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New construction
  • Listing Provided by: 

    Yossmira Hernandez DRE #02051747 562-417-2653,

    First Family Homes

    $4,997,000

    1218 Arapahoe St, Los Angeles, CA 90006

    31beds
    31baths
    10,314sqft
    : 
    Mixed Use
    Built in 2022
    -- sqft lot
    $4,905,600 Zestimate®
    $484/sqft
    $-- HOA

    What's special

    1214, 1214 1/2, 1216, 1216 1/2 & 1218 Arapahoe St, Los Angeles CA 90006 Option For Sale or Lease Presenting a Clean Modern look 2022 NEW CONSTRUCTION 5 Unit Property. Don’t miss out on this Huge Discount. Priced to go. Similar Project Appraised at $5,870,000. Similar project located just 1 Street away, same builder, same Bedroom & Bathroom count, with approx. 1,553 sqft less than 1218 Arapahoe St. Sales prices gives the Buyer a great opportunity to a good amount of equity. This project is located in a hot rental area. Location, location, location! Property has little to no maintenance; super convenient for the owner. A perfect co living investment property that when leased would bring in a Pro forma Cap rate of 7.433%. Property’s breakdown is the following: 1(FRONT, SFR) Unit is 7 BED, 6 BATH. (MIDDLE Duplex-mirrored units) is 7 BED, 7 BATH X2 (REAR Duplex-mirrored units) is 5 BED, 5 BATH X2 Total of 31 Bedrooms and 30 Baths All units are Quad-Level & separately metered for each utility service. This property is rare to find, making it a hot commodity! Buyer(s) to independently verify all information on this listing. Listing agent is not liable for any information that turns out incorrect. The accuracy of all information, regardless of source, including but not limited to square footages, lot sizes, income, and expenses, is deemed reliable but not guaranteed.
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    Zillow last checked: 7 hours ago

    Listing updated: August 01, 2025 at 10:33am

    Listing Provided by:

    Yossmira Hernandez DRE #02051747 562-417-2653,

    First Family Homes

    Source: CRMLS,MLS#: DW25031104MLS LogoOriginating MLS: California Regional MLS
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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 31
    • Bathrooms: 31
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
    Features
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 10,314
    • Total interior livable area: 10,314 sqft

    Property

    Parking
    • Total spaces: 10
    • Parking features: Driveway Level, Garage, Garage Faces Rear, On Street
    • Garage spaces: 4
    • Uncovered spaces: 6
    Features
    • Levels: Three Or More
    • Stories: 3
    • Entry location: 1
    • Pool features: None
    • Has view: Yes
    • View description: City Lights, Hills, Neighborhood
    Lot
    • Size: 7,250 Square Feet
    • Features: 2-5 Units/Acre
    Details
    • Parcel number: 5076015003
    • Lease amount: $40,300
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Modern
    • Property subtype: Mixed Use
    • Attached to another structure: Yes
    Condition
    • Under Construction
    • New construction: Yes
    • Year built: 2022

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Biking, Curbs, Street Lights, Sidewalks, Urban
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $484/sqft
    • Tax assessed value: $1,170,450
    • Annual tax amount: $14,194
    • Date on market: 2/18/2025
    • Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Conventional,1031 Exchange
    • Lease term: 12 Months
    • Tenant pays: All Utilities, Insurance
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