1661 Arlington Avenue, Los Angeles, CA 90019

• 6 beds |
• 4 baths

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 citys 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.

Listing Status:

Active

Listing Office:

Keller Williams World Media Center : 818-239-3500

Listing Agent:

Walner Hernandez : 310-628-7008

MLS ID:

DW25232815

Interior

• A/C: N/K

Exterior

• General: N/K
• Pool: N/K

Construction

• Roofing: Composition
• General: Wood

Location

• HOA Amenities: 0.0
• Originating MLS: California Regional MLS
• County: Los Angeles

Lot

• Zoning: Public Rec5072032004

Financial

• Source: California Regional MLS

This listing courtesy of Walner Hernandez, Keller Williams World Media Center