Pending

1513 Arlington Avenue

Los Angeles, CA 90019

$1,525,000 $6,429/Mo

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Overview

Bed

Bath

5,857

Sqft

7,505

Sqft(Lot)

Description

SEE DOCS SECTION FOR OM. We are pleased to present the opportunity to acquire 1513 Arlington Ave., a nine-unit multifamily investment property located in the Arlington Heights neighborhood of Los Angeles. Built in1963, the property sits between Pico Boulevard and Venice Boulevard just south of 15th Street, placing it in one of the most centrally located rental markets in Los Angeles. The property offers investors a compelling value add opportunity. With one unit delivered vacant and strong rental upside, a new owner has the opportunity to increase income while benefiting from the long-term stability of a centrally located multifamily asset. PROPERTY DESCRIPTION1513 Arlington Ave. is a nine-unit multifamily property located in the Arlington Heights neighborhood Los Angeles. Built in 1963 , the two-story building offers a diverse unit mix consisting of studio, one bedroom, and two-bedroom apartments designed to appeal to a wide range of tenants. UNIT DETAILS All the units have well designed floor plans that include large bedrooms, large bathrooms, large kitchens, spacious living areas and ample closet space. Some units have been updated with new vinyl plank flooring, LED lighting, stainless steel appliances, kitchen cabinetry, granite counter tops, and new vanities, sinks, and tiled tubs in the bathrooms. Each unit also includes a wall heating system, double pane windows, and some have wall mounted air conditioning units. GENERAL BUILDING DETAILS The building has benefited from several capital improvements including the installation of a TPO roofing system, copper plumbing, a soft-story seismic retrofit, and upgraded double pane windows throughout the property. Community amenities include an on site laundry facility with two washers and two dryers. RUBS The current owner has begun implementing a utility reimbursement program (RUBS) for new tenant lease with Units 1 and 9. A new owner will be able to continue this program going forward. ADU POTENTIAL The front and rear tuck under parking areas are large and have ample ceiling height. These areas may offer opportunities for accessory dwelling unit development. Buyers are encouraged to verify the potential here with the City of Los Angeles. PROPERTY LOCATION 1513 Arlington Ave. is located in the Arlington Heights neighborhood of Los Angeles, a centrally located residential community known for its accessibility to major employment centers and vibrant surrounding neighborhoods. The property is situated near the intersection of Arlington Avenue and Pico Boulevard, providing tenants with convenient access to retail, restaurants, and neighborhood amenities. The area offers strong connectivity throughout Los Angeles with quick access to the 10 Freeway and several major arterial streets including Venice Boulevard, Pico Boulevard, and Washington Boulevard. Residents benefit from the property's central location, allowing easy commuting to Downtown Los Angeles, Koreatown, West Los Angeles, Beverly Hills, Hollywood and the greater Los Angeles metropolitan area. The neighborhood continues to attract renters seeking affordable housing options within close proximity to major job centers and lifestyle amenities.

Property Details

Property Type : Residential Income

Price : $1,525,000

AD Id : 76502646

MLS Id : 26669943

Beds : 9

Lot Size : 7,505 Sqft

Living Area Size : 5,857

Year Built : 1963

County : Los Angeles

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 9

Bathroom Information

Total Baths: 9 Full Baths: 0 Half Baths: 0
Cooling Features

None Air Conditioning

Heating Source

None Has Heating

Building Information

Year Built: 1963 Building Area Total: 5,857

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1723
Lot Size Source: Vendor Enhanced Lot Size Square Feet: 7505

Listing Price Information

Original List Price: 1,525,000 Listing Contract Date: 2026-03-26
Lease Information

Listing Agreement: Seller Reserved

Tax Information

Parcel Number: 5072034003

Garage and Parking

Garage Description: None

Homeowners Association

Other Property Info

Source Listing Status: Pending Source Neighborhood: C16 - Mid Los Angeles Postal Code Plus 4: 4554 Directions: Located in between W Pico Blvd and Venice Blvd. Zoning: LARD1.5 Source Property Type: Residential Income Area: C16 - Mid Los Angeles
Building and Construction

Property Age: 63 Year Built Source: Vendor Enhanced Total Square Feet Living: 5857 Levels or Stories: Multi/Split

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
1117 S Manhattan Place, Los Angeles, CA, 90019	$1,399,000	4	2	1,807	1,807 SqFt
1044 S St Andrews Place, Los Angeles, CA, 90019	$1,490,000	5	3	2,133	2,133 SqFt
1254 S Manhattan, Los Angeles, CA, 90019	$1,790,000	6	3	3,024	3,024 SqFt
941 S Gramercy Place, Los Angeles, CA, 90019	$2,695,000	12	--	7,360	7,360 SqFt
1415 S Manhattan Place, Los Angeles, CA, 90019	$2,280,000	9	5	7,512	7,512 SqFt
1415 S St Andrews Place, Los Angeles, CA, 90019	$2,799,000	12	--	9,268	9,268 SqFt
1415 S St Andrews Place, Los Angeles, CA, 90019	$1,925,000	12	--	9,268	9,268 SqFt
1070 S Wilton Place, Los Angeles, CA, 90019	$2,300,000	4	2	3,190	3,190 SqFt
1023 S Wilton Place, Los Angeles, CA, 90019	$1,425,000	7	7	2,660	2,660 SqFt
1220 S Wilton Place, Los Angeles, CA, 90019	$1,765,000	4	1	3,382	3,382 SqFt

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ByOwner last updated this listing 06/18/2026 @ 19:58

MLS: 26669943 LISTED BY: Josh Kaplan, Equity Union 818-989-2000 SOURCE: CRMLS