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, Other Rentals
Sub Type Other Rental Property
Listing Status Active
Purchase Type For Rent
Square Footage 10,314 sqft
MLS Listing ID CRDW25108708
Style Contemporary
Bedrooms 31
Full Baths 24
Year Built 2022
Lot Size 7,250 Sqft
Property Sub-Type Other Rental Property
Source California Regional MLS
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. Lease pricing is per room. 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-mi
Location
State CA
County Los Angeles
Area 699 - Not Defined
Interior
Heating Central Forced Air
Cooling Central AC
Fireplaces Type None
Laundry 30,38
Exterior
Parking Features Garage,Off-Street Parking
Garage Spaces 4.0
Pool None
View Hills,Local/Neighborhood,City Lights
Building
Story Three or More Stories
Water District - Public
Architectural Style Contemporary
Others
Tax ID 5076015003
Special Listing Condition Not Applicable