1409 Arlington Ave | Los Angeles, CA 90019
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
1409 Arlington Ave
Los Angeles, CA 90019
A 9-Unit Value-Add Opportunity in Mid-City · Multifamily Property For Sale
·
9 Units
INVESTMENT HIGHLIGHTS
- There is 64 Percent Remaining Rental Upside Through Interior Renovations
- Mid-City is Becoming a Compelling Value-Proposition for Tenants who are Getting Priced out of These Expensive Neighboring Submarkets
- In Close Proximity to World-Class Shopping, Vibrant Restaurants, Museums, Cafes, Bars, Theaters, Grocery Stores, Gyms & Employment Opportunities
- Surrounded by Desirable Neighborhoods such as Country Club Park, Lafayette Square and Miracle Mile
- The Government Required Seismic Retrofit Work has Already Been Completed, Which Saves a New Investor Substantially in Capital and Time
- Long Term Ownership - Property Has Been Owned for 45 Years, Offering a Rare Acquisition Opportunity
PROPERTY FACTS
| No. Units | 9 | Lot Size | 0.16 AC |
| Property Type | Multifamily | Building Size | 5,797 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1964 |
| Building Class | C | Parking Ratio | 1.55/1,000 SF |
| Zoning | LARD1.5 | ||
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 5,797 SF |
| No. Stories | 2 |
| Year Built | 1964 |
| Parking Ratio | 1.55/1,000 SF |
| Zoning | LARD1.5 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Kitchen
- Oven
- Tub/Shower
- Deck
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 2 | - | - |
| 1+1 | 5 | - | - |
| 2+1 | 2 | - | - |
PROPERTY TAXES
| Parcel Number | 5072-037-017 | Improvements Assessment | $585,000 |
| Land Assessment | $875,000 | Total Assessment | $1,460,000 |
PROPERTY TAXES
Parcel Number
5072-037-017
Land Assessment
$875,000
Improvements Assessment
$585,000
Total Assessment
$1,460,000
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
