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% Property’s 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.