1136 Arapahoe Street

Los Angeles, CA 90006

$1,549,999
Price
4
Beds
8
Baths
5,040 Sq. Ft.
$308 / Sq. Ft.
5,040
Sq. Ft.
$308
per Sq. Ft.

Description

Nestled in the vibrant neighborhood this property offers a prime opportunity for investors, developers, or those seeking a strategic investment in one of LA's most dynamic areas. Featuring 8-Units, comprised of 4-1 bed 1 bath units, and 4-Studios. ALL with in unit laundry. 10- gated parking spaces. Prime Lot: With an R3 zoning designation, this property offers significant development potential, allowing for expansion or redevelopment to maximize returns. Development potential to build 9-units with...Nestled in the vibrant neighborhood this property offers a prime opportunity for investors, developers, or those seeking a strategic investment in one of LA's most dynamic areas. Featuring 8-Units, comprised of 4-1 bed 1 bath units, and 4-Studios. ALL with in unit laundry. 10- gated parking spaces. Prime Lot: With an R3 zoning designation, this property offers significant development potential, allowing for expansion or redevelopment to maximize returns. Development potential to build 9-units with 10,800 sf, 3 stories. Whether you're an astute investor seeking to capitalize on the burgeoning rental market, a developer with a vision for transformation, or an individual looking to secure a strategic foothold in a rapidly evolving neighborhood, 1136 Arapahoe presents an unparalleled opportunity to make your mark in the heart of Los Angeles. Don't miss out on this rare chance to own a piece of LA's urban landscape. Contact us today to schedule a viewing and explore the endless possibilities that await.
  1. Listed by Jennifer Landon • DRE #01281552 • Brokerage DRE #02057743 • Landon Realty Group • 818-613-1767

Property Details for 1136 Arapahoe Street

Architectural Style
See Remarks
Parking Spaces Total
10
Private Pool
No
Cooling Type
Other/Remarks
Total Units
8.0
Building Type
Attached
Lot Size Source
Assessor
Lot Size Dimensions
50x145

Location

Listing Courtesy of Landon Realty Group, Jennifer Landon, DRE #01281552
Add your commute
LISTING UPDATED: 03/15/2024 03:28 PM

Property Details for 1136 Arapahoe Street

StatusActive
MLS #SR24050252
Days on Market69
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1923
CountyLos Angeles County

Location

Listing Courtesy of Landon Realty Group, Jennifer Landon, DRE #01281552
Add your commute

Building Information for 1136 Arapahoe Street

Building/Complex1136 Arapahoe StFloor-Stories2Residences-Pet Policy-Year Built1923Building Size-

Payment Calculator

$9,943 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,459

Property Taxes

$1,484

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1136 Arapahoe Street

Rental Info
Rental Info
  • Tenant Pays: Other
Income / Expense / Tax Details
Income Details
  • Gross Income: $102,461
  • Gross Scheduled Income: $102,461
  • Gross Operating Income: $102,461
  • Net Operating Income: $62,753
  • Number Of Rented Garages: 0
  • Other Income Description: Trash
  • Other Income 1: $50
  • Cap Rate: 4.04
Expense Details
  • Operating Expense: $39,708
  • Gardener Expense: $600
  • Fuel Expense: $0
  • Electric Expense: $4,200
  • Insurance Expense: $4,200
  • Professional Management Expense: $4,200
  • Trash Expense: $4,440
  • Water Sewer Expense: $4,200
  • Total Expenses: $39,708
Tax / Assessment Info
  • Tax Tract Number: 0
  • Tax Census Tract: 2134.02
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 123
Community / Development
Community / Development
  • Accessibility Features: See Remarks
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Sidewalks, Storm Drains, Urban
Property / Structure Info
Interior Features
  • Room Type: See Remarks
  • Laundry: Yes
  • Laundry Features: See Remarks
  • Fireplace Features: See Remarks
  • Fireplace Rooms: Other
  • Cooling: See Remarks
  • Heating Type: Other
  • Heating: See Remarks
  • Heat Equipment: Other/Remarks
  • Flooring: See Remarks
Exterior Features
  • Roof: See Remarks
  • Entry Location: street
  • Fence: Yes
  • Fence: Other
  • Fencing: See Remarks
  • Foundation Details: See Remarks
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: See Remarks
Land/Lot Info
  • Lot Features: Rectangular Lot
  • Number Of Units: 8
  • Land Lease: Yes
  • Land Lease Amount: $0
  • Land Lease Type: Lease
  • Levels: Two
  • Water: See Remarks
  • Sewer: Public Sewer
  • Utilities: See Remarks
  • Electric: See Remarks
  • Water Source: See Remarks
Parking Info
  • Garage Spaces: 0
  • Uncovered Spaces: 10
  • Open Other Spaces Total: 10
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $957
  • Unit Type Total Rent: $957
  • Unit Type Pro Forma: 2950
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $850
  • Unit Type Total Rent: $850
  • Unit Type Pro Forma: 1750
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,139
  • Unit Type Total Rent: $1,139
  • Unit Type Pro Forma: 2950
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $919
  • Unit Type Total Rent: $919
  • Unit Type Pro Forma: 1750
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,196
  • Unit Type Total Rent: $1,196
  • Unit Type Pro Forma: 2950
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,456
  • Unit Type Total Rent: $1,456
  • Unit Type Pro Forma: 1750
  • Unit Type Type: 6
Unit 7
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,085
  • Unit Type Total Rent: $1,085
  • Unit Type Pro Forma: 2950
  • Unit Type Type: 7
Unit 8
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $885
  • Unit Type Total Rent: $885
  • Unit Type Pro Forma: 1750
  • Unit Type Type: 8
Unit Information
  • Number Of Units Leased: 8
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 0
  • Number With Disposal: 8
  • Number Wall AC: 8

Property History for 1136 Arapahoe Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1136 Arapahoe Street

Taxable ValueLand$1,027,915Additions$364,140Total$1,392,055
Tax Record2023$17,805 ($1,484 / month)
Home Facts
Total Finished SqFt5,040 SqFtAbove Grade Finished SqFt5,040 SqFtLot Size7,250 SqFtStyleMulti-Family Res (5+ Units)Year Built1923ZoningLAR3CountyLOS ANGELESAPN5076-014-007

Schools near 1136 Arapahoe Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Leo Politi Elementary School
PublicK to 5

Berendo Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1136 Arapahoe Street is a multi-family home for sale in Los Angeles, CA 90006. This property was listed for sale on March 14, 2024 by Landon Realty Group, it's currently listed at $1,549,999. It has been on the market for a total of 69 days and was last sold on January 13, 2021. This listing's school district is Los Angeles Unified School District. Nearby schools include Leo Politi Elementary School, Berendo Middle School and Contreras Learning Center-School Of Social Justice. 1136 Arapahoe Street is a 4-bed, 8-bath, 5,040 sqft multi-family home built in 1923.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Landon Realty Group, Jennifer Landon, DRE #01281552

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.