Property listed by Keller Williams Beverly Hills, Jesse Stamps 310-432-6400
$1,100,000
Located in the highly sought-after Arlington Heights area of Los Angeles, this property sits in a strong rental market, offering an easy-to-manage building with incredible potential. This exceptional investment opportunity boasts a stabilized 5% Cap Rate and nearly 55% rental upsideideal for the savvy investor seeking long-term growth. All units… Read More are separately metered for water, gas, and electricity, ensuring low operating expenses. The property includes ample parking with 6 spaces (1 per unit) and the potential to add ADUs. Recent improvements include a retrofitted balcony with an approved staircase, newly paved driveway and parking area, and a roof upgrade in 2021. A prime opportunity for those looking to maximize returns in an up-and-coming neighborhood of Los Angeles. Read Less
Listing Snapshot
Days Online
13
Last Updated
Property Type
Other
Beds
7
Square Ft.
3,018
Lot Size
0.17 Acres
Year Built
1949
MLS Number
25497245
30 Days Snapshot Of 90019
$1,155k
-29%
(avg) sold price
10
-23%
homes sold
165
+55%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Refrigerator
Building
Built in 1949, Building area total: 3,018, Levels: Two, Living area: 3018, 2 stories, 1 building
Cooling
WallWindowUnits
Heating
WallFurnace
Income
Gross income: $87,109, Net operating income: $55,780
Lot
0.1722 acres, 7,503 square feet, Size: 7,503
Parking
6 totals parking, Assigned, Private
Property
Zoning: LARD2
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Confirm your time
Fill in your details and we will contact you to confirm a time.
