1836 Arlington Avenue

    Los Angeles (City), CA 90019
    • $1,950,000
    • STATUS: Active
    • ON SITE: 6 days
    • ID#: 18333860
    New On Site 6 Days Ago
    UPDATED: 7 min ago
    $1,950,000
    • 0
      BEDS
    • 0.2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,980
      SQFT
    • $490
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1910
    County:

    School Ratings & Info

    Description

    Fully renovated turn-key 4 unit apartment building in the desirablesubmarket of the Arlington Heights neighborhood, in the heart of the Mid-Cities area of Los Angeles. The subjectproperty located at 1836 South Arlington Ave consists of (1) Three Bedroom/ Two Bath unit, (1) Two Bedroom/ Twoand Two Half Bath unit, and (2) Two Bedroom/ Two Bath units. All units have central air/heating, washer/dryers in theunits, tankless hot water heaters and come with two parking spaces each. This property is strategically located betweenVenice Boulevard and Washington Boulevard, just north of the US 10 freeway.The Mid-City submarket has experienced tremendous growth and revitalization, with several of the neighboringbuildings having recently gone through extensive renovations. Nestled near the 10 freeway, not far from Lafayette Square, Miracle Mile, Pico-Robertson, and Culver City, the building is close to the intersection of Washington and Venice Boulevards.

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    Based on information from CARETS as of 2018-04-23T07:44:26.527. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.
    www.lydiagable.com/homes/82648727

    1836 Arlington Avenue Los Angeles (City), CA 90019

    • Price: $1,950,000
    • Status: Active
    • Updated: 7 min ago
    • ID#: 18333860
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.2
    Acres
    3,980
    SQFT
    $490
    $/SQFT
    1910
    Built
    Neighborhood:
    Mid Los Angeles (C16)
    County:
    Los Angeles
    Area:
    Mid Los Angeles (C16)
    Property Description
    Fully renovated turn-key 4 unit apartment building in the desirablesubmarket of the Arlington Heights neighborhood, in the heart of the Mid-Cities area of Los Angeles. The subjectproperty located at 1836 South Arlington Ave consists of (1) Three Bedroom/ Two Bath unit, (1) Two Bedroom/ Twoand Two Half Bath unit, and (2) Two Bedroom/ Two Bath units. All units have central air/heating, washer/dryers in theunits, tankless hot water heaters and come with two parking spaces each. This property is strategically located betweenVenice Boulevard and Washington Boulevard, just north of the US 10 freeway.The Mid-City submarket has experienced tremendous growth and revitalization, with several of the neighboringbuildings having recently gone through extensive renovations. Nestled near the 10 freeway, not far from Lafayette Square, Miracle Mile, Pico-Robertson, and Culver City, the building is close to the intersection of Washington and Venice Boulevards.
    Exterior Features

    Parking Spaces Total 8 Parking Type Parking Space

    Interior Features

    Appliances None Cooling Type Central A/C Heating Type Central Furnace Total Floors 2 Unit Furnished01 Unfurnished Unit Furnished02 Unfurnished Unit Furnished03 Unfurnished Unit Furnished04 Unfurnished Unit Furnished05 Partially Unit Furnished06 Partially Unit Furnished07 Partially Unit Furnished08 Partially Unit Furnished09 Partially Unit Furnished10 Partially Unit Furnished11 Partially Unit Furnished12 Partially Unit Furnished13 Partially Unit Number Of Bath01 2.0 Unit Number Of Bath02 2.5 Unit Number Of Bath03 2.0 Unit Number Of Bath04 2.0 Unit Number Of Bed01 3 Unit Number Of Bed02 2 Unit Number Of Bed03 2 Unit Number Of Bed04 2

    Property Features

    Adjusted Gross Income 122802.00 Assessed Improvement Value 313140.00 Assessed Land Value 459000.00 Cap Rate 4.52 Country United States Of America Expense Electric 1200.00 Expense Gardener 1200.00 Expense Insurance 1800.00 Expense Maintenance 1200.00 Expense Management 4912.00 Expense Other 1000.00 Expense Tax 23264.00 Expense Total Annual 34576.00 Gross Operating Income 126600.00 Gross Rent Multiplier 15.40 Hoa YN N Legal Disclosures Take Property As Is Lot Size Source Public Records Net Operating Income 88226.00 Number Of Buildings 1 Special Conditions Standard Sale Square Footage Source Vendor Enhanced Unit Monthly Rent01 2850.00 Unit Monthly Rent02 2700.00 Unit Monthly Rent03 2500.00 Unit Monthly Rent04 2500.00 Unit Projected Total Monthly Rent01 3250.00 Unit Projected Total Monthly Rent02 2850.00 Unit Projected Total Monthly Rent03 2650.00 Unit Projected Total Monthly Rent04 2650.00 Unit Total Monthly Rent01 2850.00 Unit Total Monthly Rent02 2700.00 Unit Total Monthly Rent03 2500.00 Unit Total Monthly Rent04 2500.00 Unit Type01 1 Unit Type02 1 Unit Type03 1 Unit Type04 1 Units Total In Complex 4 Zoning Lard2

    Listing provided courtesy of Elliot Hassan BRE#01481211 of Marcus & Millichap.


    Based on information from CARETS as of 2018-04-23T07:44:26.527. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.
     
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