This Property is no longer advertised on Showcase.com.
Off Market
1/15

3804 Arlington Ave
Los Angeles, CA 90008


HIGHLIGHTS

  • 29-unit affordable housing investment opportunity in the Leimert Park neighborhood, just south of the 10 Freeway and 1.5 miles from USC
  • 13 one-bedrooms, four two-bedrooms, and 12 three-bedrooms with both ground level and subterranean gated parking
  • Two common area laundry rooms; there is also an expansive outdoor common area with playground, basketball hoop, seating, and grass area
  • This is an opportunity priced below replacement cost for 1993 vintage and an opportunity to capture rental upside as units turn
  • Potential to qualify for the Welfare Tax to significantly reduce property taxes
  • Ideal location on the corner of Arlington Ave & Obama Blvd with a short drive to Baldwin Village, Exposition Park and USC, and Downtown Los Angeles

FOR SALE DETAILS

PRICE

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# OF UNITS

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CAP RATE

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% LEASED

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BUILDING DETAILS

PROPERTY NAME

Arlington Rodeo Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

29625

STORIES

3

YEAR BUILT

1993

PARKING SPACES

57

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

5035-001-032