1136 Arapahoe ST new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90006
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID TR25124084
HOA Y/N No
Year Built 1923
Lot Size 7,252 Sqft
Property Sub-Type Apartment
Property Description
Prime 8-Unit Multifamily Investment Opportunity in High-Demand Los Angeles Rental District
Introducing a well-maintained and newly remodeled 8-unit multifamily property ideally situated in one of Los Angeles' most sought-after rental markets. With exceptional easy access to the 10, 110, and 101 freeways, this turnkey asset offers both convenience, enduring rental appeal and strong investment returns. This two-story, 5,040 square foot building features a balanced and desirable unit mix of four spacious 1-bedroom/1-bath units and four private studio units—ideal for a diverse and board tenant base. A standout feature rarely found in multifamily buildings, each of the eight units includes individual in-unit laundry hookups, this rare and valuable amenity enhances tenant convenience and comfort, increases the units appeal and rental value, and shortens the vacancy period and reduces time to re-acquire a replacement tenant.
Further maximizing operational efficiency, each unit is separately metered for both gas and electricity. The property is securely gated at both the front and rear, offering a large, well-kept front lawn—a safe and welcoming space and perfect for families with younger children. A gated rear parking area offers tenants with added security and convenience.
Whether you're an investor looking to expand your portfolio with a strong income-producing asset or seeking a 1031 exchange opportunity, this stabilized, high-yield, turnkey property checks all the boxes. Don't miss this rare opportunity to acquire this quality stabilized and high-yield multifamily investment in a thriving Los Angeles urban core area. Call TODAY!
Location
State CA
County Los Angeles
Area 699 - Not Defined
Zoning LAR3
Interior
Interior Features Ceiling Fan(s)
Heating Electric
Cooling None
Flooring Tile
Fireplaces Type None
Fireplace No
Appliance Gas Oven,Gas Range
Laundry Inside
Exterior
Exterior Feature Lighting
Parking Features Assigned
Fence Fair Condition
Pool None
Community Features Sidewalks
Utilities Available Electricity Connected,Natural Gas Connected,Water Connected
View Y/N No
View None
Roof Type Other
Accessibility None
Total Parking Spaces 10
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story 2
Entry Level Two
Foundation See Remarks
Sewer Public Sewer
Water Public
Architectural Style See Remarks
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5076014007
Security Features Window Bars
Acceptable Financing Contract
Listing Terms Contract
Special Listing Condition Standard