63
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$1,400,000
Est. payment /mo
2 Beds
4 Baths
Active
1136 Arapahoe Street Los Angeles, CA 90006
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID TR25124084
Bedrooms 2
Property Sub-Type Res Income 2-4 Units
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 unitsideal 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 lawna 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
Location
State CA
County Los Angeles
Zoning Builder
Direction W 12th Street and Arapahoe
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 5076014007
Listed by Tony Lam Pinnacle Real Estate Group