1522 Arapahoe Street
Los Angeles, CA 90006
- – beds
- – baths
- – sqft
- 6,911 sqft lot
- 2019 build
- – on site
Four (4) Amazing Tri-Level Units for a lucrative cash flow opportunity !!! TRUE CAP rate of 5.25% , current annual income $250,781 'till 7/31/2024 with an annual increase of 3% thereafter. Fixed & Guaranteed income generating property Master Leased & Managed by a reputable student housing operator with proven track records. Total of 17 bedrooms & 15 bathrooms - Unit 1520 : 5 BR + 4 BA , Unit 1520 1/2 : 4 BR + 3 BA , Unit 1522 : 4 BR + 4.5 BA , Unit 1522 1/2 : 4 BR + 3.5 BA. All units are designed with open concept floor plan, impeccably done with contemporary / exquisite design that will appeal to anyone for happier living experiences. Conveniently located to DTLA, Ktown, USC, and Fwys. Almost hassle free maintenance required by a new owner !!!
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Last updated Mar 10, 2024
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MLS# 24364449 —
This property is listed in more than one place. See it here.
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/3/24
Mar 3, 2024
|
Listed / Active | CRMLS_CA | $3,835,000 | 19.8% (4.8% / YR) |
|
1/15/20
Jan 15, 2020
|
CRMLS_CA | $3,200,000 | ||
|
12/19/19
Dec 19, 2019
|
CRMLS_CA | $3,200,000 |