Arlington Heights Fourplex Investment
For Sale
Contact for pricing
1661 Arlington Avenue, Los Angeles, CA 90019
Craftsman-style fourplex in Mid-City Los Angeles with value-add potential.
Property Size2,973 SF
Lot Size0.14 Acres
Price / SF$369
Days on Market315
Property Features for 1661 Arlington Avenue
General Information
Standard status
Active
Size
2,973 SF
Lot size
0.14 Acres
Property subtype
Multifamily
Zoning
Public Rec
Building Details
Buildings
2
Stories
2
Units
4
Listing Agency:
Keller Williams World Media Center
Listed By:
Walner Hernandez · License #01318574
Source:
Crexi
Added: Oct 7, 2025
Changed: Aug 10
Last Checked: Aug 15 at 6:58AM
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 Keller Williams World Media Center
Investment Insights
Based on property information with market context.
This Craftsman-style fourplex presents an investment opportunity in Arlington Heights, situated in Mid-City Los Angeles. The property features two detached buildings on a 5,963 sqft RD1.5 lot, offering 2,973 sqft of living space. The front building contains two units: one with 2 bedrooms and 1 bath, and another with 1 bedroom and 1 bath. These units have the potential to be remodeled 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. Its location offers proximity to USC, Koreatown, Downtown LA, and the Westside.
Key Highlights
- Prime value‑add opportunity to increase rental income by remodeling units into 3‑bedroom apartments.
- Located in the high‑demand Mid‑City Los Angeles neighborhood, near USC, Koreatown, Downtown LA, and the Westside.
- Property qualifies for FHA financing, offering favorable terms.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,688
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Craftsman-style fourplex in Mid-City Los Angeles with value-add potential.
Where is this quadplex located?
The property is located at 1661 Arlington Avenue 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 value‑add opportunity to increase rental income by remodeling units into 3‑bedroom apartments.; Located in the high‑demand Mid‑City Los Angeles neighborhood, near USC, Koreatown, Downtown LA, and the Westside.; Property qualifies for FHA financing, offering favorable terms.
