walkability & Transit Access: The property boasts a prime location with 'short distance to restaurants, shopping, RTD access LA area,' enhancing its appeal to tenants seeking convenience and connectivity.
Favorable Utility Structure: Owners are only responsible for water utilities, with tenants covering all other utilities, significantly reducing the landlord's operating expenses and maximizing net income.
Owner-Occupancy Flexibility: One unit is currently owner-occupied, providing a unique opportunity for a buyer to live on-site while generating income from the other three units, or to maximize rental income by leasing out all four.
Cons
Advanced Age of Property: Built in 1923, the property is over a century old, which typically implies a higher likelihood of needing significant ongoing maintenance, system upgrades (e.g., plumbing, electrical), and potential for outdated infrastructure.
Absence of Garages: The property explicitly states 'NO Garages,' presenting a notable challenge for tenant parking in a dense urban environment like Los Angeles where parking is a premium and highly valued.
Recent Price Reduction: The property experienced a $100,000 price drop from its original list price of $1.6M to $1.5M, which could indicate a previous overvaluation or a need to attract more buyer interest in the current market.