$940,000

Estimated payment $6,102/month

Total Views 1,671
4 Beds
4 Baths
3,146 Sq Ft
$299 Price per Sq Ft

About This Home

Don’t miss this rare opportunity to own the lowest priced 4-unit property in Arlington Heights, one of LA’s most desirable and centrally located rental markets. Located just north of the 10 Freeway and adjacent to Koreatown, the property offers unbeatable access to top dining, shopping, and entertainment. All four units are oversized 1-bed/1-bath layouts, averaging 786 square feet—providing spacious, comfortable living that stands out in the area. Perfect for an owner-occupant or investor, this property also offers significant upside in rent, making it a smart long-term play.
With strong fundamentals and major potential, this is the opportunity you've been waiting for in Arlington Heights. Property will be sold with all 4 tenants, owner will not vacate any of the units.

Listing Agent

Juan Huizar

Sage Real Estate Group, Inc. Brokerage Phone: 562-307-0838 License #01417642 Listed on: 06/23/2025

Co-Listing Agent

Cody Charnell

Sage Real Estate Group, Inc. Brokerage Phone: 562-307-0838 License #01950585

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,461

Year Built

  • Built in 1921

Lot Details

  • 2,811 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • Quadruplex

Interior Spaces

  • 3,146 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Legal Lot and Block 13 / 35
  • Assessor Parcel Number 5072028013
  • $423 per year additional tax assessments

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $4,000
  • Trash Expense $1,200
  • Water Sewer Expense $2,000
  • New Taxes Expense $11,750
  • Operating Expense $18,950
  • Gross Income $58,818
  • Net Operating Income $41,172

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,461

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Price Per Unit: 235000
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Water Sewer Expenses: 2000.00
  • Zoning: LARD2
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 5072028013
  • Year Built: 1921
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 298.79

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2811.00
  • Lot Size Acres: 0.0645

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 786 Square Feet
  • Gross Income: 58818.00
  • Gross Multiplier: 15.98
  • Gross Operating Income: 57053.00
  • Gross Scheduled Income: 58818.00
  • Insurance Expense: 4000.00
  • Lot Size Area: 2811.0000 Square Feet
  • Net Operating Income: 41172.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 57053.00
  • Rent Control: Yes
  • Total Actual Rent: 4901.00
  • Total Expenses: 18950.00
  • Vacancy Allowance: 1765
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 11750.00
  • Tax Block: 35
  • Tax Census Tract: 2181.20
  • Tax Lot: 13
  • TaxOtherAnnualAssessmentAmount: 423.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $11,461 $790,500 $632,400 $158,100
2024 $11,461 $920,298 $697,197 $223,101
2023 $11,245 $902,254 $683,527 $218,727
2022 $10,731 $884,564 $670,125 $214,439
2021 $10,586 $867,221 $656,986 $210,235
2019 $10,272 $841,500 $637,500 $204,000
2018 $10,201 $825,000 $625,000 $200,000
2016 $4,730 $372,790 $223,674 $149,116
2015 $4,663 $367,192 $220,315 $146,877
2014 $5,214 $401,816 $301,362 $100,454
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 For Sale $940,000 +21.3% $299 / Sq Ft
03/22/2024 03/22/24 Sold $775,000 -8.8% $246 / Sq Ft
01/26/2024 01/26/24 Pending -- -- --
01/10/2024 01/10/24 For Sale $850,000 0.0% $270 / Sq Ft
01/02/2024 01/02/24 Pending -- -- --
12/11/2023 12/11/23 Price Changed $850,000 0.0% $270 / Sq Ft
12/11/2023 12/11/23 For Sale $850,000 -5.5% $270 / Sq Ft
11/27/2023 11/27/23 Pending -- -- --
11/17/2023 11/17/23 For Sale $899,000 -- $286 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Listed On Document
Grant Deed -- None Listed On Document
Grant Deed $775,000 First American Title Company
Grant Deed -- Accommodation
Grant Deed -- Title 365
Interfamily Deed Transfer -- Title 365
Interfamily Deed Transfer -- Title365 Company
Quit Claim Deed $360,000 Ticor Title
Trustee Deed $312,936 Pacific Coast Title Company
Grant Deed $405,000 --
Grant Deed -- First American Title Co
Trustee Deed $153,513 American Title Ins Co
Grant Deed $145,000 Benefit Land Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $581,260 New Conventional
Previous Owner $475,000 Adjustable Rate Mortgage/ARM
Previous Owner $370,000 Future Advance Clause Open End Mortgage
Previous Owner $367,000 Purchase Money Mortgage
Previous Owner $430,500 Unknown
Previous Owner $65,941 Unknown
Previous Owner $364,500 Purchase Money Mortgage
Previous Owner $142,689 FHA
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25139128

California Regional Multiple Listing Service (CRMLS)

APN: 5072-028-013