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1522 Arapahoe St Los Angeles, CA 90006

OFF-MARKET Apartment buildings Google Maps
8,134 SF Built 2020
Entity Owned 6-yr Hold
Estimated value
No estimation on file for this property yet.
Property ID US09-7375959

Property summary

AI-generated overview

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

Verified
Property type Apartment buildings
Year built 2020
Total area 8,134 SF
UPID US09-7375959

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2020
5 recorded transactions
2020
Price N/A
2020
$3.1M
2019
Price N/A
2018
$710,000
2018
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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