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13 Beds
7,765 sqft

$2,390,000

1522 Arapahoe Street, Los Angeles CA, 90006

Price per sqft$307.79
Built in2019
Property size7,765 sqft
Property typeResidential

Overview

Active

Listed Sep 28, 2026

Updated 10h ago

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.

$15,901/mo

Est. mortgage payment based on a $2,390,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
CL26992575

Interior Features

Bedrooms
13
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.16 Acres
MLS provider logo

Listed by H. Jason Yang, J. Geo Kim with GAIA
Listing Contact: 213-879-9519 

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