1836 ARLINGTON AVENUE

Estimated Monthly Payment: $8,386/mo 1836 ARLINGTON AVENUE, Los Angeles, CA 90019 MLS# SR19192226 Residential Income Listing Status: Active
4,050 sqft
Jared Levine Keller Williams Realty Jared Levine Logo 818-657-6556x6556 Download Our Mobile App Contact Me
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REMARKS:

BOM!!! BACK ON MARKET / BUYER COULDN'T QUALIFY. DON'T MISS THIS GREAT 1031 EXCHANGE OPTION WITH 25% to 35% DOWN. RE- BUILT IN 2017, the ARLINGTON APARTMENTS, is a 4, 410 SF 4 unit apartment building located in the gentrifying Arlington Heights neighborhood of Los Angeles. ARLINGTON APARTMENTS was re-built (exception of roof) in 2017 with permits. With over $10, 000 in monthly income, ARLINGTON APARTMENTS positions itself to offer an investor a stabilized fourplex at an in-place 4.98% CAP RATE with flexible financing options. This well located fourplex has great street visibility and finds itself located near an abundance of amenities and businesses. Easy access to the 10 FWY and DTLA add an additional touch of convenience. The property offers central A/C, in-unit laundry, tank-less water heaters, and 8 surface parking spaces (no soft story retrofit required). Lines were run to separate the water/sewer and only meters are needed to complete the process. Don't miss out on this stabilized investment opportunity with financing options such as 25% down for leverage or 35% down for cash flow.

OVERVIEW:

363153585:MRMLS
Residential Income
Active
Mid Los Angeles
1910
4050
Water District, Public
Public Sewer
Sidewalks, Landscaped

ROOM INFO:

Inside

FINANCIAL:

$1,839,000

NEIGHBORHOOD & SCHOOL INFORMATION:

Broker Reciprocity Courtesy of Jared Levine - Keller Williams Realty Calabasas

 

 

 

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CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprised of CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (Ventura County Regional Data Share). 

 

Data last updated: 11/13/2019