1218 Arapahoe St Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90006
Key Details
Property Type Single Family Home
Sub Type Commercial/Residential
Listing Status Active
Purchase Type For Sale
Square Footage 10,314 sqft
Price per Sqft $484
MLS Listing ID DW-25031104
Style Modern
Year Built 2022
Lot Size 7,250 Sqft
Property Sub-Type Commercial/Residential
Property Description
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.
Location
State CA
County Los Angeles
Area Krea - Koreatown (L)
Interior
Heating Central
Cooling Central Air
Fireplaces Type None
Laundry Gas & Electric Dryer Hookup,Washer Hookup
Exterior
Parking Features Driveway Level,Garage,Garage Faces Rear,Street
Garage Spaces 4.0
Pool None
Community Features Biking,Curbs,Sidewalks,Street Lights,Urban
View Y/N Yes
View Hills,City Lights
Building
Lot Description 2-5 Units/Acre
Sewer Public Sewer