1522 Arapahoe Street, Los Angeles, CA 90006
- 13 beds
- 7,765 sqft
other 
Built in 2019 
6,970sqft lot
—— car garage 
$308/sqft 
Listed 11 days ago
Property Description
Built in 2019, this well-maintained 4-unit property will be delivered 100% VACANT, allowing the new owner to immediately establish market rents and select their own tenants. The property features an attractive unit mix of (1) 5-Bed/4-Bath, (1) 4-Bed/3-Bath, and (2) 4-Bed/4.5-Bath units, offering spacious layouts and modern construction with minimal maintenance. Projected rents total $21,500 per month / $258,000 annually. Offered at $2,390,000, the projected rent reflects a 9.26 GRM and a 7.02% pro forma cap rate, with the lowest price per SF at $308. An excellent replacement property opportunity for 1031 exchange buyers, investors seeking a newer multifamily asset, or owner-users looking to occupy a unit while generating rental income in one of Los Angeles' most established and desirable neighborhoods.
- Listing Status:
- Active
- Date Added:
- September 28, 2026
- Data Last Updated:
- October 9, 2026 at 7:06AM
- Listing Office:
- GAIA : 310-779-8213
- Listing Agent:
- H. Jason Yang : 213-879-9519
- MLS ID:
- CL26992575
- Parking: OtherParking spaces: 6
- County: Los Angeles
- Zoning: LARD1.55056009008
This listing courtesy of H. Jason Yang , GAIA
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
