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$849,000 Just Listed
Property Description
This asset comprises three income-generating units, anchored by a detached main house at the front and supported by two additional 1-bed/1-bath units positioned above and below one another in the rear. This configuration provides built-in rental diversification, reduced vacancy risk, and multiple streams of rental income.
Strategically located in high-demand Leimert Park, the property sits less than 3 miles from USC, a major driver of year-round rental demand. Its proximity to Exposition Park, the Los Angeles Memorial Coliseum, Downtown LA, LAX, Marina del Rey, Santa Monica, and Venice Beach further strengthens its appeal for both long-term tenants and furnished rental strategies.
With strong location fundamentals and flexible unit mix, this property offers investors a compelling opportunity to enhance cash flow, stabilize returns, and benefit from continued growth in one of Los Angeles' most resilient rental corridors.
Full Property Details
Full Property Details for 4241 Arlington
General
- Price: $849,000
- Status: Active
- Type: Multi-Family
- Source: MRMLS
- MLS ID: DW26039020
- Updated: Today (2/21/2026)
- Added to Site: Today
Interior
- Rooms/Areas: Basement, Kitchen, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Multi-Level Bedroom
- Fireplace(s): Living Room, Gas
- Appliances: Gas Range, Refrigerator
- Flooring: Carpet
Rooms
Other Rooms
- Laundry: Gas Dryer Hookup, In Garage
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 2
- Parking Features: Driveway, Paved, Driveway Level, Garage, Garage Faces Side, Garage (Two Doors), On-Site, Parking Space
- Parking: Driveway, Paved, Driveway Level, Garage, Garage Faces Side, Garage (Two Doors), On-Site, Parking Space
Location
- Area: 699 - Not Defined
- County: Los Angeles
- Development Name: 699 - Not Defined
- Driving Directions: Arlington Ave and Vernon Ave
Heating & Cooling
- Cooling Type: None
- Heating Type: Central
Utilities
- Water: Other
- # Water Meters: 1
- # Gas Meters: 3
- # Electric Meters: 3
Structural Information
- Foundation: Raised
- Roof: Asphalt, Tile
- Entry Location: Front
- Stories/Levels: One,Two
- Stories Description: One, Two
- Square Feet: 2,408
- Year Built: 1928
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.1493
- Lot Size (Sq. Ft.): 6,503
- Lot Size Source: Assessor
- Lot Description: 2-5 Units/Acre, Front Yard, Lot 6500-9999, Rectangular Lot, Level, Near Public Transit, Paved
Financial Considerations
- Price Per Sq. Ft.: $352.57
- Price Per Unit: 283000
Listed by Century 21 Cornerstone, Deysi Figueroa
Get Pre-Approved Today
Schools
Schools serving 4241 Arlington
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Forty-Second Street Elementary School 4231 4th Avenue, Los Angeles, CA 90008 | K-5 | 0.2 mi |
Audubon Middle School 4120 11th Avenue, Los Angeles, CA 90008 | 6-8 | 0.6 mi |
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet 5010 11th Avenue, Los Angeles, CA 90043 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4241 Arlington
Date
Details
Price
Change
Source
2/21/2026
Listed
$849,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 4241 Arlington
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,120
3%
$228,974
4%
2023
$3,028
4%
$220,084
2%
2022
$2,903
2%
$215,770
2%
2021
$2,853
-1%
$211,540
1%
2020
$2,875
4%
$209,372
2%
2019
$2,774
4%
$205,267
2%
2018
$2,656
2%
$201,244
2%
2017
$2,604
3%
$197,299
2%
2016
$2,519
1%
$193,431
2%
2015
$2,485
-1%
$190,526
2%
2014
$2,514
—
$186,795
—
2013
$2,508
—
$185,952
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4241 Arlington
4241 Arlington, Los Angeles, CA 90008 (MLS# DW26039020) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 4241 Arlington is currently listed for $849,000 and was received on February 21, 2026. Want to learn more about 4241 Arlington? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles Southwest? You can browse all Los Angeles Southwest real estate or contact a Coldwell Banker agent to request more information.
