1522 Arapahoe Street
1522 Arapahoe Street
$3,835,000
17
15
8,535
8,535
$449
Description
Four (4) Amazing Tri-Level Units for a lucrative cash flow opportunity ! TRUE CAP rate of 5.25% , current annual income $250,781 'till 7/31/2024 with an annual increase of 3% thereafter. Fixed & Guaranteed income generating property Master Leased & Managed by a reputable student housing operator with proven track records. Total of 17 bedrooms & 15 bathrooms - Unit 1520 : 5 BR + 4 BA , Unit 1520 1/2 : 4 BR + 3 BA , Unit 1522 : 4 BR + 4.5 BA , Unit 1522 1/2 : 4 BR + 3.5 BA. All units are designed with...Four (4) Amazing Tri-Level Units for a lucrative cash flow opportunity ! TRUE CAP rate of 5.25% , current annual income $250,781 'till 7/31/2024 with an annual increase of 3% thereafter. Fixed & Guaranteed income generating property Master Leased & Managed by a reputable student housing operator with proven track records. Total of 17 bedrooms & 15 bathrooms - Unit 1520 : 5 BR + 4 BA , Unit 1520 1/2 : 4 BR + 3 BA , Unit 1522 : 4 BR + 4.5 BA , Unit 1522 1/2 : 4 BR + 3.5 BA. All units are designed with open concept floor plan, impeccably done with contemporary / exquisite design that will appeal to anyone for happier living experiences. Conveniently located to DTLA, Ktown, USC, and Fwys. Almost hassle free maintenance required by a new owner !
- Listed by J. Geo Kim • DRE #01855390 • Brokerage DRE #01855390 • GAIA
- Listed by A. Jessica Shin • DRE #02073348 • Brokerage DRE #01855390 • GAIA
Property Details for 1522 Arapahoe Street
Zoning
LARD1.5
Parcel Number5056009008
Total Units4.0
Living Area8535
Source Living AreaBuilder
AreaMid Los Angeles (C16)
Vacancy Rate0
Lot Size Area6911
Location
LISTING UPDATED: 03/10/2024 12:01 AM
Property Details for 1522 Arapahoe Street
Status | Active |
---|---|
MLS # | 24-364449 |
Days on Market | 56 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 2019 |
Lot Size | 0.16 AC / 6,911 SF |
County | Los Angeles County |
Location
Building Information for 1522 Arapahoe Street
Stories3Residences-Year Built2019Building Size-Lot Size0.16 AC / 6,911 SF
Payment Calculator
$24,257 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1522 Arapahoe Street
Property History for 1522 Arapahoe Street
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1522 Arapahoe Street
Taxable ValueLand$2,207,474Additions$1,051,178Total$3,258,652
Tax Record2023$39,931 ($3,328 / month)
Home Facts
Total Finished SqFt8,134 SqFtAbove Grade Finished SqFt8,134 SqFtStories2Lot Size6,909 SqFtStyleQuadraplexYear Built2019ZoningLARD1.5CountyLOS ANGELESAPN5056-009-008
Schools near 1522 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 | |||
Charter - | K to 5 |
Rating | School | Distance |
---|---|---|
Magnolia Avenue Elementary School PublicK to 5 | ||
Berendo Middle School Public6 to 8 | ||
West Adams Preparatory High School Public9 to 12 | ||
Equitas Academy Charter School CharterK to 5 |
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
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.