PARTNERSHIP WANTS IT SOLD — Listed near original purchase price.
Arlington Apartments is an 18-unit multifamily opportunity located in the centrally positioned Arlington Heights submarket, just minutes from Koreatown, Mid-City, and Mid-Wilshire. The property was built in 1964 and sits on a 12,899 SF LAR3-zoned lot with a total building size of approximately 14,042 SF.
This asset features a strong unit mix, with over 50% 2-bedroom units and nearly 75% upside in rents. The soft story retrofit has already been completed, and the laundry machines are seller-owned, adding additional income potential.
With walkable access to local restaurants, bars, and art galleries along Washington Blvd and Wilshire, Arlington Heights has become a popular, transit-friendly neighborhood with cultural diversity and steady growth. Its location just north of the 10 Freeway allows for quick access to Culver City, Downtown LA, and major employment hubs across the city.
This is a solid value-add play in a high-demand rental market, backed by a motivated seller and priced to move.