1522 Arapahoe Street, Los Angeles, CA 90006

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
1522 Arapahoe Street,Los Angeles, CA 90006
$2,390,000
  • 13 Beds
  • - Baths
  • 7,765 sq. ft.
  • Multi-family
  • Active
Listed by: h. jason yang, j. geo kim
Office: gaia
MLS#:CL26992575
Source:Bay East, CCAR, bridgeMLS

Price summary

  • Price:$2,390,000
  • Price per sq. ft.:$307.79

About this home

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.

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Home facts

  • Year built:2019
  • Listing ID #:CL26992575
  • Added:32 day(s) ago
  • Updated:October 31, 2026 at 07:50 PM

Rooms and interior

  • Bedrooms:13
  • Living area:7,765 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Year built:2019
  • Building area:7,765 sq. ft.
  • Lot area:0.16 Acres

Finances and disclosures

  • Price:$2,390,000
  • Price per sq. ft.:$307.79

Features and amenities

  • Laundry features:Dryer, Washer
MLS LogoBay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at October 31, 2026

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