1929 Arlington Avenue
Los Angeles, CA 90018
- – beds
- – baths
- – sqft
- 12,899 sqft lot
- 1964 build
- – on site
PARTNERSHIP WANTS IT SOLD!!! (Listed Price Close to What Partnership Paid When They Purchased the Building) We are pleased to present the opportunity to acquire Arlington Apartments in the submarket of Arlington Heights (LA Market) and in close proximity to Mid-City and Koreatown. This offering includes an 18-unit multifamily building built in 1964 with a foot print of approximately 14,042 SF, sitting on a 12,899 SF lot zoned LAR3. Arlington Apartments offers an investor a significant value add opportunity with approximately 75% (+/-) potential upside in rents spread across a desirable unit mix of over 50% 2 bedroom units. Soft story retrofit has been completed and the seller owns the laundry machines. This well-located multifamily property offers an investor a rare opportunity to secure a larger sized asset in a high demand and growth submarket with real reposition opportunity and impressive frontage. Arlington Heights is diverse and populated neighborhood in Central Los Angeles with Koreatown to the north, Mid-City and Mid-Wilshire to the west, Jefferson Park to the south and Harvard Heights to the east. Located centrally in Los Angeles, Arlington Heights is a transit friendly melting pot of cultural influences. Situated just north of the 10 FWY, this neighborhood provides easy access to Culver City to the west and downtown LA to the east. Along La Brea Avenue, Wilshire Blvd, and Western Ave you will find restaurants and popular bars. The stretch of Washington Blvd, anchored by the Underground Museum between 3rd and 6th avenues, is becoming a desirable location for art galleries and boutiques. Nestled right at the convergence of main thoroughfares and freeways, Arlington Heights allows for easy access to the wider region of LA and key employment centers.
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Mar 4, 2025
•
MLS# 24399531 —
The Building
-
Year Built:1964
-
New Construction:No
-
Building Area Total:14042.00
-
Total Number Of Units:18
-
# of Buildings:1
-
Stories Total:2
Interior
-
Levels:Two
Location
-
Directions:Arlington Heights Area. West of S Western Avenue, East of Crenshaw Boulevard, South of W Washington Boulevard and North of W Adams Boulevard.
-
Latitude:34.03890600
-
Longitude:-118.31804800
The Property
-
Property Type:Residential Income
-
Zoning:LAR3
-
Lot Size Area:12899.0000
-
Lot Size Acres:0.2961
-
Lot Size SqFt:12899.00
-
Lot Size Source:Assessor
Listing Agent
- Contact info:
- No listing contact info available
The Listing
-
Special Listing Conditions:Standard
-
Parcel Number:5060031022
Heating & Cooling
-
Heating:None
-
Cooling:Yes
-
Cooling:Central Air
Appliances
-
Included:Yes
The Community
-
Association:No
-
Senior Community:No
-
Assessments:No
Parking
-
Parking:Yes
-
Parking:Carport
-
Parking Spaces:18.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/4/25
Mar 4, 2025
|
Price Changed | CRMLS_CA | $3,175,000 | -3.1% |
1/22/25
Jan 22, 2025
|
Price Changed | CRMLS_CA | $3,275,000 | -3.6% |
12/12/24
Dec 12, 2024
|
Price Changed | CRMLS_CA | $3,399,000 | -5.3% |