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8-Unit Multifamily Investment
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1136 Arapahoe, Los Angeles, CA 90006

Eight units on a 2-story income property built in 1923, with individual electric meters and in-unit laundry.

Property SizeContact for details
Days on Market208

Property Features for 1136 Arapahoe

General Information

Standard status Active
Property subtype Multifamily
Zoning Public Rec

Building Details

Buildings 1
Units 8
Listing Agency: CC Royal Realty
Listed By: Cathy Cheng · License #01270713
Source: Crexi
Added: Feb 9 Changed: Aug 8 Last Checked: Jul 23 at 12:42PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CC Royal Realty

Investment Insights

Based on property information with market context.

This 8-unit multifamily property was built in 1923 and was updated in 2010 in accordance with city and building code requirements. The building consists of 2-story apartments with a mix of unit types: four 1-bedroom, 1-bath units and four studio units. Each unit has its own electricity meter and its own laundry, supporting straightforward resident utility setup and day-to-day convenience. The property is described as well-maintained and secured with a gated entry.

The property is located in Los Angeles in the Koreatown area, positioned next to various shops and restaurants. It is also described as close to DTLA and access to the 10 and 110 freeways.

The offering is stated as sold with tenants in place and with stable income, subject to interior inspection. The lot is described as 7,250 SF and the property totals 5,040 SF, and it is identified as being on an R3 zoned lot.

Key Highlights

  • 8‑unit, 2‑story income property built in 1923 in Koreatown, Los Angeles
  • Total size 5,040 SF on a 7,250 SF lot with R3 zoning
  • Updated in 2010 to meet city and building code requirements

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Carpet & Flooring Store (Bike/Boat/Book/etc) Store Tanning Salon Clothing & Fashion Store Buffet Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5,050
Businesses Nearby

Demographics for 90006, CA

58,229
Population
21,475
Households
2.7
Avg Household Size
36
Median Age
22%
College-Educated
63%
High-School Grad
1.9 sq mi
ZIP Area
30,647
Density / Sq Mi
$49,847
Median Household Income
$31,645
Median Earnings
$1,396
Median Rent
$841,900
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Eight units on a 2-story income property built in 1923, with individual electric meters and in-unit laundry.
Where is this apartment building located?
The property is located at 1136 Arapahoe Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 8‑unit, 2‑story income property built in 1923 in Koreatown, Los Angeles; Total size 5,040 SF on a 7,250 SF lot with R3 zoning; Updated in 2010 to meet city and building code requirements
(626) 222-3050 Call to check price and availability
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