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1317 Arapahoe St

Los Angeles, CA 90006
  • $1,990,000
  • STATUS: Active
  • ON SITE: 50 Days
  • MLS #: 22-141802
UPDATED: 2 min ago
$1,990,000
  • 13
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,864
    SQFT
  • $339
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1908
County:

School Ratings & Info

Description

This property is located one block south of Mid Wilshire. It is in a good location connecting downtown, Koreatown, and USC, and rentals are very good. These four units provide approximately 5,864 square feet of spacious living space. The spacious each unit is almost 1,466 sf , 3-4 bed 2 bath , living room, dining room, one den. Great rental income property. 8 parking spaces at rear side of building. Separate gas and electric meters. Interior inspection subject to an accepted offer. vacant one unit will be delivered when closing escrow. Rent for #317 will increase from the current $1,825 to $2372.5 effective May 1st 2022.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-25T14:43:25.037. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.searchdesertrealestate.com/homes/127377947
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1317 Arapahoe St Los Angeles, CA 90006

  • Price: $1,990,000
  • Status: Active
  • On Site: 50 Days
  • Updated: 2 min ago
  • MLS #: 22-141802
13
Beds
0
Baths
0
½ Baths
N/A
Acres
5,864
SQFT
$339
$/SQFT
1908
Built
Neighborhood:
Mid Los Angeles
County:
Los Angeles
Area:
Mid Los Angeles
Property Description
This property is located one block south of Mid Wilshire. It is in a good location connecting downtown, Koreatown, and USC, and rentals are very good. These four units provide approximately 5,864 square feet of spacious living space. The spacious each unit is almost 1,466 sf , 3-4 bed 2 bath , living room, dining room, one den. Great rental income property. 8 parking spaces at rear side of building. Separate gas and electric meters. Interior inspection subject to an accepted offer. vacant one unit will be delivered when closing escrow. Rent for #317 will increase from the current $1,825 to $2372.5 effective May 1st 2022.
Exterior Features

Covered Parking 8 Levels Two Lot Description Fenced Lot Location Alley Access Lot Size Area 6169 Other Structures None Parking Garage Parking Space Total Parking 8

Interior Features

Baths Total 8.00 Cooling Other Equipment Other Heating Other Water Heater Features Gas

Property Features

Gross Income 106231 Gross Operating Income 106231 Insurance Expense 2000.00 Land Lease Type Fee Like Units1 317 Like Units2 318 Like Units3 319 Like Units4 320 Maintenance Expense 1500.00 Net Operating Income 69981.20 Number Of Buildings 1 Number Of Units 4 Sale Type Standard Security Features None Sewer In Street Source Living Area Assessor Source Lot Size Area Assessor Source Lot Size Dimensions Assessor Total Annual Expense 36250 Trash Expense 250.00 Type Of Units 4 Water Meter On Property Water Expense 4000.00 Water Heaters YN Yes Year Built Source Assessor Zoning Lard1.5

Listing provided courtesy of Jae Taek Lim DRE#01941688 of Realty One Group United.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-25T14:43:25.037. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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The John Jay Group - Bennion Deville Homes
74996 Highway 111
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