
Los Angeles, California 90019
This RD1.5 Zoned Residential Property is a High-Potential Investment Opportunity, listed at $899,000—positioned well below the $915,186 Fair Market Value by 1.76%. This valuation gap offers $16,186 in Instant Equity. Featuring a Good Condition Rating with recent kitchen and flooring updates, the home provides immediate functionality. The large lot and flexible zoning offer significant upside for developers. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add asset in a central Los Angeles location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1665 Arlington Subject | $1,050,000* List Price | 4 | 2 | 1,930 | $587 | - |
A 1417 S Norton Avenue Sold | $900,000 | 5 | 2 | 2,230 | $404 | 0.5 mi |
B 1277 W West Boulevard Sold | $986,000 | 4 | 2 | 1,400 | $704 | 1.0 mi |
C 1629 6th Avenue Active Under Contract | $888,000 List Price | 2 | 2 | 1,408 | $631 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the structure dates back to 1905, the property underwent a cosmetic renovation within the last 4 years, including new kitchen cabinets, countertops, flooring, and interior paint. It is move-in ready and functional; however, the basic quality of the bathroom finishes and the visible age of the exterior and detached structures align better with a 'Good' rating rather than 'Excellent'.
Listed at $899,000 despite a previous appraisal of $1.28M, this property offers a rare opportunity for buyers to acquire immediate equity in a competitive market.
The RD1.5 zoning on a nearly 6,000 square foot lot provides excellent versatility for developers looking to add multiple units or for owners needing ample parking space.
The home features tasteful updates completed within the last four years, including a remodeled kitchen with new cabinetry and countertops, updated flooring, and fresh interior paint.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Most assigned public schools in the immediate area carry low ratings, which may be a significant drawback for families prioritizing high-performance educational districts.
Built in 1905, the property's age may necessitate future investments in aging structural, plumbing, or electrical systems that often accompany century-old homes.
PRICED TO SELL! Welcome to 1665 Arlington Ave, a gem nestled in the heart of Los Angeles. Picture yourself stepping into a home that exudes comfort and warmth with its open living room, a perfect setting for memorable family gatherings. The wood- burning fireplace serves as a charming focal point, creating an inviting atmosphere for cozy evenings. We promise you a space that is not just a house, but a home. This property boasts four oversized bedrooms and two bathrooms, offering ample space for everyone. The house has been tastefully updated in the last four years, featuring new kitchen cabinets and countertops, updated flooring, and a fresh coat of interior paint throughout. Buy with equity! The property had appraised at a value of 1.28M. The house sits on an RD1.5 lot, perfect for developers looking to add multiple units, or you can use the lot with plenty of parking space. Located in Arlington Heights, you are just minutes away from the bustling downtown LA, the serene beaches of Santa Monica, the glamour of Beverly Hills, and the iconic Hollywood. This prime location offers a diverse range of local amenities, making it a perfect spot for anyone seeking the vibrant, eclectic lifestyle that Los Angeles has to offer. Buyers, reach out to your agent to make an appointment to view this property today!
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 66% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,930 | 1,807 | 55% |
| Lot Size | 5,965 | 6,132.5 | 45% |
| Price | $1.05M | $1.31M | 22% |
| Price per sq ft | $544 | $766 | 13% |
| Built year | 1905 | 1928 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 34 | 152 | 6% |
Jun 12, 2026
$1,050,000
$899,000
+17% Price Increase
Initial Listing
May 13, 2026
$899,000
Initial Listing
Jan 12, 2007
$590,000
Public Record