1522 Arapahoe St Los Angeles, CA 90006
Property summary
This exceptional investment opportunity presents a newly constructed four-unit apartment building located in Los Angeles, California, at 1522 Arapahoe Street, zip code 90006. Built in 2020, this Class B multifamily property boasts a total of 8,134 square feet situated on a 6,909 square foot lot. The two-story building features four individual units, totaling 17 bedrooms and 15 bathrooms, making it ideally suited for student housing. The property is currently operating under a master lease agreement with an established housing provider and property management company, offering a "hassle-free" investment experience. The property's APN is 5056-009-008 and is zoned LARD 1.5. This turnkey investment presents a rare opportunity to acquire a high-performing, recently constructed multifamily property in a desirable Los Angeles location. The building's modern design and strong tenant occupancy, coupled with the existing master lease, provide immediate cash flow and a stable investment foundation. This property is perfect for investors seeking a low-maintenance, high-return investment in the thriving Los Angeles real estate market. Detailed financial information is available upon request.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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