Properties

Los Angeles, CA 90019 1661 Arlington Avenue

1661 Arlington Avenue Los Angeles, CA - Image 11661 Arlington Avenue Los Angeles, CA - Image 21661 Arlington Avenue Los Angeles, CA - Image 3
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Presented By: Walner Hernandez with Keller Williams World Media Center; 310-628-7008
  • MLS# DW25232815
  • 10/06/2025
  • Get pre-approved
  • Request Tour
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  • Baths • 1
  • SQFT • 2,973
  • Garage • 4

Home Details

Investment opportunity in Arlington Heights! This charming Craftsman-style fourplex is located in the heart of Mid-City Los Angeles, one of the cityโ€™s most central and high-demand neighborhoods. The property consists of two detached buildings on a 5,963 sqft RD1.5 lot with 2,973 sqft of living space. The front building features two spacious units, one with 2 bedrooms and 1 bath, and the other with 1 bedroom and 1 bath. Both units offer excellent potential to be remodeled and converted into 3-bedroom, 1-bath apartments to maximize rental income. One unit is currently vacant and will be delivered vacant at the close of escrow. The rear building includes a two well-sized 1-bedroom, 1-bath units. Each apartment includes a covered garage space. This is a prime value-add opportunity with multiple exit strategies. The property qualifies for FHA financing, allowing owner-occupants or investors to take advantage of favorable terms. With strong rental demand, long-term appreciation, and development potential, this asset offers tremendous upside. Ideally situated near USC, Koreatown, Downtown LA, and the Westside, this property combines classic character, convenience, and investment potential. A rare find in a sought-after neighborhood, perfect for investors or developers looking for their next project.
Presented By: Walner Hernandez with Keller Williams World Media Center; 310-628-7008

Interior Features for 1661 Arlington Avenue

Other Interior Features

Air Conditioning Y/NNo
Common Walls2+ Common Walls
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringSee Remarks
Heating Y/NYes
Interior AmenitiesMultiple Staircases
Laundry FeaturesSee Remarks
Total Stories2

Other Rooms

Entry Level1

General for 1661 Arlington Avenue

Additional Parcels Y/NNo
Architectural StyleCraftsman
Building Area UnitsSquare Feet
Cap Rate4.84
CityLos Angeles
Community FeaturesStreet Lights
Construction MaterialsWood Siding
CoolingNone
CountyLos Angeles
DirectionsArlington Ave & Venice Blvd
DisclosuresRent Control
Entry LocationFloor, steps
Garage Spaces4
Garage Y/NYes
Gross Income81477
HOANo
HOA Fee$
HeatingWall Furnace
Insurance Expense3000
Land Lease Y/NNo
Listing TermsCash, Cash to New Loan, Conventional, FHA, Government Loan, VA Loan
Lot Size Square Feet5963
Lot Size UnitsSquare Feet
MLS AreaC16 - Mid Los Angeles
MaintenanceExpense1500
Net Operating Income57607
New ConstructionNo
Number Of Units Total4
Number of Units Leased3
Operating Expense23870
Pool FeaturesNone
PossessionClose Of Escrow
PostalCityLOS ANGELES
Property Attached Y/NYes
Property ConditionRepairs Cosmetic
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidential Income
Rent Control Y/NYes
RoofComposition, Shingle
Security FeaturesCarbon Monoxide Detector(s), Smoke Detector(s)
Senior Community Y/NNo
SewerPublic Sewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot4
Taxes$15,000
Tenant PaysCable TV, Electricity, Gas
Total Actual Rent3289.76
Trash Expense0
UtilitiesNatural Gas Connected, Sewer Connected, Water Connected
ViewNone
Virtual TourClick here
Water Sewer Expense3600
Year Built1905
Year Built SourcePublic Records
ZoningLARD1.5

Exterior for 1661 Arlington Avenue

Building Area Total2973
FencingVinyl
Lot Features0-1 Unit/Acre, Back Yard, Front Yard, Near Public Transit
Lot Size Acres0.1369
Lot Size Area5963
Lot Size SourcePublic Records
Number of Buildings2
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Parking FeaturesAssigned, Door-Single, Garage
Private PoolNo
Road Frontage TypeCity Street
Road Surface TypePaved
SpaNo
Total Parking4
Water SourcePublic

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $1,100,000
MLS#DW25232815
List Date 10/06/2025
Property Type Multi-Family
Phone 888.795.6274
Get pre-approved
Request Tour
Request Info
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