3968 Arlington Avenue, Los Angeles, California 90008, Los Angeles, 90008 - 0 bed, 0 bath
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Los Angeles, California 90008
This Residential Income Quadruplex represents a strategic Value-Add Asset listed at $1,100,000, positioned near its $1,070,505 Fair Market Value. The property features a 3-bedroom main house and three 1-bedroom units, currently holding a Condition Rating of 4. While one unit is renovated, the remaining units offer significant rental upside through cosmetic and system updates. Boasting Ample Parking with three garages and two carports, this high-demand urban property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to maximize cash flow in a convenient Los Angeles location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3968 Arlington Avenue Subject | $1,100,000* List Price | 0 | 0 | 2,720 | $394 | - |
A 4056 Creed Avenue Pending | $875,000 List Price | 0 | 0 | 2,376 | $368 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1940, this property is aged. While one 1-bedroom unit has been recently renovated with modern laminate flooring, updated kitchen cabinets, and recessed lighting, the remaining units and the main house are significantly dated. These unrenovated areas feature worn hardwood floors, older kitchens with dated cabinets, worn laminate countertops (some visibly damaged), and older appliances. Bathrooms in these units are basic and outdated. Heating is provided by wall-mounted units, and window AC is visible, indicating older systems. The property is functional but requires substantial cosmetic and system updates across most units to meet current quality standards and maximize rental value.
As a quadruplex (Residential Income property) featuring a 3-bed/2-bath main house and three 1-bed/1-bath units, it offers significant rental income opportunities.
The property boasts 3 garages (one for parking, two for storage), 2 carports, and 2 open spaces, providing substantial parking options crucial in Los Angeles.
Situated in Los Angeles, the property benefits from a 'convenient location' in a high-demand urban market.
Built in 1940, the property likely has original systems (plumbing, electrical, HVAC) that may require significant capital investment for modernization and maintenance across the unrenovated units.
With only one 1-bedroom unit explicitly renovated, the remaining units and the main house may be dated, necessitating further renovation to maximize rental value and tenant appeal.
The property has seen a price reduction from $1.2M to $1.1M, which could indicate an initial overvaluation or challenges in attracting buyers at the higher price point.
Property consists of One Single family house & Three 1 bedroom /1 bath unit , one upstairs 1 bedroom renovated .Front house has 3 bedroom/2 bath. Provided 3 garages ,2 carports and two open spaces . 1 single garage for parking and 2 sign garages used as storage.good size back yard and convenient location .3 garages,2 carport & 1 parking space. Convenient Location .
No exterior & parking available.
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 | 2,720 | 2,720 | 50% |
| Lot Size | 8,143 | 6,571 | 67% |
| Price | $1.10M | $1.16M | 33% |
| Price per sq ft | $404 | $459 | 33% |
| Built year | 1940 | 1940 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 926 | 181 | 0% |
Sep 24, 2025
$1,100,000
Initial Listing
Oct 9, 2023
$1,200,000
Initial Listing
Sep 23, 2010
$280,000
Public Record
Sep 16, 2004
$499,000
Public Record
Mar 26, 2004
$430,000
Public Record
Jul 2, 1998
$187,000
Public Record