1218 Arapahoe St new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90006
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRDW25108670
Style Contemporary
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 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 B
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
Others
Special Listing Condition Not Applicable