• 1523 Arapahoe Street Los Angeles, CA 90006

  • $899,000
  • 5
    Bed(s)
  • 0
    Baths
  • 2,130
    Sq Ft
  • 6146
    Sqft
  • Listed By: Kay Kyung Park, Dream Realty & Investments Inc, DRE #01268123
  • Source: CRMLS

This triplex is an outstanding investment opportunity in Los Angeles's heart. With its prime location, this property not only provides a comfortable living space but also promises lucrative rental returns in a highly desirable neighborhood. Comprising three units, each with varying layouts including 2 bed/2 baths and 1 bed/1 bath configurations, this triplex offers versatility for both investors and owner-occupants alike. Additionally, each unit boasts a private yard and two garages. With a design focused on tenant comfort and functionality, capitalize on the robust rental market in this area. This triplex stands as a compelling investment opportunity, offering the potential for consistent rental income in an unbeatable location. All with individual meters. Tenants pay all the utilities except, water, and gardening.

Property Type :

Residential Income

Subdivision :

Fallbrook

County :

Los Angeles

Style :

Residential Income

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Property Details

 

Bedroom Information

Total Bedrooms : 5

Bathroom Information

Total Baths: 3

Full Baths: 0

Half Baths: 0

Interior Features

Property Appliances: Disposal

Cooling Features

None

Air Conditioning

Heating Source

Wall Furnace

Has Heating

Building Information

Year Built: 1950

Building Area Total: 2,130

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.1411

Lot Size Source: Vendor Enhanced

Lot Size Square Feet: 6146

Listing Price Information

Original List Price: 899,000

Listing Contract Date: 2024-03-20

Lease Information

Listing Agreement: Seller Reserved

Tax Information

Parcel Number: 5056007038

Garage and Parking

Garage Description: Assigned,Garage

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Active

Source Neighborhood: C17 - Mid-Wilshire

Postal Code Plus 4: 4809

Directions: N.of Venice / W of Hoover

Zoning: LARD1.5

Source Property Type: Residential Income

Area: C17 - Mid-Wilshire

Building and Construction

Property Age: 74

Year Built Source: Vendor Enhanced

Total Square Feet Living: 2130

Levels or Stories: One

Building Total Stories: 1

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1637 S Vermont Avenue, Los Angeles, CA,90006 $2,600,000 -- -- -- 12750 Sqft
1833 W Pico Boulevard, Los Angeles, CA,90006 $1,350,000 -- -- -- 6247 Sqft
980 S Oxford Avenue #403, Los Angeles, CA,90006 $770,000 3 2 1,324 15497 Sqft
1661 S Normandie Avenue, Los Angeles, CA,90006 $1,200,000 2 1 3,396 6208 Sqft
1421 Courtland Avenue, Los Angeles, CA,90006 $900,000 -- -- 2,087 3941 Sqft
1144 Elden Avenue, Los Angeles, CA,90006 $3,000,000 18 -- 9,758 7000 Sqft
1138 S Mariposa Avenue, Los Angeles, CA,90006 $1,499,000 8 -- 4,064 5904 Sqft
1125 S Lake Street, Los Angeles, CA,90006 $968,000 9 4 4,117 8579 Sqft
943 S Normandie Avenue #1, Los Angeles, CA,90006 $420,000 1 1 338 4140 Sqft
1217 S Kingsley Drive, Los Angeles, CA,90006 $890,000 3 -- 1,597 5899 Sqft

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ByOwner last updated this listing 05/16/2024 @ 19:42

MLS: 24370567
LISTED BY: Kay Kyung Park, Dream Realty & Investments Inc
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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