1408 Arapahoe Street

    Los Angeles (City), CA 90006
    • $899,500
    • STATUS: Active
    • ON SITE: 89 days
    • ID#: 19489522
    UPDATED: 23 min ago
    $899,500
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,404
      SQFT
    • $264
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1907
    County:

    School Ratings & Info

    Description

    Great investment Opportunity (10 Bed, 6 Bath, 3 Kitchen & 3 Kitchenette ALL LEGAL!!) nestled in a very quiet neighborhood and 5 Minutes from 10 &110 FWY. Front building has 1 kitchen and 3 kitchenettes (It's called Light House Keeping Unit) with 2 brand new bathrooms built. Back unit has a fully renovated studio downstairs and 4 bedrooms & 1 bath upstairs with 2 deep car garages. Front building has 6 units (single room) with 1 kitchen and 3 kitchenettes. And back building has 2 deep car garages, studio right next to it (Fully renovated) and upstairs are 4 bedrooms and 1 bath. Subject property is located between Downtown Los Angeles, Koreatown, USC, and Echo Park. The end tenant will have access to all the amenities Los Angeles has to offer while paying a premium for such desirabilities. The area alone has gone through a genesis in revitalization with 3 recent development projects going on this street alone and permits approved for a 125 unit hotel complex on Arapahoe/Pico Blvd.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-14T23:32:26.113. 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 J1 REALTY GROUP. Licensed in the State of California, USA.
    www.j1re.com/homes/96955723

    1408 Arapahoe Street Los Angeles (City), CA 90006

    • Price: $899,500
    • Status: Active
    • Updated: 23 min ago
    • ID#: 19489522
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    3,404
    SQFT
    $264
    $/SQFT
    1907
    Built
    Neighborhood:
    C16 - Mid Los Angeles
    County:
    Los Angeles
    Area:
    C16 - Mid Los Angeles
    Property Description
    Great investment Opportunity (10 Bed, 6 Bath, 3 Kitchen & 3 Kitchenette ALL LEGAL!!) nestled in a very quiet neighborhood and 5 Minutes from 10 &110 FWY. Front building has 1 kitchen and 3 kitchenettes (It's called Light House Keeping Unit) with 2 brand new bathrooms built. Back unit has a fully renovated studio downstairs and 4 bedrooms & 1 bath upstairs with 2 deep car garages. Front building has 6 units (single room) with 1 kitchen and 3 kitchenettes. And back building has 2 deep car garages, studio right next to it (Fully renovated) and upstairs are 4 bedrooms and 1 bath. Subject property is located between Downtown Los Angeles, Koreatown, USC, and Echo Park. The end tenant will have access to all the amenities Los Angeles has to offer while paying a premium for such desirabilities. The area alone has gone through a genesis in revitalization with 3 recent development projects going on this street alone and permits approved for a 125 unit hotel complex on Arapahoe/Pico Blvd.
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet Parking Features Uncovered Parking YN Yes

    Interior Features

    Cooling See Remarks Cooling YN Yes Laundry Features See Remarks

    Property Features

    Gross Multiplier 0.00 Gross Operating Income 0.00 Improvements Amount 100892 Land Value 265259 Laundry YN Yes Net Operating Income 0.00 Special Listing Conditions Standard Total Expenses 0.00 Zoning Lard1.5

    Listing provided courtesy of John C. Pak of Jp Investment Real Estate Grou and Jessica Flores of


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-14T23:32:26.113. 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 J1 REALTY GROUP. Licensed in the State of California, USA.
     
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    16755 Von Karman Ave, Ste 200
    Irvine CA, 92606