1522 Arapahoe Street, Los Angeles, CA 90006
Local realty services provided by:CENTURY 21 Wildwood Properties, Inc.
1522 Arapahoe Street,Los Angeles, CA 90006
$2,390,000
- 13 Beds
- - Baths
- 7,765 sq. ft.
- Multi-family
- Active
Listed by: h. jason yang, j. geo kim
Office: gaia
MLS#:CL26992575
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$2,390,000
- Price per sq. ft.:$307.79
About this home
Built in 2019, this well-maintained 4-unit property will be delivered 100% VACANT, allowing the new owner to immediately establish market rents and select their own tenants. The property features an attractive unit mix of (1) 5-Bed/4-Bath, (1) 4-Bed/3-Bath, and (2) 4-Bed/4.5-Bath units, offering spacious layouts and modern construction with minimal maintenance. Projected rents total $21,500 per month / $258,000 annually. Offered at $2,390,000, the projected rent reflects a 9.26 GRM and a 7.02% pro forma cap rate, with the lowest price per SF at $308. An excellent replacement property opportunity for 1031 exchange buyers, investors seeking a newer multifamily asset, or owner-users looking to occupy a unit while generating rental income in one of Los Angeles' most established and desirable neighborhoods.
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Home facts
- Year built:2019
- Listing ID #:CL26992575
- Added:26 day(s) ago
- Updated:October 25, 2026 at 02:50 PM
Rooms and interior
- Bedrooms:13
- Living area:7,765 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Year built:2019
- Building area:7,765 sq. ft.
- Lot area:0.16 Acres
Finances and disclosures
- Price:$2,390,000
- Price per sq. ft.:$307.79
Features and amenities
- Laundry features:Dryer, Washer
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