Los Angeles, CA 90019 1612 Arlington Avenue
$1,150,000
22 more
Presented By: Jae Chang with Redpoint Realty;
Beds • 6
Baths • 5
SQFT • 2,141
Year Built • 1907
Home Details
Developer's Dream in Prime Location. All 3 units are vacant & Ready for Transformation without relocation issues. Located in one of the most sought-after neighborhoods, this rare vacant 3-unit property offers a golden opportunity for developers and investors or owner-users seeking immediate occupancy and income potential. Sitting on a generous 8,540 SF lot zoned for multi-family development, this is the perfect canvas for a high-return project. Located on a residential street just minutes from Koreatown, DTLA, and Mid-Wilshire, the location offers both peace and unbeatable access. The lot's flat topography simplify the redevelopment process. Whether you envision a sleek fourplex, or a small apartment complex, this property checks every box.
Presented By: Jae Chang with Redpoint Realty;
Interior Features for 1612 Arlington Avenue
Bedrooms
Total Bedrooms6
Bathrooms
Half Baths0
Total Baths5
1/4 Baths
3/4 Baths
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
FlooringLaminate
Heating Y/NYes
Total Stories2
General for 1612 Arlington Avenue
Additional Parcels Y/NNo
Architectural StyleSeeRemarks
Attached Garage No
Cap Rate5.48
Carport Y/NNo
CityLos Angeles
Community FeaturesGated
CoolingNone
CountyLos Angeles
DirectionsSE of Arlington and Venice
DisclosuresRentControl
Electric On Property Y/NNo
Full Baths
Garage Y/NNo
Gross Income90000.0
HOANo
HeatingWallFurnace
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsMultiSplit
Lot Size Square Feet8540.0
Lot Size UnitsSquareFeet
MLS AreaC16 - Mid Los Angeles
MobileHomeRemainsYNNo
Net Operating Income63000.0
New ConstructionNo
Number Of Units Total3
Occupancy TypeVacant
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NNo
Property ConditionFixer
Property TypeResidentialIncome
Rent Control Y/NYes
Security FeaturesGatedCommunity
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
ViewNone
Year Built1907
ZoningLARD2
Exterior for 1612 Arlington Avenue
Building Area Total2141.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions50x171
Lot Size Acres0.1961
Lot Size Area8540.0
Number of Buildings2
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking6.0
WaterfrontY/NNo
Additional Details
Price History
Keegan Cin
Team Lead
