Listed by Yossmira Hernandez with First Family Homes 562-417-2653

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.
Don't miss out on this Huge Discount. Priced to go.
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 a great 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. A perfect co living investment property that when leased would bring in a Pro forma Cap rate of 7.433%.
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.