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    1521 Arlington Ave

    Los Angeles, CA 90019
    • $3,950,000
    • STATUS: Active
    • ON SITE: 34 days
    • ID#: 21-754548
    UPDATED: 58 min ago
    $3,950,000
    • 19
      BEDS
    • 0.31
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 12,780
      SQFT
    • $309
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1963
    County:

    School Ratings & Info

    Description

    Subject property is located in the Arlington Heights neighborhood of Los Angeles. It is a residential neighborhood featuring historic architecture and pride of ownership homes and apartment buildings.With over 20,000 people per square mile, Arlington Heights is home to one of the highest population densities in the city of Los Angeles. This dynamic neighborhood is filled with coffee shops, parks, locally owned stores, and authentic eateries. There are many options for entertainment and it is known for its remarkable concentration of intact American Foursquare, Craftsman and Spanish Colonial Revival homes. Conveniently close to Koreatown and Downtown Los Angeles, the property is centrally located and close to all Los Angeles points of interest.The structure was built in 1963 and features 18 apartment units. There are 3 two bedroom units, 13 one bedroom units and 2 singles. All units are independently metered for gas and electricity.Onsite parking is available for each unit.Two units will be delivered vacant upon the close of escrow. Earthquake retrofit has been completed. Do not disturb tenants.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-08-03T20:42:48.65. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.theparsonsrealestateteam.com/homes/118831558
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    1521 Arlington Ave Los Angeles, CA 90019

    • Price: $3,950,000
    • Status: Active
    • Updated: 58 min ago
    • ID#: 21-754548
    19
    Beds
    0
    Baths
    0
    ½ Baths
    0.31
    Acres
    12,780
    SQFT
    $309
    $/SQFT
    1963
    Built
    Neighborhood:
    Mid Los Angeles
    County:
    Los Angeles
    Area:
    Mid Los Angeles
    Property Description
    Subject property is located in the Arlington Heights neighborhood of Los Angeles. It is a residential neighborhood featuring historic architecture and pride of ownership homes and apartment buildings.With over 20,000 people per square mile, Arlington Heights is home to one of the highest population densities in the city of Los Angeles. This dynamic neighborhood is filled with coffee shops, parks, locally owned stores, and authentic eateries. There are many options for entertainment and it is known for its remarkable concentration of intact American Foursquare, Craftsman and Spanish Colonial Revival homes. Conveniently close to Koreatown and Downtown Los Angeles, the property is centrally located and close to all Los Angeles points of interest.The structure was built in 1963 and features 18 apartment units. There are 3 two bedroom units, 13 one bedroom units and 2 singles. All units are independently metered for gas and electricity.Onsite parking is available for each unit.Two units will be delivered vacant upon the close of escrow. Earthquake retrofit has been completed. Do not disturb tenants.
    Exterior Features

    Lot Size Area 13707 Other Structures None Parking Garage Parking Space Total Parking 18

    Interior Features

    Baths Total 18.00 Cooling None Equipment None Heating Wall

    Property Features

    Assessed Total Value 874021 Gross Income 245728 Gross Operating Income 245728 Like Units1 3 Like Units2 13 Like Units3 2 Net Operating Income 132693.00 Number Of Buildings 1 Number Of Units 18 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 100749 Type Of Units Residential Year Built Source Vendor Enhanced Zoning Lard1.5

    Listing provided courtesy of Eric Quiros DRE#00846492 of Capital Brokers.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-08-03T20:42:48.65. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    The Parsons Team | Keller Williams Realty
    251 S. Lake Ave #150
    Pasadena CA, 91101