1661 Arlington Avenue, Los Angeles, CA 90019
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
1661 Arlington Avenue,Los Angeles, CA 90019
$1,200,000
- - Beds
- - Baths
- 2,973 sq. ft.
- Multi-family
- Active
Listed by:walner hernandez
Office:keller williams world media center
MLS#:DW25232815
Source:CRMLS
Price summary
- Price:$1,200,000
- Price per sq. ft.:$403.63
About this home
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.
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Home facts
- Year built:1905
- Listing ID #:DW25232815
- Added:1 day(s) ago
- Updated:October 08, 2025 at 05:46 AM
Rooms and interior
- Living area:2,973 sq. ft.
Heating and cooling
- Heating:Wall Furnace
Structure and exterior
- Roof:Composition, Shingle
- Year built:1905
- Building area:2,973 sq. ft.
- Lot area:0.14 Acres
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$1,200,000
- Price per sq. ft.:$403.63
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