
Los Angeles, California 90018
This quadruplex represents a High-Potential Investment Opportunity with a List Price of $1,325,000—positioned well below the $1,493,955 Fair Market Value by 11%. This valuation gap offers $168,955 in Instant Equity for investors. Featuring a Condition Rating of 3, the property offers significant value-add potential through mechanical upgrades. With an average of 1,200 square feet per unit, this asset is perfectly suited for Buy-and-Hold Investors or Value-Add Developers seeking a substantial multifamily footprint in a high-demand Los Angeles corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4051 W 21st Subject 0 bd · 0 ba · 4,716 sqft · $317 | $1,325,000* List Price | 0 | 0 | 4,716 | $317 | - |
A 2523 5th Avenue Sold 6 bd · 4 ba · 3,780 sqft · $311 · 0.5 mi | $1,175,000 | 6 | 4 | 3,780 | $311 | 0.5 mi |
B 2022 4th Avenue Active 0 bd · 0 ba · 4,662 sqft · $290 · 0.5 mi | $1,349,999 List Price | 0 | 0 | 4,662 | $290 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1926, the property has undergone cosmetic renovations with newer laminate flooring and fresh paint. The interiors appear clean, functional, and move-in ready, though the presence of older wall heaters indicates that some mechanical systems are dated.
With a total of 4,716 square feet, each 1-bedroom unit averages nearly 1,200 square feet, offering a rare level of spaciousness and character that commands premium tenant interest in the Los Angeles market.
Situated in Arlington Heights, the property offers strategic proximity to Downtown LA, Culver City, and USC, making it highly attractive to a diverse professional and student tenant base.
The property presents a significant opportunity for investors to modernize the 1920s architecture and capitalize on the neighborhood's ongoing revitalization to achieve superior rental yields.
Originally constructed in 1926, the property likely requires significant capital investment for system upgrades and deferred maintenance to align with modern building standards.
The availability of only uncovered parking spaces may be a drawback for tenants seeking the security and weather protection of a garage or covered facility.
An incredible opportunity to own a spacious quadruplex in the desirable neighborhood of Arlington Heights. Situated on an approximately 6,043 square foot lot, this 4-unit property totals an impressive 4,716 square feet, with each unit offering 1 bedroom and 1 bathroom. Step inside to discover exceptionally spacious units featuring generously sized living areas and bedrooms, offering the character and scale rarely found in Los Angeles 1-bedroom units. Each unit features its own small front balcony, individual front entry access, and rear exit access. Dedicated uncovered parking spaces are conveniently located at the rear of the property. The property presents an excellent opportunity for an investor looking to acquire a substantial multifamily asset in a centrally located Los Angeles neighborhood. The continued growth and revitalization of the surrounding areas provide potential for a new owner to enhance the property and achieve superior future returns with both immediate and long-term investment potential. Centrally located with convenient access to Downtown Los Angeles, Culver City, USC, Koreatown, the Westside, major freeways, shopping, dining, entertainment, and public transportation. A tremendous opportunity to own a well-sized four-unit property in one of Los Angeles' most centrally positioned neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 4,716 | 2,090.331 |
| Lot Size | 6,043 | 5,852.908 |
| Price | $1.32M | $830.9K |
| Price per sq ft | $281 | $394 |
| Built year | 1926 | 1928 |
| HOA | $0 | $0 |
| Days on market | 40 | 87 |
Sep 30, 2026
$1,325,000
Initial Listing