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Los Angeles, CA 90006 1136 Arapahoe Street

$1,549,999

1136 Arapahoe Street Los Angeles, Ca - Image 11136 Arapahoe Street Los Angeles, Ca - Image 21136 Arapahoe Street Los Angeles, Ca - Image 3
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1136 Arapahoe Street Los Angeles, Ca - Image 41136 Arapahoe Street Los Angeles, Ca - Image 51136 Arapahoe Street Los Angeles, Ca - Image 6
Presented By: Jennifer Landon with Landon Realty Group; 818-613-1767
  • MLS# SR24050252
  • 03/15/2024
  • Request Tour
  • Request Info
  • BedBeds • 4
  • BathBaths • 8
  • FootageSQFT • 5,040

Home Details

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.
Presented By: Jennifer Landon with Landon Realty Group; 818-613-1767

Interior Features for 1136 Arapahoe Street

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsItem2CommonWalls
Electric On Property Y/NNo
Fireplace FeaturesSeeRemarks
Fireplace Y/NYes
FlooringSeeRemarks
Heating Y/NYes
Laundry FeaturesSeeRemarks
Street SuffixStreet
Total Stories2

Other Rooms

Entry Level1

General for 1136 Arapahoe Street

AccessibilitySeeRemarks
Additional Parcels Y/NNo
Architectural StyleOther
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate4.04
Carport Y/NNo
CityLos Angeles
Community FeaturesStormDrains, Sidewalks, Urban
CoolingSeeRemarks
CountyLos Angeles
Days on Market
DirectionsS of Olympic, W of Hoover
Electric Expense4200.0
Entry Locationstreet
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income102461.0
HOA0.0
HOA / Comm AssnNo
HeatingSeeRemarks
Home Warranty Y/NNo
Insurance Expense4200.0
Land Lease Amount0.0
Land Lease Y/NYes
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, Conventional
Lot Size Square Feet7252.0
MLS AreaKREA - Koreatown
MobileHomeRemainsYNNo
Net Operating Income62753.0
New ConstructionNo
Number of Units Leased8
Open Parking Spaces10.0
Operating Expense39708.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubTypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
RoofSeeRemarks
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesSeeRemarks
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Street NameArapahoe
Tax Lot123
Tenant PaysOther
Total Actual Rent8488.48
Total Units8
Trash Expense4440.0
UtilitiesSeeRemarks
View Y/NNo
Water Sewer Expense4200.0
Waterfront Y/NNo
Year Built1923
Year Built SourceAssessor
ZoningLAR3

Exterior for 1136 Arapahoe Street

Building Area Total5040.0
Crops Included Y/NNo
FencingSeeRemarks
Foundation DetailsSeeRemarks
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions50x145
Lot FeaturesRectangularLot
Lot Size Acres0.1665
Lot Size Area7252.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
LotDimensionsSourceAssessor
Number of Buildings1
Number of Separate Electric Meters8
Number of Separate Gas Meters8
Number of Separate Water Meters0
Open Parking Y/NNo
SpaYes
Total Parking10.0
Water SourceSeeRemarks

Additional Details

Price History

1527188455

First Team Client Services

Price $1,549,999
MLS#SR24050252
List Date 03/15/2024
Property Type Multi-Family
Phone 714.964.3311
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors