3804 Arlington Avenue, Los Angeles, CA 90008

  • $11,200,000
  • 31 Days on site
  • Est: $41,495/month
  • Mortgage Center
  • Beds: n/a
  • Baths: n/a
  • Multi-Family Home


Tax Credited Property well managed would typically not be much affected by the vacancy factor, as there are many candidates signing up for the program. For multiple reasons, it is priced differently than the majority of Multi-Family Housing available on the market. Therefore the Income Approach is to be examined and investigated according to the program, and not by GRM and CAP rates. Investor should be familiar with rules and regulations, Terms and Conditions, Eligible Basis, Credit Limitation, partnership and syndication. LIHTC program is administered at the state level by State housing finance agencies getting a fixed allocation of credits based on its population calculated by e. g. $2. 10 multiplied by residents. The state housing agency has wide discretion in determining which projects to award credits, and applications are considered under the state's "Qualified Allocation Plan" (QAP). The credits are usually awarded to projects in a few "allocation rounds" held each year, on a competitive basis, thus providing dollar expenditure for supplementing the majority of Tenant?s Rent portion. Properties are developed by partnerships and are aggressively incentivized by the Government to build this type of Housing by specific requirements. Click here to learn more about this listing.

  • MLS ID# SR16130340
  • Year Built: 1993
  • 31 Days on site
  • Multi-Family Home
  • Beds: n/a
  • Baths: n/a

Listing Details

Lot Size
Approximately 27007 Square Feet
Parking Space(1)
Brick Exterior, Stucco Exterior, Wood Exterior

Local Info

Median Household Income
Median Years In Residence
Median Homeowner Age
Households with Children
Percent of Homes Rented

Nearby Elementary Schools

3875 Dublin Ave
3672 7th Ave
4020 Roxton Ave

Nearby Middle Schools

3672 7th Ave
4020 Roxton Ave
2202 West Mlk Jr Blvd

Nearby High Schools

4126 Arlington Ave
3751 S Harvard Blvd
4120 11th Ave

These are the closest schools to your requested location. Proximity does not guarantee enrollment eligibility. Please consult your real estate agent or school district to confirm the schools you are zoned to attend.

Mortgage Rates

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Property Contact Info

Listing Provided By: Keller Williams Realty
(818) 993-1300
Listing Agent: Sagie Shemesh

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