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$1,500,000
58 Days Online

3130 Arvia Street
Los Angeles, CA 90065

For Sale|Multi-Family|Active
County:
Los Angeles
Listed by Maricruz Veloz of Coldwell Banker George Realty 818-415-0856

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310-995-6273
3130 Arvia Street3130 Arvia Street3130 Arvia Street3130 Arvia Street
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Monthly Payment (Est.)

$6,844
Calculator powered by Showcase IDX. Copyright ©2024 Information is deemed reliable but not guaranteed.

Incredible and rare opportunity to acquire income property in a highly sought-after neighborhood. Cypress Park, named one of LA's hottest real estate neighborhoods by The LA Times and LA Weekly. Every unit within this five-unit property has its unique style and character. The front 2-bedroom, 1-bath home is spacious, quaint, and offers a sense of privacy. Surrounded by manicured gardens and separate fencing, it creates a tranquil and independent residence. The remaining four units consist of two separate duplexes, all featuring one-bedroom, one-bath units. Every unit is comfortable and comes with its own front porch and rear access. Step outside to find cozy sitting areas and shady trees with paths that lead you around the property. All units are well-maintained, providing residents with a clean and functional living experience. Each unit is also individually metered for gas and electricity, ensuring efficiency in operating costs. The generously sized lot of 10,401 sq ft offers countless possibilities for developers or investors focused on long-term returns. The backyard includes a detached outbuilding that could be converted into additional living space, presenting great potential to increase the property's value (Buyer to verify with the City of LABS for feasibility). These units are located in a high-demand rental area and have significant upside rent potential. Beyond the property, residents can explore the thriving neighborhood with great shops like Golden Poppy Market, Loquat Coffee, or tasty originals like the first-ever King Taco! Nearby is Rio de Los Angeles State Park with easy access to the LA River Bike Path. Whether you're an artist, a food enthusiast, or someone who appreciates a lively community, this property invites you to experience the best of it all. Located close to public transportation, Downtown Los Angeles, and Dodger Stadium. Come envision the untapped potential of this remarkable investment property!

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Listing Snapshot
Price 
$1,500,000
Days Online 
58 Days
Bedrooms 
N/A
Inside Area (SqFt) 
3,032 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2388 Acres
Year Built 
1910
MLS® Number 
DW24030448
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
PublicRecords
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS®
2 months agoListing first seen online
General Features
Construction 
Stucco
Parking Spaces 
3
Electric 
Electricity On Property
Number of Stories 
1
Acreage 
0.2388
Water 
Public
Security 
Carbon Monoxide DetectorsSmoke Detectors
Property Sub Type 
Multi Family
Utilities 
Cable AvailableElectricity ConnectedNatural Gas ConnectedWater Connected
Listing Conditions 
StandardTrust
Interior Features
Cooling 
Wall Window Units
Heating 
Floor FurnaceNatural GasWall Furnace
Laundry Features 
Washer HookupElectric Dryer HookupGas Dryer Hookup
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Exterior Features
Roof 
Shingle
Fencing 
BlockChain LinkGood ConditionWrought Iron
Lot 
Back YardFront YardGardenNear ParkNear Public TransitStreet LevelYard
Other Structures 
Living Quarters
Community Features
Community Features 
Park
MLS Area 
CYPK - Cypress Park
Security Features 
Carbon Monoxide DetectorsSmoke Detectors


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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