
Los Angeles, California 90018
This High-Potential Investment Opportunity is a Quadruplex listed at $1,329,000, positioned above the $1,256,136 Fair Market Value. While the property requires significant capital expenditure due to its Condition Rating of 5, the R3-zoned lot and 7,095 sqft footprint provide substantial long-term development upside. The dual-building configuration offers a versatile layout for rental income optimization in the Arlington Heights submarket. This asset is best suited for Buy-and-Hold Investors or experienced developers capable of managing extensive deferred maintenance and structural rehabilitation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2011 Arlington Subject | $1,329,000* List Price | 0 | 0 | 3,268 | $384 | - |
A 2546 S Bronson Active | $1,201,000 List Price | 0 | 0 | 3,207 | $374 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1905 (>100 years old) with no mention of recent renovations. The 'AS-IS' sale status and visible exterior wear suggest significant deferred maintenance and likely outdated systems, kitchens, and baths requiring a full rehab.
The property is situated on a 7,095 sqft R3-zoned lot, offering significant potential for future development or increased density in a prime Los Angeles location.
As a rare 4-unit multifamily quadruplex, this property provides a strong opportunity for immediate rental income in the high-demand Arlington Heights submarket.
The presence of two separate buildings on a single lot enhances tenant privacy and provides a more manageable configuration compared to traditional single-block apartment buildings.
The property is being sold in 'As-Is' condition, indicating that the buyer will likely need to budget for immediate repairs and deferred maintenance.
Built in 1905, the structure may require extensive updates to its vintage electrical, plumbing, and foundational systems to meet modern safety standards.
Rare 4-unit multifamily opportunity in Arlington Heights. Two separate buildings on a single 7,095 sqft R3-zoned lot. Sold AS-IS.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 3,268 | 2,250 |
| Lot Size | 7,095 | 5,864 |
| Price | $1.33M | $826.7K |
| Price per sq ft | $407 | $395 |
| Built year | 1905 | 1925 |
| HOA | $0 | $0 |
| Days on market | 13 | 83 |
Jul 9, 2026
$1,329,000
Initial Listing
Sep 26, 2019
$970,000
Public Record
Mar 11, 2019
$835,000
Public Record
Jul 26, 2011
$420,000
Public Record