Call your local brokerage at 844.662.5628
For Sale:$11,200,000
$39,636/mo
Monthly Payment:
$39,636
Principal & Interest:
$39,636
HOA Dues:
$0
(Based on a 30 year fixed loan at 3.38% with $2,240,000 down)
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3804 Arlington Avenue


Los Angeles, CA 90008

Leimert Park Los Angeles Unified School District
29,625sq ft $378 / sq ft MFR
Lot Size27,154sq ft Built1993 On site172days
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Rare opportunity for Investors familiarized with the Low Income Housing Tax Credit program (Created by Tax Reform Act of 1986 -TRA86) to own and manage Low Income Housing 29 Units building built in 1993 by original developer. All Units are under program. 6.24% CAP Rate is estimated and based on GIM and Annual Tax Credit. ALL INFORMATION HEREIN MUST BE INVESTIGATED BY BUYER* Integrated with Section 8 & Section 42 which have helped meet a critical affordable housing shortage by stimulating the production or rehabilitation of nearly 2.4 million affordable homes since 1986. The California Tax Credit Allocation Committee (CTCAC) administers the federal and state Low-Income Housing Tax Credit Programs. Both programs were created to encourage private investment in affordable rental housing for households meeting certain income requirements. The first step in the process is submitting an application to a state authority, which will consider the application competitively. The original project is required to meet the particular project's low income requirements for a 15-year initial "compliance period" and a subsequent 15-year "extended use period". Many developers agree to make 100% of the units low income in order to maximize the potential tax credits.
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Last Checked For Updates: 22 minutes We update property info including price, photos, sale status and more as soon as it’s available. Here’s how we stay up-to-date. ago Status: Active Views: 27
MLS #SR16130340 , Listed on 06/07/16 by SAGIE SHEMESH, License# 01395464, KELLER WILLIAMS REALTY
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MLS Listing Information for 3804 Arlington Avenue

Exterior Features

Parking

  • 57 Parking Spaces
  • 57 Garage Spaces
  • Covered Parking
  • Driveway Gate
  • Assigned
  • Unassigned
  • Onsite Parking For Guests
  • Parking Space
  • Private
  • Side By Side
  • Underground
  • Tandem

Pool Type

  • No Pool

Foundation

  • Combination
  • Concrete Block

Siding

  • Brick
  • Concrete
  • Steel
  • Stucco
  • Wood

Lot Description

  • Curbs
  • Sidewalks
  • Street Lighting
  • Landscaped
  • Lawn
  • Near Public Transit
  • Park Nearby

Lot Size

  • 27,154 Sq. Ft.

Views

  • Courtyard

Stories Desc.

  • Three or More Levels

# of Units

  • 5 or more

Utilities

Water

  • Water District
  • Public

Sewer

  • In
  • Connected & Paid
  • Connected on Bond
  • In Street

Additional Information

County

  • Los Angeles

Handicap Features.

  • Parking
  • Elevator

Listing Broker

  • KELLER WILLIAMS REALTY

Tract or Subdivision

  • Arlington Rodeo

Cross Street

  • Rodeo Rd

Listing Agent

  • SAGIE SHEMESH
  • License# 01395464 (Lic. #01395464)

Amenities

  • Turnkey
  • Entry TV

Assessments

  • 0

Originating MLS

  • CRIS Net Regional Multiple Listing System

Price History for 3804 Arlington Avenue

Date Event Price Source
06/07/16 New Listing $11,200,000 CARETS

Schools Information

From Public Records
School District: Score      
Los Angeles Unified School District
4.7
     

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Term:
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Monthly Payment**:
Principal & Interest:
HOA Dues: $0
Loan Type Rate APR
30 yr fixed 3.38% 3.45%
15 yr fixed 2.75% 2.75%
5/1 ARM 2.63% 3.13%
Updated Mar 23, 2016   Disclosures

Nearby Homes For Sale

Houses for sale near 3804 ARLINGTON AVE
3804 Arlington Avenue, Los Angeles, CA 90008 is a property for sale. This Los Angeles, CA Multi-Family home has a lot size of 27,154 Sq. Ft. and has been on ZipRealty.com for 172 days. 3804 Arlington Avenue was built in 1993 and is currently listed for $11,200,000.

The 3804 Arlington Avenue Los Angeles, CA 90008 listing is provided courtesy of KELLER WILLIAMS REALTY. Want to find more homes for sale near you? On ZipRealty.com, you can view all Los Angeles MLS listings, see property photos, find a real estate agent and more. We update our real estate listings every 2 minutes, so your MLS search results are current and complete.
Local real estate services provided by:
Coldwell Banker Residential Brokerage
Coldwell Banker Residential Brokerage
5161 California Ave, Ste 250
Irvine, CA 92617

844.662.5628
Website provided and owned by Coldwell Banker Residential Brokerage.
 
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3804 Arlington Avenue Los Angeles, CA 90008 $11,200,000
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Based on information from CARETS as of Sunday, December 4, 2016 at 4:43 PM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX provided by ZapLabs.