• Asking Price $1,375,000
  • Estimated Value: $1,262,180

  • 1822 ARAPAHOE ST LOS ANGELES, CA 90006

  • 4 Beds 4 Baths 4,368 SqFt
  • Multi-family (5 or more units) / Resale (MLS)
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Property Details for 1822 ARAPAHOE ST, LOS ANGELES, CA 90006

Features

  • Price/sqft: $314
  • Lot Size: 0.17 acres
  • Total Units: 4
  • Total Rooms: 8
  • Room List: 4 Bedrooms, 4 Full Baths
  • Construction Type: Wood

Facts

  • Year Built: 01/01/1913
  • Property ID: 793861301
  • MLS Number: PW23085213
  • Parcel Number: 5056-011-013
  • Property Type: Multi-family (5 or more units)
  • County: Los Angeles
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. We are thrilled to introduce an exceptional investment opportunity in the heart of the citya magnificent quadraplex building near the renowned University of Southern California (USC). This extraordinary property, constructed in 1913, showcases timeless architectural charm and holds immense potential. Situated on a spacious lot spanning over 7,500 square feet, this vintage quadraplex offers abundant room for outdoor activities and future expansion possibilities. Its prime location, in close proximity to USC and Downtown Los Angeles (DTLA), presents significant advantages for investors looking to tap into the thriving local rental market. Comprising of four units, each boasting approximately 1,000 square feet of living space, this property offers a unique blend of history and modern convenience. Three of the units have recently undergone remodeling, featuring indoor laundry facilities and new vinyl flooring throughout. These updated units seamlessly merge a fresh contemporary look with the property's historic allure. Moreover, two units will be delivered vacant, granting the new owner the flexibility to choose their preferred approach to leasing or occupying the spaces. Don't miss this excellent chance to own a piece of Los Angeles history while capitalizing on the city's flourishing rental market.

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Property Brokerage: First Team Real Estate 12501 Seal Beach Blvd. #100 Seal Beach CA 90740
Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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