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1218 Arapahoe St, Los Angeles, CA 90006
Priced at Only: $5,700,000
For more Information Call Mobile: 714.478.6676
Address: 1218 Arapahoe St, Los Angeles, CA 90006
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1218 Arapahoe St
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  • MLS#: DW24237833 ( Commercial/Residential )
  • Street Address: 1218 Arapahoe St
  • Viewed: 6
  • Price: $5,700,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 2022
  • Bldg sqft: 0
  • Days On Market: 37
  • Additional Information
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 90006
  • Provided by: First Family Homes
  • Contact: Yossmira Yossmira
  • California Regional MLS IDX
  • DMCA Notice
  • 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. 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 an 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. Cap rate 6.406% Propertys 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.
Features
Architectural Style
  1. Modern
Building Area Total
  1. 10314.00
Commoninterest
  1. None
Common Walls
  1. 1 Common Wall
Cooling
  1. Central Air
Country
  1. US
Days On Market
  1. 16
Electric Expense
  1. 0.00
Fireplace Features
  1. None
Fuel Expense
  1. 0.00
Garage Spaces
  1. 4.00
Heating
  1. Central
Insurance Expense
  1. 10000.00
Landleaseamount
  1. 40300.00
Landleaseamountfrequency
  1. Monthly
Laundry Features
  1. Gas & Electric Dryer Hookup
  2. Washer Hookup
Levels
  1. Three Or More
Lot Features
  1. 2-5 Units/Acre
Netoperatingincome
  1. 421400.00
Parcel Number
  1. 5076015003
Parking Features
  1. Driveway Level
  2. Garage
  3. Garage Faces Rear
  4. Street
Pool Features
  1. None
Professionalmanagementexpense
  1. 0.00
Property Type
  1. Commercial/Residential
Property Condition
  1. Under Construction
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 427653259:CRM
Tenant Pays
  1. All Utilities
  2. Insurance
Totalexpenses
  1. 25000.00
Trash Expense
  1. 0.00
Uncovered Spaces
  1. 6.00
View
  1. City Lights
  2. Hills
  3. Neighborhood
Water Sewer Expense
  1. 0.00
Water Source
  1. Public
Year Built
  1. 2022
Year Built Source
  1. Builder
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Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Mobile: 714.478.6676
  5. Fax: 714.975.9953
  6. salesbyxavier@gmail.com
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