1700 Araphoe Street, Los Angeles, CA 90006
Local realty services provided by:Better Homes and Gardens Real Estate Napolitano & Associates
1700 Araphoe Street,Los Angeles, CA 90006
$2,350,000
- 11 Beds
- 10 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: kirk garabedian
Office: keller williams r. e. services
MLS#:GD26233896
Source:San Diego MLS via CRMLS
Price summary
- Price:$2,350,000
About this home
As part of a 6-building Co-Living Apartment portfolio, we are pleased to present a 2021-constructed, 4-unit residential investment property located in the Pico-Union area at 17001702 S. Arapahoe Street, Los Angeles, CA 90006. This property features approximately 5,800 square feet of building area, situated on a 7,352-square-foot lot, and offers a total of 21 rentable bedrooms/beds. The units feature spacious 5-bedroom, 5-bathroom layouts with shared kitchen areas, thoughtfully configured to accommodate traditional multifamily and co-living rental arrangements. The property presents a significant value-add and lease-up opportunity, with approximately 25% occupancy following the expiration of the previous master lease arrangements in July 2026. Currently, one unit generates rental income through individual room leases, while the remaining units are available for lease-up or potential master leasing. This provides investors with an opportunity to reposition the property, stabilize occupancy, and increase rental income. Strategically located near Downtown Los Angeles, USC, major employment centers, public transportation, shopping, and dining, the property is well-positioned to benefit from continued demand for flexible residential housing in central Los Angeles. Offered at $2,350,000, this property is part of a portfolio of Co-Living apartment buildings. All property information, rental figures, square footage, and financial projections are approximate and subject to buyer verification....
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Home facts
- Listing ID #:GD26233896
- Added:8 day(s) ago
- Updated:November 07, 2026 at 04:10 PM
Rooms and interior
- Bedrooms:11
- Total bathrooms:10
Structure and exterior
- Levels:3 Story
Finances and disclosures
- Price:$2,350,000
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