1214, 1214 1/2, 1216, 1216 1/2 &' 1218 Arapahoe St, Los Angeles CA 90006
Option For Sale or Lease
Presenting a Clean Modern look 2022 NEW CONSTRUCTION 5 Unit Property.
Don’t miss out on this Huge Discount. Priced to go.
Similar Project Appraised at $5,870,000. Similar project located just 1 Street away, same builder, same Bedroom &' Bathroom count, with approx. 1,553 sqft less than 1218 Arapahoe St.
Sales prices gives the Buyer a great opportunity to a good amount of equity.
This project is located in a hot rental area. Location, location, location! Property has little to no maintenance' super convenient for the owner. A perfect co living investment property that when leased would bring in a Pro forma Cap rate of 7.433%.
Property’s breakdown is the following: 1(FRONT, SFR) Unit is 7 BED, 6 BATH.
(MIDDLE Duplex-mirrored units) is 7 BED, 7 BATH X2
(REAR Duplex-mirrored units) is 5 BED, 5 BATH X2
Total of 31 Bedrooms and 30 Baths
All units are Quad-Level &' separately metered for each utility service.
This property is rare to find, making it a hot commodity!
Buyer(s) to independently verify all information on this listing. Listing agent is not liable for any information that turns out incorrect. The accuracy of all information, regardless of source, including but not limited to square footages, lot sizes, income, and expenses, is deemed reliable but not guaranteed.
Option For Sale or Lease
Presenting a Clean Modern look 2022 NEW CONSTRUCTION 5 Unit Property.
Don’t miss out on this Huge Discount. Priced to go.
Similar Project Appraised at $5,870,000. Similar project located just 1 Street away, same builder, same Bedroom &' Bathroom count, with approx. 1,553 sqft less than 1218 Arapahoe St.
Sales prices gives the Buyer a great opportunity to a good amount of equity.
This project is located in a hot rental area. Location, location, location! Property has little to no maintenance' super convenient for the owner. A perfect co living investment property that when leased would bring in a Pro forma Cap rate of 7.433%.
Property’s breakdown is the following: 1(FRONT, SFR) Unit is 7 BED, 6 BATH.
(MIDDLE Duplex-mirrored units) is 7 BED, 7 BATH X2
(REAR Duplex-mirrored units) is 5 BED, 5 BATH X2
Total of 31 Bedrooms and 30 Baths
All units are Quad-Level &' separately metered for each utility service.
This property is rare to find, making it a hot commodity!
Buyer(s) to independently verify all information on this listing. Listing agent is not liable for any information that turns out incorrect. The accuracy of all information, regardless of source, including but not limited to square footages, lot sizes, income, and expenses, is deemed reliable but not guaranteed.
Property Details
Price:
$4,997,000
MLS #:
DW25031104
Status:
Active
Baths:
0
Address:
1218 Arapahoe St
Type:
Residential Income
Subtype:
Commercial/Residential
Neighborhood:
kreakoreatown
City:
Los Angeles
Listed Date:
Feb 13, 2025
State:
CA
ZIP:
90006
Lot Size:
7,250 sqft / 0.17 acres (approx)
Year Built:
2022
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Schools
Interior
Cooling
Central Air
Fireplace Features
None
Heating
Central
Exterior
Community Features
Biking, Curbs, Sidewalks, Street Lights, Urban
Garage Spaces
4.00
Lot Features
2-5 Units/ Acre
Parking Features
Driveway Level, Garage, Garage Faces Rear, Street
Parking Spots
10.00
Pool Features
None
Sewer
Public Sewer
Stories Total
4
View
City Lights, Hills, Neighborhood
Water Source
Public
Financial
Association Fee
0.00
Tenant Pays
All Utilities, Insurance
Map
Community
- Address1218 Arapahoe St Los Angeles CA
- AreaKREA – Koreatown
- CityLos Angeles
- CountyLos Angeles
- Zip Code90006
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1218 Arapahoe St
Los Angeles, CA
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