1218 Arapahoe St new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90006
$ 1500
31 Beds
24 Baths
10314 SqFt
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Rent
Square Footage 10,314 sqft
MLS Listing ID CRDW25055198
Bedrooms 31
Full Baths 24
HOA Y/N No
Originating Board Datashare California Regional
Year Built 2022
Lot Size 7,250 Sqft
Property Sub-Type Detached
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 Central
Cooling Central Air
Fireplaces Type None
Fireplace No
Laundry Other
Exterior
Garage Spaces 4.0
Pool None
View City Lights,Hills,Panoramic
Private Pool false
Building
Story 3
Water Public
Architectural Style Modern/High Tech
Schools
School District Los Angeles Unified