1818 Arapahoe Street

    Los Angeles (City), CA 90006
    • $950,000
    • STATUS: Active
    • ON SITE: 87 days
    • ID#: 19490874
    UPDATED: 28 min ago
    $950,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,700
      SQFT
    • $257
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1949
    County:

    School Ratings & Info

    Description

    LOWEST price per unit in West LA! Priced to sell. Ideal for an owner/user who wants to live in a gorgeous house in the back while 6 tenants in the front pay the mortgage. The house features a spacious livingroom, dining area, washer/dryer inside, a master bedroom and reading area, well lit kitchen, private deck and a back yard, and a HUGE private outside room that can double as a rec room or gym. The other 6 units on the lot are all singles. VERY important note: the house in the back IS occupied. Photos show it vacant. The buyer would have to file an application with the city to relocate the existing tenant and occupy the house. The house is about 700 sq ft and the singles are about 3,000 sq ft for a total sq footage of 3,700.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-15T00:33:24.53. 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/97096767

    1818 Arapahoe Street Los Angeles (City), CA 90006

    • Price: $950,000
    • Status: Active
    • Updated: 28 min ago
    • ID#: 19490874
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    3,700
    SQFT
    $257
    $/SQFT
    1949
    Built
    Neighborhood:
    C42 - Downtown L.A.
    County:
    Los Angeles
    Area:
    C42 - Downtown L.A.
    Property Description
    LOWEST price per unit in West LA! Priced to sell. Ideal for an owner/user who wants to live in a gorgeous house in the back while 6 tenants in the front pay the mortgage. The house features a spacious livingroom, dining area, washer/dryer inside, a master bedroom and reading area, well lit kitchen, private deck and a back yard, and a HUGE private outside room that can double as a rec room or gym. The other 6 units on the lot are all singles. VERY important note: the house in the back IS occupied. Photos show it vacant. The buyer would have to file an application with the city to relocate the existing tenant and occupy the house. The house is about 700 sq ft and the singles are about 3,000 sq ft for a total sq footage of 3,700.
    Exterior Features

    Lot Size Source Estimated Lot Size Units Square Feet Parking Features Assigned Parking YN Yes

    Interior Features

    Appliances None Appliances YN No Cooling None Cooling YN No Laundry Features None

    Property Features

    Gross Multiplier 15.00 Gross Operating Income 6700.00 Improvements Amount 26593 Land Value 23638 Laundry YN No Net Operating Income 4400.00 Special Listing Conditions Standard Total Expenses 2300.00 Zoning Lard1.5

    Listing provided courtesy of Nir Yacoby of Aapm Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-15T00:33:24.53. 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