Arlington Heights Multifamily Investment
1513 Arlington Ave, Los Angeles, CA 90019
MULTI_FAMILY - Los Angeles, CA
Property size:
5,857 SFLot size:
0.17 AcresPrice / SF:
$268/SF- Added:
- Mar 26, 2026
- Days on Market:
- 47
- Last Refresh:
- May 11 at 9:06 am
Property Features for 1513 Arlington Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- LARD1.5
- Bedrooms
- 9
- Bathrooms
- 9
- Rooms
- Bedroom 2, Bathroom 2, Bathroom 8, Bathroom 5, Bedroom 9, Bathroom 4, Bathroom 6, Bedroom 8, Bathroom 7, Bedroom 6, Bathroom 9, Bathroom 3, Bedroom 3, Bedroom 5, Bathroom 1, Bedroom 7, Bedroom 4, Bedroom 1
- Parking
- 13
- Standard status
- Active
- APN
- 5072-034-003
- Size
- 5,857 SF
- Lot size
- 0.17 Acres
Building Details
- Year built
- 1963
- Floors in Building
- 2
- Number of units
- 9
Listing agent Josh Kaplan License #01934177 (310) 795-0903
Listing office Equity Union 16820 Ventura Blvd., Sherman Oaks, CA (818) 989-2000
Listing date Mar 26, 2026
MLS# 26669943
Listing URL
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Value‑add opportunity with one vacant unit and strong rental upside potential.
- Centrally located in the Arlington Heights neighborhood of Los Angeles, providing easy access to major employment centers and amenities.
- Recent capital improvements including TPO roofing system, copper plumbing, soft‑story seismic retrofit, and upgraded double pane windows.
- Diverse unit mix (studio, one‑bedroom, and two‑bedroom apartments) appealing to a wide range of tenants.
- Potential for Accessory Dwelling Unit (ADU) development in the front and rear tuck‑under parking areas (buyer to verify).
- Implementation of a utility reimbursement program (RUBS) already in progress, offering potential for increased income.
Overview
Located in the Arlington Heights neighborhood of Los Angeles, the nine-unit multifamily property at 1513 Arlington Ave presents a compelling investment opportunity. Constructed in 1963, this two-story building features a mix of studio, one-bedroom, and two-bedroom apartments. The units offer well-designed floor plans with large bedrooms, bathrooms, kitchens, living areas, and ample closet space. Select units have been updated with vinyl plank flooring, LED lighting, stainless steel appliances, kitchen cabinetry, granite countertops, and renovated bathrooms. Each unit includes a wall heating system and double pane windows, with some units also featuring wall-mounted air conditioning. The building has undergone capital improvements, including a TPO roofing system, copper plumbing, a soft-story seismic retrofit, and upgraded double pane windows. Community amenities include an on-site laundry facility with two washers and two dryers. The current owner has initiated a utility reimbursement program (RUBS) for new tenant leases. The front and rear tuck-under parking areas may offer opportunities for accessory dwelling unit development. The property's location provides convenient access to retail, restaurants, and neighborhood amenities, with quick access to the 10 Freeway and major arterial streets. Residents benefit from the central location, allowing easy commuting to Downtown Los Angeles, Koreatown, West Los Angeles, Beverly Hills, Hollywood, and the greater Los Angeles metropolitan area. The property size is 5857 square feet and the lot size is 0.1723 acres.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.318064
- Latitude
- 34.045025
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Nine-unit multifamily property in a central Los Angeles location.
Where is this apartment building located?
The property is located at 1513 Arlington Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,575,000.
What are key features of this property?
This property features: Value‑add opportunity with one vacant unit and strong rental upside potential.; Centrally located in the Arlington Heights neighborhood of Los Angeles, providing easy access to major employment centers and amenities.; Recent capital improvements including **TPO roofing system, copper plumbing, soft‑story seismic retrofit, and upgraded double pane windows.**
