1522 Arapahoe Street, Los Angeles, CA 90006

Los Angeles
Local realty services provided by:ERA Excel Realty
1522 Arapahoe Street,Los Angeles, CA 90006
$2,390,000
  • 17 Beds
  • 15 Baths
  • 7,765 sq. ft.
  • Multi-family
  • Active
Listed by: h. jason yang, j. geo kim
Office: gaia310-779-8213
MLS#:26992575
Source:CRMLS

Price summary

  • Price:$2,390,000
  • Price per sq. ft.:$307.79

About this home

Built in 2019, this well-maintained 4-unit property will be delivered 100% VACANT, allowing the new owner to immediately establish market rents and select their own tenants. The property features an attractive unit mix of (1) 5-Bed/4-Bath, (1) 4-Bed/3-Bath, and (2) 4-Bed/4.5-Bath units, offering spacious layouts and modern construction with minimal maintenance. Projected rents total $21,500 per month / $258,000 annually. Offered at $2,390,000, the projected rent reflects a 9.26 GRM and a 7.02% pro forma cap rate, with the lowest price per SF at $308. An excellent replacement property opportunity for 1031 exchange buyers, investors seeking a newer multifamily asset, or owner-users looking to occupy a unit while generating rental income in one of Los Angeles' most established and desirable neighborhoods.

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Home facts

  • Year built:2019
  • Listing ID #:26992575
  • Added:5 day(s) ago
  • Updated:October 04, 2026 at 10:38 AM

Rooms and interior

  • Bedrooms:17
  • Total bathrooms:15
  • Kitchen Description:Dishwasher, Disposal, Microwave, Refrigerator
  • Living area:7,765 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Year built:2019
  • Building area:7,765 sq. ft.
  • Lot area:0.16 Acres

Finances and disclosures

  • Price:$2,390,000
  • Price per sq. ft.:$307.79

Features and amenities

  • Appliances:Dishwasher, Disposal, Dryer, Washer
  • Laundry features:Dryer, Washer

Parking

  • Total parking spaces:6
  • Parking description:Driveway
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