1837 Arlington Avenue, Unit 4

Los Angeles, CA 90019

$1,355,000
Last Sold Price
8
Beds
8
Baths
4,308 Sq. Ft.
$315 / Sq. Ft.
4,308
Sq. Ft.
$315
per Sq. Ft.

Description

A rare opportunity to acquire fully renovated income units in the Mid- Los Angeles/Koreatown area. It took a lot of times and resources to finish this project in 2006. All work with the planning and permits has been done, and the property has been managed well and kept in great condition. Each spacious unit has an in-unit laundry, two secure gated parking spaces, and is individually metered for gas and electric. Easy to manage, with great tenants. Conveniently located just minutes away from Koreatown,...A rare opportunity to acquire fully renovated income units in the Mid- Los Angeles/Koreatown area. It took a lot of times and resources to finish this project in 2006. All work with the planning and permits has been done, and the property has been managed well and kept in great condition. Each spacious unit has an in-unit laundry, two secure gated parking spaces, and is individually metered for gas and electric. Easy to manage, with great tenants. Conveniently located just minutes away from Koreatown, Hollywood, DTLA, USC, Staples Center, Grove, and Major freeways. Add this to your portfolio now!
  1. Listed by Ted Lee • DRE #01353056 • Level Real Estate

Property Details for 1837 Arlington Avenue, Unit 4

Zoning
LARD1.5
Style
Contemporary
Living Area
4308
Source Living Area
Vendor Enhanced
Area
Mid Los Angeles
Vacancy Rate
1
Lot Size Area
5835
Source Lot Size Area
Vendor Enhanced

Location

Listing Courtesy of Level Real Estate, Ted Lee, DRE #01353056

Sold By New Star Realty, Amber Seo Campos, DRE #02008733

Add your commute
LISTING UPDATED: 03/30/2021 04:27 PM

Property Details for 1837 Arlington Avenue, Unit 4

StatusSold
MLS #20-647442
Days on Market102
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1916
Lot Size0.13 AC / 5,835 SF
CountyLos Angeles County

Location

Listing Courtesy of Level Real Estate, Ted Lee, DRE #01353056

Sold By New Star Realty, Amber Seo Campos, DRE #02008733

Add your commute

Virtual Tour

Building Information for 1837 Arlington Avenue, Unit 4

Stories2Residences-Year Built1916Building Size-Lot Size0.13 AC / 5,835 SF

Payment Calculator

$7,395 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,395

Property Taxes

—

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1837 Arlington Avenue, Unit 4

Community / Development
Community / Development
  • Number Of Units: 4
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: 4
  • Security Features: Gated, Automatic Gate, Fire and Smoke Detection System
  • Direction Faces: East
  • Property Condition: Updated/Remodeled
  • Water Heaters: Yes
  • Building Permit: Yes
Contract Info
Contract Info
  • Probate: No
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $93,000
  • Net Operating Income: $65,681.00
  • Gross Income: $93,000
  • Cap Rate: 4.83%
  • Gross Rent Multiplier: $14.61
  • Total Annual Expense: 27319
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1339
Parking Details
Parking Details
  • Parking Garage: Community Garage, Gated, Tandem
Interior Features
Interior Features
  • Cooling: Wall Unit(s)
  • Cooling Type: Wall Unit(s)
  • Heating: Wall
  • Heating Type: Wall
  • Flooring: Tile, Laminate
  • Equipment: Dryer, Washer, Stackable W/D Hookup, Range/Oven, Vented Exhaust Fan
  • Kitchen Features: Counter Top, Remodeled, Kitchenette
  • Cooking Appliances: Oven-Gas, Range
  • Laundry: In Unit
Exterior Features
Exterior Features
  • Other Structures: None
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,850.00
  • Unit Actual Rent: $1,850.00
  • Unit Projected Rent: $2,200.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,900.00
  • Unit Actual Rent: $1,900.00
  • Unit Projected Rent: $2,200.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,800.00
  • Unit Actual Rent: $1,800.00
  • Unit Projected Rent: $2,200.00
  • Like Units: 3
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,200.00
  • Like Units: 4
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $28,057.00
  • Assessed Improvement Percent: 25.0
  • Assessed Land Value: $84,191.00
  • Assessed Land Percent: 75
  • Assessed Total Value: $112,248.00

Schools near 1837 Arlington Avenue, Unit 4

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Pio Pico Middle School
Public6 to 8

Los Angeles Senior High School
Public9 to 12

Global Education Academy Middle School
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Level Real Estate, Ted Lee, DRE #01353056

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.