1935 Arapahoe St, Los Angeles, CA, 90007

USD 999,500
For Sale MLS: SR26015427

Property Details

Bathrooms

4

Property Type

multi family

Description

Multi Family in Los Angeles, CA - Bedrooms: 0 - Bathrooms: 4 - Area: N/A - Year Built: 1904 - Lot: 8224 sqft

Listing Agent: Jeremy Brown Brokerage: Brown Realty

Priced attractively with clear value-add potential, this 7-unit multifamily property in Los Angeles consists of three separate early-1900s buildings situated on an oversized 8,223 sq ft lot, a notable footprint for the submarket. The property is currently operated with long-term, stable tenants, providing immediate in-place cash flow, while offering meaningful upside through renovation, repositioning, and/or redevelopment. The site layout and lot size present strong potential for a creative owner or developer to explore additional density, including ADUs or a potential ED1 development strategy (buyer to verify).

Location

Address

1935 Arapahoe St, Los Angeles, CA, 90007

City

Los Angeles

Features and Finishes

Full Bathrooms: 4, Additional Parcels: No, Land Lease: No, Lot Description: Rectangular Lot, Level, Lot Size Acres: 0.1888, Lot Size Source: Assessor, Lot Size Square Feet: 8223, Gross Income: 120357, Gross Scheduled Income: 120357, Rent Control: Yes, Number of Units: 7, Bedrooms in Unit-1: 2, Bedrooms in Unit-2: 1, Bedrooms in Unit-3: 2, Total Bathrooms in Unit-1: 1, Total Bathrooms in Unit-2: 1, Total Bathrooms in Unit-3: 2, Full Bathrooms in Unit-1: 1, Full Bathrooms in Unit-2: 1, Full Bathrooms in Unit-3: 2, Unit-1 Furnished Description: Unfurnished, Unit-2 Furnished Description: Unfurnished, Unit-3 Furnished Description: Unfurnished, Community Features: Urban, Source Listing Status: Active, County: Los Angeles, Source Property Type: Residential Income, Area: C42 - Downtown L.A., Source Neighborhood: C42 - Downtown L.A., Number of Separate Electric Meters: 7, Number of Separate Gas Meters: 7, Parcel Number: 5056027008, Property Subtype: Apartment, Net Operating Income: 64138, Opera

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