1661 Arlington Ave , Los Angeles, CA 90019
$1,100,000
Est. Payment: $5,535.03/mo
6 Bed
4 Bath
2973 Sqft
Status: active | Days on site: 182
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House 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.

Highlights

Listed by Walner Hernandez , 310-628-7008 Keller Williams World Media Center , 818-239-3500. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.14

Year Built

1905

County

Los Angeles

Area

C16 - Mid Los Angeles

Listing ID

DW25232815

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:6
  • Bathrooms:4
  • Full Bathrooms:
Floor:See Remarks
Other:Multiple Staircases
Other:Public

Exterior Features

Lot:0-1 Unit/Acre,Back Yard,Front Yard,Near Public Transit,No Land Lease
Garage Capacity:4
Zoning:LARD1.5
Roof:Composition,Shingle
Others:Repairs Cosmetic,Wood Siding,2+ Total Units
Sewer:Public Sewer
Parking Features:Assigned,Door-Single,Garage
Principal Interest
$5,535
Taxes
$701

Home Price

$1,100,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$220,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,535.03

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,535.03 $701.25 $0.00 $6,236.28
Yearly $66,420.31 $8,415.00 $0.00 $74,835.31
Total $1,992,609.40 $252,450.00 $0.00 $2,245,059.40

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Current Listings

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Average Price

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Average Days on Market

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-08-08T16:34:18.000Z

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