Motivated Seller! Reduced Price on tenant-occupied Duplex in Desirable Arlington Heights. Exceptional investment opportunity near Country Club Park, Western Heights, Koreatown, and West Adams. This two-story Spanish Colonial duplex, built in 1923, is now listed at a significantly reduced price because property will be sold tenant-occupied. Property features two nearly… Read More identical units, each with 2 bedrooms, 1 bathroom, a spacious living room, formal dining room, kitchen, and laundry room, each approximately 1,450 sq. ft. The property includes (3) 1-car garages with potential for ADU conversion to increase rental income. With 2,900 sq. ft. of living space on a 6,098 sq. ft. LARD2 zoned TOC Tier 2 lot, this property offers versatility and significant upside potential at market rents or upon redevelopment. Listing price improved because existing rents are below market and subject to Los Angeles City Rent Stabilization Ordiance (RSO). Buyer must take the property AS-IS, tenant occupied, subject to tenant rights. No exceptions. Conveniently located near the 10 and 405 freeways, the property provides easy access to DTLA, LAX, employment centers, restaurants, shopping, museums, and Westside beaches. Arlington Heights is a growing community with historic landmarks and beautiful architecture, making it an ideal place for multifamily investment. Don't miss out on this motivated seller and reduced price opportunity! Submit offers subject to interior inspection today! Read Less
Property listed by Coldwell Banker Champion Realty, Christie Thomas 310-439-8570
Listing Snapshot
Days Online
121
Last Updated
Property Type
Other
Beds
4
Square Ft.
2,900
Lot Size
0.14 Acres
Year Built
1923
MLS Number
24414457
30 Days Snapshot Of 90018
$1,132k
+5%
(avg) sold price
8
-11%
homes sold
96
+54%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1923, Building area total: 2,900, Levels: Two, Living area: 2900, 2 stories, 1 building
Garage
3 spaces
Heating
Fireplaces, WallFurnace
Laundry
LaundryRoom
Lot
0.14 acres, 6,100 square feet, Size: 6,100
Parking
3 totals parking, Driveway, Garage
Property
Zoning: LARD2
Security Features
CarbonMonoxideDetectors, SmokeDetectors
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.
