1141 Arapahoe Street

    Los Angeles (City), CA 90006
    • $1,450,000
    • STATUS: Active
    • ON SITE: 88 days
    • ID#: 19511826
    UPDATED: 38 min ago
    $1,450,000
    • 8
      BEDS
    • 0.16
      ACRES
    • 6
      BATHS
    • 0
      1/2 BATHS
    • 5,034
      SQFT
    • $288
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1936
    County:

    School Ratings & Info

    Description

    Compass Commercial has been exclusively retained for the sale of 1141 Arapahoe Street in the city of Los Angeles. This fourplex is in the heart of Koreatown and in the Opportunity Zone. It is adjacent to Downtown LA, located just north of Pico Boulevard, south of Olympic Boulevard, east of Vermont Avenue, west of Hoover Street. This area has seen a dramatic change in the last years, with the addition of many new coffee shops, restaurants, retail stores, and new construction housing. The property is made up of 5,034 square feet building, with approximately 7,000 square feet of lot area. This investment property offers a two story/town-home style, two units and two stacked units. The two town-home style units have 2 bedrooms and 2 bathrooms each, and two units are 2 bedrooms and 1 bathroom each. A detached building holds 4 one car garages. It's great for owner user to occupy one of the units and rent the others.

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    Based on information from CARETS as of 2019-12-15T14:55:34.843. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
    www.brandiprattrealestate.com/homes/99045486

    1141 Arapahoe Street Los Angeles (City), CA 90006

    • Price: $1,450,000
    • Status: Active
    • Updated: 38 min ago
    • ID#: 19511826
    8
    Beds
    6
    Baths
    0
    ½ Baths
    0.16
    Acres
    5,034
    SQFT
    $288
    $/SQFT
    1936
    Built
    Neighborhood:
    Mid-Wilshire (C17)
    County:
    Los Angeles
    Area:
    Mid-Wilshire (C17)
    Property Description
    Compass Commercial has been exclusively retained for the sale of 1141 Arapahoe Street in the city of Los Angeles. This fourplex is in the heart of Koreatown and in the Opportunity Zone. It is adjacent to Downtown LA, located just north of Pico Boulevard, south of Olympic Boulevard, east of Vermont Avenue, west of Hoover Street. This area has seen a dramatic change in the last years, with the addition of many new coffee shops, restaurants, retail stores, and new construction housing. The property is made up of 5,034 square feet building, with approximately 7,000 square feet of lot area. This investment property offers a two story/town-home style, two units and two stacked units. The two town-home style units have 2 bedrooms and 2 bathrooms each, and two units are 2 bedrooms and 1 bathroom each. A detached building holds 4 one car garages. It's great for owner user to occupy one of the units and rent the others.
    Exterior Features

    Covered Spaces Total 4 Parking Spaces Total 4 Parking Type Garage

    Interior Features

    Cooking Appliances Built-Ins Cooling Type Wall Or Window Units Heating Type Wall Heater Total Floors 2 Unit Furnished01 Furnished Unit Furnished02 Furnished Unit Furnished03 Furnished Unit Furnished04 Furnished Unit Furnished05 Partially Unit Furnished06 Partially Unit Furnished07 Partially Unit Furnished08 Partially Unit Furnished09 Partially Unit Furnished10 Partially Unit Furnished11 Partially Unit Furnished12 Partially Unit Furnished13 Partially Unit Number Of Bath01 1.0 Unit Number Of Bath02 1.0 Unit Number Of Bath03 1.5 Unit Number Of Bath04 1.5 Unit Number Of Bed01 2 Unit Number Of Bed02 2 Unit Number Of Bed03 2 Unit Number Of Bed04 2

    Property Features

    Adjusted Gross Income 54300.00 Assessed Improvement Value 126294.00 Assessed Land Value 154359.00 Country United States Of America Expense Gardener 600.00 Expense Insurance 1762.00 Expense Tax 17255.00 Expense Total Annual 22017.00 Expense Trash 800.00 Expense Water 1600.00 Gross Operating Income 54300.00 Gross Rent Multiplier 26.00 Hoa YN N Legal Disclosures No Property Assessments Lot Size Source Vendor Enhanced Monthly Gross Income 4525.00 Net Operating Income 32283.00 Number Of Buildings 1 Special Conditions Standard Sale Square Footage Source Vendor Enhanced Unit Monthly Rent01 982.00 Unit Monthly Rent02 1083.00 Unit Monthly Rent03 1303.00 Unit Monthly Rent04 1157.00 Unit Projected Total Monthly Rent01 2200.00 Unit Projected Total Monthly Rent02 2200.00 Unit Projected Total Monthly Rent03 2300.00 Unit Projected Total Monthly Rent04 2300.00 Unit Total Monthly Rent01 982.00 Unit Total Monthly Rent02 1083.00 Unit Total Monthly Rent03 1303.00 Unit Total Monthly Rent04 1157.00 Unit Type01 1 Unit Type02 2 Unit Type03 3 Unit Type04 4 Units Total In Complex 4 Zoning Lar3

    Listing provided courtesy of Laura Milshteyn Gillaspy DRE#01997655 of John Aaroe Group and Elizabeth Clark CA DRE# 01811246 of .


    Based on information from CARETS as of 2019-12-15T14:55:34.843. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
     
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    San Ramon CA, 94583