Los Angeles, CA 90006,1218 Arapahoe St
Los Angeles, CA 90006,1218 Arapahoe St
Los Angeles, CA 90006,1218 Arapahoe St
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Listed by Yossmira Hernandez • First Family Homes
$4,997,000
Est. payment /mo
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10,314 SqFt
New

1218 Arapahoe St Los Angeles, CA 90006

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Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 10,314 sqft

Price per Sqft $484

MLS Listing ID CRDW25131587

HOA Y/N No

Year Built 2022

Lot Size 7,250 Sqft

Property Sub-Type Other

Source Datashare California Regional

Property Description

1214, 1214 1/2, 1216, 1216 1/2 & 1218 Arapahoe St, Los Angeles CA 90006 Presenting a Clean Modern look 2022 NEW CONSTRUCTION 5 Unit Property. Option For Sale or Lease 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. If not buying you can Rent the whole property or rent a unit privately, where everything in the unit is private to you. There's (1) unit 7 bedrooms and 6 bathrooms, (2) units of 7 bedrooms and 7 bathrooms, (2)units of 5 bedrooms and 5 bathrooms OR you can Rent per room, where Bedroom and Bath would be private; Common spaces like Kitchen and Laundry would be shared. 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, SingleFamilyResidence) 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

Location

State CA

County Los Angeles

Interior

Heating Other

Cooling Central Air

Fireplace No

Laundry Gas Dryer Hookup, Other

Exterior

View City Lights, Hills, Other


Bay East AOR and Contra Costa AOR

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agent

Max Manatt

Agent | License ID: 01957416

+1(925) 980-3375

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1218 Arapahoe St