1531 S Arlington Ave - Apartments FOR SALE


Los Angeles, CA 90019- Arlington Heights
$2,695,000 USD
818-237-6963
1531 S Arlington Ave, Los Angeles, CA for Sale
$2,695,000 USD
Apartments - FOR SALE
1/19
null | 4.61% Cap Rate

1531 S Arlington Ave
Los Angeles, CA 90019
Arlington Heights


HIGHLIGHTS

  • Prime West Adams Adjacent Location
  • Attractive building exterior. Major improvements already completed.
  • Each unit includes its own dedicated parking space

OVERVIEW

Incredible Investment Opportunity in Prime West Adams Adjacent Location!Offered at just $150K per door, this is one of the best-priced multi-unit opportunities in the area. Each unit includes its own dedicated parking space, which is a rare find in this central LA neighborhood. The property boasts an attractive building exterior, with major improvements already completed: a brand new roof, new sewer line to the street, and a fully completed soft-story retrofit. Situated just minutes from the thriving West Adams district, this is a well-positioned asset with strong fundamentals and room for future growth.

FOR SALE DETAILS

PRICE

$2,695,000 USD

PRICE/SF

$148 USD /SF

# OF UNITS

18

PRICE/UNIT

$149,722

CAP RATE

4.61%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

LARD1.5

APN/PARCEL ID

5072-034-025

ASK ABOUT THIS PROPERTY

Ken ShapiroSilverwood Properties, Inc.More Info
818-237-6963

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Ken ShapiroSilverwood Properties, Inc.More Info
818-237-6963

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.