1522 Arapahoe Street

    Los Angeles (City), CA 90006
    • $3,500,000
    • STATUS: Active
    • ON SITE: 55 days
    • ID#: DW19180364
    UPDATED: 39 min ago
    $3,500,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,535
      SQFT
    • $410
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2019
    County:

    School Ratings & Info

    Description

    ATTENTION INVESTORS or for a buyer that wants a cash flow property and live in one of the units: FOURPLEX project Under Construction that has 2 separate buildings. Two tri-level DUPLEXES=4 units/FOURPLEXProject: 1520, 1520 1/2, 1522 & 1522 1/23 units; 4 bed & 4 bath1 unit; 5 bed, 4 bathTotal count:17 beds, 16 baths Front DUPLEX: 4363 sqftRear DUPLEX: 4172sqftTotal Living:8,535 sqftLot size is about 6,909 sqft- - - - - - - - - - - one unit has a bonus room that could be additional rental income**keep note that there is spacious driveways. Two approaches at the front of the property, one on the left side other on the right side. A Charming Multifamily unit investment with Convenient access to DTLA, the Colosseum, USC, Exposition Park, Fashion District, Staple Center, LA Conventional Center & greater Los Angeles. Investors, 1.5 miles from USC! A great opportunity for USC renting! Should be completed in about 1-2 weeks.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-18T12:38:31.193. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.
    www.teamforss.com/homes/98256038

    1522 Arapahoe Street Los Angeles (City), CA 90006

    • Price: $3,500,000
    • Status: Active
    • Updated: 39 min ago
    • ID#: DW19180364
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    8,535
    SQFT
    $410
    $/SQFT
    2019
    Built
    Neighborhood:
    C42 - Downtown L.A.
    County:
    Los Angeles
    Area:
    C42 - Downtown L.A.
    Property Description
    ATTENTION INVESTORS or for a buyer that wants a cash flow property and live in one of the units: FOURPLEX project Under Construction that has 2 separate buildings. Two tri-level DUPLEXES=4 units/FOURPLEXProject: 1520, 1520 1/2, 1522 & 1522 1/23 units; 4 bed & 4 bath1 unit; 5 bed, 4 bathTotal count:17 beds, 16 baths Front DUPLEX: 4363 sqftRear DUPLEX: 4172sqftTotal Living:8,535 sqftLot size is about 6,909 sqft- - - - - - - - - - - one unit has a bonus room that could be additional rental income**keep note that there is spacious driveways. Two approaches at the front of the property, one on the left side other on the right side. A Charming Multifamily unit investment with Convenient access to DTLA, the Colosseum, USC, Exposition Park, Fashion District, Staple Center, LA Conventional Center & greater Los Angeles. Investors, 1.5 miles from USC! A great opportunity for USC renting! Should be completed in about 1-2 weeks.
    Exterior Features

    Architectural Style Contemporary Foundation Details Slab Garage Spaces 2.00 Lot Features Lot Over 40000 SqftPark Nearby Lot Size Source Appraiser Lot Size Units Square Feet Parking Total 8.00 Pool Features None Pool Private YN No Property Attached YN Yes Roof Flat View Neighborhood View YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Cooling Central Air Cooling YN Yes Flooring LaminateTile Heating Central Heating YN Yes Laundry Features Gas Dryer HookupInsideWasher Hookup Levels Three Or More Room Type Family RoomKitchenLaundryLiving RoomMain Floor BedroomMain Floor Master BedroomMaster BathroomMaster BedroomMulti-Level BedroomWalk-In Closet

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features CurbsParkUrban Country Us Elevation Units Feet Gross Income 225600.00 Gross Scheduled Income 225600.00 Insurance Expense 4000.00 Land Lease YN No Laundry YN Yes Net Operating Income 191600.00 New Construction YN Yes New Taxes Expense 30000.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 4 Operating Expense 34000.00 Property Condition Under Construction Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 34000.00 Trash Expense 0.00 Utilities See Remarks Water Source Public Year Built Source Builder Zoning Lard1.5

    Listing provided courtesy of Yossmira Hernandez of First Family Homes


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-18T12:38:31.193. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.
     
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