1218 Arapahoe St new

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

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