1661 Arlington AVE, Los Angeles, CA 90019
1661 Arlington AVE, Los Angeles, CA 90019
1661 Arlington AVE, Los Angeles, CA 90019
1661 Arlington AVE, Los Angeles, CA 90019
1661 Arlington AVE, Los Angeles, CA 90019
1661 Arlington AVE, Los Angeles, CA 90019
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Ruby Raymond

Ruby Raymond

+1(805) 201-6341
$ 1,100,000
Est. payment | /mo

5,963 Sqft Lot

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$ 1,100,000
Est. payment | /mo
Save Virtual Tour

5,963 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW25232815

Construction Status Repairs Cosmetic

HOA Y/N No

Year Built 1905

Lot Size 5,963 Sqft

Property Sub-Type Quadruplex

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 Multiple Staircases

Heating Wall Furnace

Cooling None

Flooring See Remarks

Fireplaces Type None

Fireplace No

Laundry See Remarks

Exterior

Parking Features Assigned, Door-Single, Garage

Garage Spaces 4.0

Garage Description 4.0

Fence Vinyl

Pool None

Community Features Street Lights

Utilities Available Natural Gas Connected, Sewer Connected, Water Connected

View Y/N No

View None

Roof Type Composition,Shingle

Total Parking Spaces 4

Private Pool No

Building

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

Story 2

Sewer Public Sewer

Water Public

Architectural Style Craftsman

New Construction No

Construction Status Repairs Cosmetic

Others

Senior Community No

Tax ID 5072032004

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Cash to New Loan, Conventional, FHA, Government Loan, VA Loan

Listing Terms Cash, Cash to New Loan, Conventional, FHA, Government Loan, VA Loan

Special Listing Condition Standard

Virtual Tour https://wallyhomes.kw.com/

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Walner Hernandez Keller Williams World Media Center 310-628-7008, DRE #01318574

NEARBY SCHOOL & BUSINESS

REVIEWS

Ximena Ames Nugent

Professional & Paid Attention to My Needs

I am very impressed with the professionalism of this team! They worked very hard with terrific attention to details and respect for my needs. I would highly recommend Ruby and Patrick as they are knowledgeable, and dedicated to their clients.

Jeff M

Purchase

Ruby and the Raymond Team were great. We're in our new home right now writing this. Ruby helped make this happen and if you are looking for a home in the 5 Cities area I suggest you give Ruby a call. Thanks Ruby, SM

RonSteinback

The broker that everyone hopes to hire!

Patrick listed and sold two properties for me this year, and I intend to use him on a third transaction. Patrick is responsive and knows the local area. I am a broker myself, but located in southern California. Patrick is the broker that everyone hopes to hire!

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How Does The Raymond Team Deliver Exceptional Real Estate Service?

Expert Guidance

We educate you on the market and guide you to the best best decision about your move.

Proven Systems

Over 23 years of real estate experience  has helped us perfect our results-driven buying and selling systems.

Results Driven

We listen, we communicate, and we track every step of the process to ensure a seamleass transaction.

Ruby Raymond
Ruby Raymond

Broker Associate | License ID: 01342959

+1(805) 201-6341 | homes@raymondteamre.com

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By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Ruby Raymond, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.