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$1,500,000
6 bed
5 bath
0 Sqft
10,401 Sqft lot

3130 Arvia Street, Los Angeles, California 90065

  • Residential Income Property Type
  • 77 Days Time on market
  • 1910 Year Built
Property Description

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!

Basic Details
Residential Income
Buy
DW24014239
$1,500,000
6
5
0 Sqft
1910
10,401 Sqft
Active
Apartment
Houses
Features
: Wall Furnace, Natural Gas, Floor Furnace
: Wall/window Unit(s)
: Block, Chain Link
: Neighborhood
: Gas Water Heater
: Bungalow
: Park, Sidewalks, Street Lights, Urban, Biking, Storm Drain(s)
3
$0
: Shingle
: Public Sewer
Address
CA
Los Angeles
Los Angeles
90065
3130 Arvia Street
3130
Street
0
W119° 46' 17.6''
N34° 5' 48.8''
Additional Information
77
1
1
1
: One
1
: Electric Dryer Hookup, Laundry Room, Gas Dryer Hookup, Inside
0
3,032 Sqft
1
0 Sqft
0 Sqft
: Jack And Jill Bath
0.24 Sqft
10,401 Sqft
1
: No Common Walls
0 Sqft
LAR1
5454028030
$0
$0
$0
$0
1
$0
$0
0 Sqft
1
0 Sqft
$0
1
14/02/2024 10:00:51
$0
: Standard, Trust
Cash,Cash to New Loan,Conventional,FHA,Submit
East of Cypress Ave and West of Isabel Street
Destrahan
Harry Hurst
Coldwell Banker George Realty
Maricruz Veloz
DWCDG
YVELOMAR
$0
: Stucco, Drywall
0
: Electricity - On Property
: Tile, Wood, Vinyl, Laminate
1
: Street Level, Back Yard, Landscaped, Front Yard, Garden, Yard, Near Public Transit
1
: Cable Available, Electricity Connected, Natural Gas Connected, Water Connected, Sewer Connected
: Screens
1
: Square Feet
: Community Apartment
yes
1
3
5
5
1
5
5
Shed(s)
Carbon Monoxide Detector(s),Smoke Detector(s)
1
184
0
US-06037-N-5454028030-R-N
Apartment
14/02/2024 18:12:38
Arvia
CYPK - Cypress Park
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