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Arlington Heights Fourplex Investment Opportunity
For Sale
$1,100,000

1661 Arlington Ave, Los Angeles, CA 90019

Charming Craftsman-style fourplex in high-demand Mid-City Los Angeles.

Property Size2,973 SF
Lot Size0.14 Acres
Price / SF$369
Days on Market152

Property Features for 1661 Arlington Ave

General Information

Standard status Active
Size 2,973 SF
Lot size 0.14 Acres
Property subtype Investment

Building Details

Building Size 2,973 SF
Year Built 1905
Units 4
Listing Agency:
Listed By: Walner Hernandez · License #1318574
Source: Elliman
Added: Mar 11 Changed: Aug 8 Last Checked: Aug 8 at 2:21PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Walner Hernandez

Investment Insights

Based on property information with market context.

This Craftsman-style fourplex presents an investment opportunity in the Mid-City area of Los Angeles. The property features two detached buildings situated on a 5,963 sqft lot. The total living space is 2,973 sqft. The front building contains two units: one with 2 bedrooms and 1 bath, and another with 1 bedroom and 1 bath. There is potential to remodel these units into 3-bedroom, 1-bath apartments. One unit is currently vacant and will be delivered vacant at the close of escrow. The rear building houses two 1-bedroom, 1-bath units. Each apartment includes a covered garage space. The property qualifies for FHA financing. It is located near USC, Koreatown, Downtown LA, and the Westside. This property is suitable for investors or developers.

Key Highlights

  • Prime investment opportunity in high‑demand Mid‑City Los Angeles.
  • Fourplex with value‑add potential through remodeling and rent maximization.
  • One unit delivered vacant, ready for immediate renovation or rental.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency (Bike/Boat/Book/etc) Store Veterinary Clinic Butcher Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,688
Businesses Nearby

Demographics for 90019, CA

62,002
Population
26,203
Households
2.4
Avg Household Size
38
Median Age
39%
College-Educated
80%
High-School Grad
3.9 sq mi
ZIP Area
15,898
Density / Sq Mi
$71,395
Median Household Income
$40,316
Median Earnings
$1,782
Median Rent
$1,178,100
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Charming Craftsman-style fourplex in high-demand Mid-City Los Angeles.
Where is this quadplex located?
The property is located at 1661 Arlington Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Prime investment opportunity in high‑demand Mid‑City Los Angeles.; Fourplex with value‑add potential through remodeling and rent maximization.; One unit delivered vacant, ready for immediate renovation or rental.
More about this property
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