1661 Arlington Avenue, Los Angeles, CA 90019
1661 Arlington Avenue, Los Angeles, CA 90019
1661 Arlington Avenue, Los Angeles, CA 90019
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John R Thompson

John R Thompson

+1(805) 796-5221
Listed by Walner H. Hernandez • Keller Williams World Media Center
$1,100,000
Est. payment /mo
2,973 SqFt
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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,973 sqft

Price per Sqft $369

MLS Listing ID DW-25232815

Style Craftsman

Year Built 1905

Lot Size 5,963 Sqft

Property Sub-Type Quadruplex

Source California Regional Multiple Listing Service (CRMLS)

Property Description

Investment opportunity in Arlington Heights! This charming Craftsman-style fourplex is located in the heart of Mid-City Los Angeles, one of the city'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.

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Zoning LARD1.5

Interior

Interior Features 2 Staircases

Heating Wall Furnace

Flooring See Remarks

Fireplaces Type None

Laundry See Remarks

Exterior

Parking Features Garage - Single Door, Assigned

Garage Spaces 4.0

Pool None

Community Features Street Lights

Utilities Available Sewer Connected, Water Connected, Natural Gas Connected

View Y/N No

View None

Building

Lot Description Front Yard, Near Public Transit, 0-1 Unit/Acre, Back Yard

Sewer Public Sewer

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John R Thompson

John R Thompson

+1(805) 796-5221

Broker/Owner | License ID: 01200900

Broker/Owner License ID: 01200900

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1661 Arlington Avenue