1218 Arapahoe St
Los Angeles, CA 90006
0.17 acres | #DW25055203
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 of 31 Bedrooms and 30 Bathrooms
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
- ViewCityLights, Hills, Neighborhood
- Lot DescriptionTwoToFiveUnitsAcre
- Property TypeMulti-Family
- Sewer InformationPublicSewer
- CountyLos Angeles
- Original List Price$4,997,000
- MLS #DW25055203
- MLS #DW25055203
- Property SubtypeMixedUse
- Cost4997000
- Acres0.1664
- Utility SourcePublic
- Year Built2022
- Stories4
- Parking Spaces4
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Yossmira Hernandez (#DWHERYOS)
Listing Office: First Family Homes (#YFFH)
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