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1929 Arlington Ave
Los Angeles, CA 90018

$3,590,000 USD

Apartments For Sale  •  14,042 SF

Property Details

• Property Type Apartments
• Total Building Size 14,042 SF
• Lot Size 0.3 AC
• Building Class C
• Year Built 1964
• Cap Rate 4.41 %
• Zoning R3-1, Los Angeles

56 Transit Score

85 Walk Score

Highlights

Partnership Wants It Sold!

Over 75% Upside in Rent

Soft Story Retrofit Completed

Financial Summary (Actual)

Net Operating Income: $158,478 USD (2023)

Cap Rate:	4.41 %
Total Expenses:	$117,565 USD

Amenities

• Courtyard

Public Transportation

Commuter Rail	Drive	Walk	Distance
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak)	10 min	-	5.8 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	12 min	-	6.1 mi
Airport	Drive	Walk	Distance
Los Angeles International	19 min	-	10.8 mi
Bob Hope	24 min	-	13.8 mi
Long Beach (Daugherty Field)	31 min	-	23.9 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	18
Type:	Covered
Included in Rent:	Yes