Homes for sale - 1218 Arapahoe St, Los Angeles, CA 90006

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John R Thompson

jrtcalibroker@gmail.com +1(805) 796-5221

Listed by Yossmira Hernandez • First Family Homes

$4,997,000

Est. payment - /mo

10,314 SqFt

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UPDATED:

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

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John R Thompson

+1(805) 796-5221

Broker/Owner | License ID: 01200900

Broker/Owner License ID: 01200900

1218 Arapahoe St Los Angeles, CA 90006

John R Thompson

Key Details

Location

Interior

Exterior

Building

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1218 Arapahoe St