Located in the highly sought-after Arlington Heights area of Los Angeles, this property sits in a strong rental market, offering an easy-to-manage building with incredible potential. This exceptional investment opportunity boasts a stabilized 5% Cap Rate and nearly 55% rental upsideideal for the savvy investor seeking long-term growth. All units… Read More are separately metered for water, gas, and electricity, ensuring low operating expenses. The property includes ample parking with 6 spaces (1 per unit) and the potential to add ADUs. Recent improvements include a retrofitted balcony with an approved staircase, newly paved driveway and parking area, and a roof upgrade in 2021. A prime opportunity for those looking to maximize returns in an up-and-coming neighborhood of Los Angeles. Read Less
Courtesy of Keller Williams Beverly Hills 310-432-6400
Listing Snapshot
Days Online
28
Last Updated
Property Type
Other
Beds
7
Square Ft.
3,018
Lot Size
0.17 Acres
Year Built
1949
MLS Number
25497245
30 Days Snapshot Of 90019
$1,418k
+10%
(avg) sold price
10
+66%
homes sold
99
-38%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Refrigerator, Range/Oven
Building
3,018 sq ft, Built in 1949, Levels: Two
Cooling
Wall/Window
Disclosures
As Is
Garage
Assigned, Private
Heating
Wall
Lot
LotAcreage: 0.1722, LotSizeArea: 7,503
Parking
TotalParking: 6
Property
NumberOfUnits: 6, Zoning: LARD2
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