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2011 ARLINGTON Avenue, Los Angeles, CA 90018

Property · 2 recorded sales since 2019

2011 ARLINGTON Avenue, Los Angeles, CA 90018 Sold November 2019 CRMLS
$970,000Sold November 2019

Listing Agent: Guillermo Ma (DRE #01350503) · Listing Office: eXp Realty of California Inc · Contact: 888-584-9427 · Bought with: Young 'Lance' Kim · Kim Real Estate, Inc. · MLS #19471506 · Source: CRMLS

7,098 sqft
Lot Size
1905
Year Built
Property
Type
SeeRemarks
Cooling

About this property

100% VACANT - TRIPLEX RTI FOR 4 UNIT CONVERSION, CAN CONVERT TO 6 UNITS. The front structure was built in 1905 and rear built 1923. The property lot is 7,098 sf R3 zoned. The total building square footage is 3,268; the front is 2,176 sf and the rear is 1,092 sf. The lot has ample space for 7 parking spaces. The current unit mix is front, (2) 3+1 unit and rear (1) 2+1 unit. Current ownership has RTI to convert the property into 4 units with the existing square footage. The rear would become (2) 1+1 units and the front (1) 3+2 (1) 3+1. Another alternative is converting the property into 6 units by using the front as (4) studios and the rear as (2) 1+1. The property has enough parking to cover the 6-unit conversion. This charming property is minutes from the thriving Koreatown, Mid-City, DTLA, and USC. With its high rental income potential, location, and complete vacancy, this property is ideal for an investor or owner-user ready to take on a project and reap the benefits.

Listing description from the November 2019 sale, as reported to CRMLS.

Sale history

$970,000
Sold November 2019 · listed $1,000,000, on market May 2019 · MLS #19471506 · Source: CRMLS
Listing Agent: Guillermo Ma · Listing Office: eXp Realty of California Inc · Contact: 888-584-9427 · Bought with: Young 'Lance' Kim · Kim Real Estate, Inc.
$830,000
Sold March 2019 · listed $849,500, on market January 2019 · MLS #19428862 · Source: CRMLS
Listing Agent: John C. Pak · Listing Office: JP Investment Real Estate Grou · Contact: 213-915-0055 · Bought with: John C. Pak · JP Investment Real Estate Grou
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