1661 Arlington Ave, Los Angeles, CA, 90019
About This Home
Investment opportunity in Arlington Heights! This charming Craftsman-style fourplex is located in the heart of Mid-City Los Angeles, one of the city’s most central and high-demand neighborhoods. The property consists of two detached buildings on a 5,963 sqft RD1.5 lot with 2,973 sqft of living space. The front building features two spacious units, one with 2 bedrooms and 1 bath, and the other with 1 bedroom and 1 bath. Both units offer excellent potential to be remodeled and converted into 3-bedroom, 1-bath apartments to maximize rental income. One unit is currently vacant and will be delivered vacant at the close of escrow. The rear building includes a two well-sized 1-bedroom, 1-bath units. Each apartment includes a covered garage space. This is a prime value-add opportunity with multiple exit strategies. The property qualifies for FHA financing, allowing owner-occupants or investors to take advantage of favorable terms. With strong rental demand, long-term appreciation, and development potential, this asset offers tremendous upside. Ideally situated near USC, Koreatown, Downtown LA, and the Westside, this property combines classic character, convenience, and investment potential. A rare find in a sought-after neighborhood, perfect for investors or developers looking for their next project.
Getting Around
Very Walkable
Good Transit
Very BikeableSchools
Construction
Condition
- Property condition: Repairs Cosmetic
- Year built: 1905
Materials
- Roof: Composition,Shingle
- Construction materials: Wood Siding
Type & Style
- Home type: MultiFamily
- Architectural style: Craftsman
- Property subType: Quadruplex
Interior
Appliances
- Laundry features: See Remarks
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 4
Features
- Multiple Staircases
- Flooring: See Remarks
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Heating & Cooling
- Heating features: Wall Furnace
- Cooling features: None
Interior Area
- Total structure area: 2,973
- Total interior livable area: 2,973 sqft
Property
Details
- Parcel number: 5072032004
- Attached to another structure: Yes
- Zoning: LARD1.5
- Special condition: Standard
Features
- Entry location: Floor, steps
- Pool features: None
- Spa features: None
- Fencing: Vinyl
- Has view: Yes
- View description: None
Lot
- Lot size: 5,963 sqft
- Features: 0-1 Unit/Acre,Back Yard,Front Yard,Near Public Transit
Parking
- Total spaces: 4
- Parking features: Assigned,Door-Single,Garage
- Has garage: Yes
- Attached garage spaces: 4
- Covered spaces: 4
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Inland Flooding
- Heat Wave
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Los Angeles County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $5,562 | $66,744 |
| Home Insurance * | $207 | $2,484 |
| Property Taxes | $1,142 | $13,704 |
| Electricity | $637 | $7,650 |
| Total | $7,548 | $90,576 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-01-04 | Price change | $1,100,000 |
| 2025-10-07 | Listed for sale | $1,200,000 |
| 2006-06-21 | Sold | $745,000 |
| 2004-09-24 | Sold | $565,000 |
| 1999-08-24 | Sold | $180,000 |
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