1612 Arlington Ave Los Angeles, CA 90019
Arlington Heights NeighborhoodEstimated payment $6,719/month
Total Views
1,085
6
Beds
3.5
Baths
2,141
Sq Ft
$490
Price per Sq Ft
Highlights
- Detached Guest House
- Bonus Room
- Home Office
- Traditional Architecture
- No HOA
- Laundry Room
About This Home
**Prime Development Opportunity Near Koreatown Ripe for Multi-Family Building** Introducing a rare Vacant property located just minutes from the heart of vibrant Koreatown, this charming single-family residence sits on a spacious RD2-zoned lot, offering exceptional potential for multi-family redevelopment. 3 Units (Front Duplex and Rear ADU) with potential rental income of $7,500 per month. Walking distance to Koreatown's top restaurants, shops, and cafes. Quick access to DTLA, Hancock Park, and major freeways. High-demand rental area with strong appreciation trends. Whether you're an owner-user looking to live now and build later, or a savvy developer ready to capitalize on LA's growing housing demand, this property offers the flexibility and location to make it a standout investment.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,982
Year Built
- Built in 1907
Lot Details
- 8,540 Sq Ft Lot
- Lot Dimensions are 50x171
- West Facing Home
- Property is zoned LARD2
Parking
- 6 Parking Spaces
Home Design
- Traditional Architecture
- Fixer Upper
Interior Spaces
- 2,141 Sq Ft Home
- 2-Story Property
- Home Office
- Bonus Room
- Laminate Flooring
Kitchen
- Oven or Range
- Dishwasher
Bedrooms and Bathrooms
- 6 Bedrooms
Laundry
- Laundry Room
- Laundry Located Outside
Additional Features
- Detached Guest House
- Heating System Mounted To A Wall or Window
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 5073-023-011
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $11,982 | $1,045,000 | $778,000 | $267,000 |
| 2024 | $11,982 | $958,800 | $714,000 | $244,800 |
| 2023 | $9,329 | $744,525 | $616,240 | $128,285 |
| 2022 | $8,908 | $729,927 | $604,157 | $125,770 |
| 2021 | $8,790 | $715,615 | $592,311 | $123,304 |
| 2019 | $8,532 | $694,392 | $574,744 | $119,648 |
| 2018 | $8,408 | $680,777 | $563,475 | $117,302 |
| 2016 | $5,360 | $423,051 | $337,748 | $85,303 |
| 2015 | $5,285 | $416,697 | $332,675 | $84,022 |
| 2014 | $5,311 | $408,536 | $326,159 | $82,377 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/05/2025 08/05/25 | For Sale | $1,049,900 | +53.8% | $490 / Sq Ft |
| 03/03/2025 03/03/25 | Sold | $682,500 | -20.6% | $319 / Sq Ft |
| 01/29/2025 01/29/25 | Pending | -- | -- | -- |
| 11/29/2024 11/29/24 | For Sale | $860,000 | 0.0% | $402 / Sq Ft |
| 11/21/2024 11/21/24 | Pending | -- | -- | -- |
| 11/14/2024 11/14/24 | For Sale | $860,000 | -- | $402 / Sq Ft |
Source: The MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Prominent Escrow | |
| Grant Deed | $682,500 | Fin Title | |
| Trustee Deed | $876,539 | Title365 | |
| Gift Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $600,000 | Commonwealth Land Title Co | |
| Quit Claim Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $30,000 | Credit Line Revolving | |
| Previous Owner | $114,750 | Credit Line Revolving | |
| Previous Owner | $612,000 | Unknown | |
| Previous Owner | $480,000 | Purchase Money Mortgage | |
| Previous Owner | $75,000 | Unknown |
Source: Public Records
Similar Homes in the area
Source: The MLS
MLS Number: 25574323
APN: 5073-023-011
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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