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1837 Arlington Ave, Los Angeles, CA 90019
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1837 Arlington Ave Los Angeles, CA 90019

$1,355,000 Sold Price as of 03/25/2021
  • 20 Beds
  • 10 Baths
  • 4,308 Sq.Ft.
Sold
$1,355,000 Sold Price as of 03/25/2021 Refinance Your Mortgage
Map preview of 1837 Arlington Ave, Los Angeles, CA 90019

Property Overview: 1837 Arlington Ave Los Angeles, CA has 20 bedrooms, 10 bathrooms, 4,308 living square feet and 5,835 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: A rare opportunity to acquire fully renovated income units in the Mid- Los Angeles/Koreatown area. It took a lot of times and resources to finish this project in 2006. All work with the planning and permits has been done, and the property has been managed well and kept in great condition. Each spacious unit has an in-unit laundry, two secure gated parking spaces, and is individually metered for gas and electric. Easy to manage, with great tenants. Conveniently located just minutes away from Koreatown, Hollywood, DTLA, USC, Staples Center, Grove, and Major freeways. Add this to your portfolio now!

Listed by Ted Lee | BRE #01353056 | Level Real Estate
Last checked: 14 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 102

Home details

Lot Sq. Ft
5,835
HOA Dues
$0/mo
Year built
1916
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
20647442
City
Los Angeles
County
Los Angeles
Time on Site
1353 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,850
  • Total Rent: $1,850
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,900
  • Total Rent: $1,900
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,800
  • Total Rent: $1,800
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 4
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 14.61
  • Gross Scheduled Income: --
  • Net Operating Income: $65,681
  • Gross Operating Income: $93,000
Annual Expense Breakdown
  • Total Operating Expense: --

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 1837 Arlington Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Room Information
  • Flooring: Tile, Laminate
Kitchen Information
  • Has Appliances
  • Vented Exhaust Fan, Gas Oven, Range
Interior Features
  • Security Features: Gated Community, Automatic Gate, Fire and Smoke Detection System
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Community Structure, Gated, Tandem Garage
Property Information
  • Total # of Units: 4
  • Parcel Number: 5072030021
  • Architectural Style: Contemporary
  • Property Condition: Updated/Remodeled
Location / Neighborhood
Location Information
  • Directions: Arlington Ave & North of Washington Blvd
View more facts & features

Local Los Angeles Agent

Sale History for 1837 Arlington Ave

Last sold for $1,355,000 on March 25th, 2021

  • March, 2021

  • Mar 30, 2021

    Date

    Sold

    CRMLS: 20647442

    $1,355,000

    Price

  • Mar 6, 2021

    Date

    Pending

    CRMLS: 20647442

    $1,359,000

    Price

  • Jan 28, 2021

    Date

    Active Under Contract

    CRMLS: 20647442

    $1,359,000

    Price

  • Oct 15, 2020

    Date

    Active

    CRMLS: 20647442

    $1,359,000

    Price

  • July, 2020

  • Jul 1, 2020

    Date

    Expired

    CRMLS: 20547000

    $1,359,000

    Price

  • Jun 26, 2020

    Date

    Withdrawn

    CRMLS: 20547000

    $1,359,000

    Price

  • Jan 28, 2020

    Date

    Active

    CRMLS: 20547000

    $1,359,000

    Price

  • Listing provided courtesy of CRMLS

    A rare opportunity to acquire fully renovated income units in the Mid- Los Angeles/Koreatown area. It took a lot of times and resources to finish this project in 2006. All work with the planning and permits has been done, and the property has been managed well and kept in great condition. Each spacious unit has an in-unit laundry, two secure gated parking spaces, and is individually metered for gas and electric. All units are rented, easy to manage, with great tenants. Conveniently located just minutes away from Koreatown, DTLA, USC, Staples Center, Grove, and Major freeways. Add this to your portfolio now!

  • November, 2019

  • Nov 1, 2019

    Date

    Expired

    CRMLS: 19441200

    $1,399,000

    Price

  • Oct 1, 2019

    Date

    Withdrawn

    CRMLS: 19441200

    $1,399,000

    Price

  • Jul 10, 2019

    Date

    Price Change

    CRMLS: 19441200

    $1,399,000

    Price

  • Mar 6, 2019

    Date

    Active

    CRMLS: 19441200

    $1,429,000

    Price

  • Listing provided courtesy of CRMLS

    Completely renovated fourplex in the Mid-Los Angeles area. All electrical, plumbing, windows, interiors, the configuration of the rooms have been renovated and updated, with permits. Each spacious unit has a washer/dryer, two gated parking spaces, and is individually metered for gas and electric. All units are rented, easy to manage, with great tenants. Conveniently located just minutes away from Korea-town, DTLA, USC, Staples Center, Hollywood, Grove, 10,110, & 101 freeways. Simply a perfect property for an investor!

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Tax History for 1837 Arlington Ave

Assessed Value (2020): $119,115
Year Land Value Improved Value Assessed Value
2020 $89,342 $29,773 $119,115

Home Value Compared to the Market

This property vs the competition

1837 Arlington Ave sold on March 25, 2021 for 21.34% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $315.46 per/sqft which puts the price per square foot 56.43% lower than the current median sale per square foot for the city of Los Angeles.

About 1837 Arlington Ave

Detailed summary of property

1837 Arlington Ave is a multi family that recently sold in Los Angeles, CA 90019. This multi family property offered 20 bedrooms, 10 bathrooms, roughly 4,308 living square feet, and sits on an approximately 5,835 square foot lot. 1837 Arlington Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,355,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 21.34% higher than the current median priced home. Local homes that are currently for sale include 1248 S Manhattan Pl, 1632 Crenshaw Blvd and 2201 Cambridge St. While the average home in Los Angeles, CA is selling in 106 days, 1837 Arlington Ave has a days on market of 102 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 1837 Arlington Ave Los Angeles, CA 90019 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1837 Arlington Ave

Public county record property details
Beds
4
Baths
4
Year built
1916
Sq. Ft.
4,308
Lot Size
5,834
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
23
APN
5072-030-021

The source for these homes facts are from public records.

90019 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,399,999
Median List Price/Sq.Ft.
$702
Median Sold Price
$1,277,500
Median Sold Price/Sq.Ft.
$715
Total Inventory
94
Median Sale to List Price %
98.65%
Avg Days on Market
29
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (20%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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