
Los Angeles, California 90019
This century-old multi-family asset represents a High-Potential Investment Opportunity with a List Price of $1,400,000—positioned well below the $1,695,718 Fair Market Value by 17%. This valuation gap secures $295,718 in Instant Equity. Each of the four units offers a spacious 1,100+ sqft layout, providing significant rental upside in a high-demand Mid-LA corridor. While the Condition Rating of 4 necessitates modernization of vintage systems, the 7,502 sqft lot ensures long-term appreciation. This is a prime acquisition for Buy-and-Hold Investors or Value-Add Developers.
Property is moderate renovation needed.
Built in 1923, this century-old 4-plex is described as having vintage building systems that require substantial capital improvements to modernize. While the exterior appears structurally intact and the units are spacious, the lack of recent renovation details and the age of the infrastructure suggest that major components and interior finishes like kitchens and bathrooms are likely outdated and show signs of significant wear.
Each of the four units offers over 1,100 square feet of living space, providing exceptionally large two-bedroom floor plans that are highly attractive to long-term tenants.
This 4-plex sits on a generous 7,502 square foot lot, offering a rare multi-family footprint in a high-demand rental market with significant income-generating potential.
Located in the C16 - Mid Los Angeles area near Arlington and Washington, the property boasts a central location with easy access to major transit corridors and downtown employment hubs.
Constructed in 1923, the property may require substantial capital improvements to modernize aging infrastructure and is likely subject to Los Angeles Rent Stabilization Ordinance (RSO) restrictions.
The majority of the immediate public schools in the area carry low performance ratings, which could limit the property's appeal to families and impact long-term appreciation.
W/Arlington N/Washington. Great 4 Plex. All units are 2 BR 1B with over 1100 sq ft.
No exterior & parking available.
Grades K-5 • 0.0 mi
Grades K-5 • 0.3 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 4,829 | 5,202 | 33% |
| Lot Size | 7,502 | 7,502 | 50% |
| Price | $1.40M | $1.40M | 50% |
| Price per sq ft | $290 | $269 | 67% |
| Built year | 1923 | 1924 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 30 | 231 | 33% |
Mar 23, 2026
$1,400,000
Initial Listing