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$ 4,997,000
Est. payment /mo
New
1218 Arapahoe St Los Angeles, CA 90006
7,250 Sqft Lot
UPDATED:
02/18/2025 12:50 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRDW25031104
Style Contemporary
Originating Board California Regional MLS
Year Built 2022
Lot Size 7,250 Sqft
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 l
Location
State CA
County Los Angeles
Area Krea - Koreatown
Interior
Heating Central Forced Air
Cooling Central AC
Laundry 30, 38
Exterior
Parking Features Garage, Off-Street Parking
Garage Spaces 10.0
Pool None
View Hills, Local/Neighborhood, City Lights
Building
Story Three or More Stories
Water District - Public
Architectural Style Contemporary
Others
Tax ID 5076015003
Special Listing Condition Not Applicable
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Listed by Yossmira Hernandez • First Family Homes