Investment opportunity in Arlington Heights! This charming Craftsman-style fourplex is located in the heart of Mid-City Los Angeles, one of the city’s most central and high-demand neighborhoods. The property consists of two detached buildings on a 5,963 sqft RD1.5 lot with 2,973 sqft of living space. The front building features two spacious units, one with 2 bedrooms and 1 bath, and the other with 1 bedroom and 1 bath. Both units offer excellent potential to be remodeled and converted into 3-bedroom, 1-bath apartments to maximize rental income. One unit is currently vacant and will be delivered vacant at the close of escrow. The rear building includes a two well-sized 1-bedroom, 1-bath units. Each apartment includes a covered garage space. This is a prime value-add opportunity with multiple exit strategies. The property qualifies for FHA financing, allowing owner-occupants or investors to take advantage of favorable terms. With strong rental demand, long-term appreciation, and development potential, this asset offers tremendous upside. Ideally situated near USC, Koreatown, Downtown LA, and the Westside, this property combines classic character, convenience, and investment potential. A rare find in a sought-after neighborhood, perfect for investors or developers looking for their
MLS #
CRDW25232815
MLS Source
California Regional MLS
Days on Site
29
Flooring
Other
Cooling
None
Heating
Wall Furnace
Roof
Composition, Shingle
Pool
None
Style
Craftsman
Garage/Parking
Assigned Spaces, Garage, Garage: 4 Car(s)
HOA Fee
$0
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 3 | 4 |
1661 Arlington Ave is a Residential Income in Los Angeles, CA 90019. This – square foot property sits on a 5,963 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,200,000 and was built in 1905. This address can also be written as 1661 Arlington Ave, Los Angeles, CA 90019.
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This listing information is up-to-date as of October 08, 2025. For the most current information, please contact Walner Hernandez, (310) 628-7008