1136 Arapahoe Street

Los Angeles, CA 90006

$1,399,000
Price
4
Beds
8
Baths
5,040 Sq. Ft.
$278 / Sq. Ft.
5,040
Sq. Ft.
$278
per Sq. Ft.
a front view of a house with garden
a view of a house with a small yard
an aerial view of a city with lots of residential buildings
with buildings
an aerial view of a city with lots of residential buildings
a picture of city view
an aerial view of a city
an aerial view of a city
an aerial view of a house
an aerial view of a city with lots of residential buildings
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a view of a brick house with a small yard

Description

Prime opportunity for investors, developers, or those seeking a strategic investment in one of LA's most dynamic areas, with an assumable loan at 3.95% interest rate. Featuring 8-Units, comprising 4-1 bed 1 bath units, and 4-Studios. ALL with in-unit laundry. 10- gated parking spaces. Prime Lot: With an R3 zoning designation, this property offers significant development potential, allowing for expansion or redevelopment to maximize returns. Development potential to build 9-units with 10,800 sf, 3...Prime opportunity for investors, developers, or those seeking a strategic investment in one of LA's most dynamic areas, with an assumable loan at 3.95% interest rate. Featuring 8-Units, comprising 4-1 bed 1 bath units, and 4-Studios. ALL with in-unit laundry. 10- gated parking spaces. Prime Lot: With an R3 zoning designation, this property offers significant development potential, allowing for expansion or redevelopment to maximize returns. Development potential to build 9-units with 10,800 sf, 3 stories. Whether you're an astute investor seeking to capitalize on the burgeoning rental market, a developer with a vision for transformation, or an individual looking to secure a strategic foothold in a rapidly evolving neighborhood, 1136 Arapahoe presents an unparalleled opportunity to make your mark in the heart of Los Angeles. Don't miss out on this rare chance to own a piece of LA's urban landscape. Contact us today to schedule a viewing and explore the endless possibilities that await.
  1. Listed by Jennifer Landon • DRE #01281552 • Brokerage DRE #02057743 • Landon Realty Group • 818-613-1767

Property Details for 1136 Arapahoe Street

Architectural Style
See Remarks
Parking Spaces Total
10
Private Pool
No
Cooling Type
Other/Remarks
Total Units
8.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
5040
LISTING UPDATED: 11/01/2024 04:42 AM

Property Details for 1136 Arapahoe Street

StatusActive
MLS #SR24219152
Days on Market50
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1923
CountyLos Angeles County

Building Information for 1136 Arapahoe Street

Building/Complex1136 Arapahoe StFloor-Stories2Residences-Pet Policy-Year Built1923Building Size-

Property Information for 1136 Arapahoe Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $102,461
  • Gross Scheduled Income: $102,461
  • Net Operating Income: $62,753
  • Other Income 1: $50
  • Cap Rate: 4.04
Expense Details
  • Operating Expense: $39,708
  • Fuel Expense: $0
  • Electric Expense: $4,200
  • Insurance Expense: $4,200
  • Professional Management Expense: $4,200
  • Trash Expense: $4,440
  • Water Sewer Expense: $4,200
  • Total Expenses: $39,708
Tax / Assessment Info
  • Tax Tract: CLARK AND BRYAN'S LONE ST
  • Tax Tract Number: 213...
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 122
Community / Development
Community / Development
  • Accessibility Features: See Remarks
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Room Type: See Remarks
  • Laundry: Yes
  • Laundry Features: See Remarks
  • Fireplace Features: See Remarks
  • Fireplace Rooms: Other
  • Cooling: See Remarks
  • Heating Type: Other
  • Heating: See Remarks
  • Heat Equipment: Other/Remarks
Exterior Features
  • Roof: See Remarks
  • Entry Location: 1
  • Fence: Yes
  • Fence: Other
  • Fencing: See Remarks
  • Foundation Details: See Remarks
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Rectangular Lot
  • Number Of Units: 8
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: See Remarks
  • Sewer: Public Sewer
  • Utilities: See Remarks
  • Electric: See Remarks
  • Water Source: See Remarks
Parking Info
  • Garage Spaces: 0
  • Uncovered Spaces: 10
  • Open Other Spaces Total: 10
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $957
  • Unit Type Total Rent: $957
  • Unit Type Pro Forma: 2950
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $850
  • Unit Type Total Rent: $850
  • Unit Type Pro Forma: 1750
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,139
  • Unit Type Total Rent: $1,139
  • Unit Type Pro Forma: 2950
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $919
  • Unit Type Total Rent: $919
  • Unit Type Pro Forma: 1750
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,196
  • Unit Type Total Rent: $1,196
  • Unit Type Pro Forma: 2950
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,456
  • Unit Type Total Rent: $1,456
  • Unit Type Pro Forma: 1750
  • Unit Type Type: 6
Unit 7
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,085
  • Unit Type Total Rent: $1,085
  • Unit Type Pro Forma: 2950
  • Unit Type Type: 7
Unit 8
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $885
  • Unit Type Total Rent: $885
  • Unit Type Pro Forma: 1750
  • Unit Type Type: 8
Unit Information
  • Number Of Units Leased: 8
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 8

Property History for 1136 Arapahoe Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1136 Arapahoe Street

Taxable ValueLand$1,048,473Additions$371,422Total$1,419,895
Tax Record2024$18,139 ($1,512 / month)
Home Facts
Total Finished SqFt5,040 SqFtAbove Grade Finished SqFt5,040 SqFtLot Size7,250 SqFtStyleMulti-Family Res (5+ Units)Year Built1923ZoningLAR3CountyLOS ANGELESAPN5076-014-007

Schools near 1136 Arapahoe Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Leo Politi Elementary School
Public - K to 5
Berendo Middle School
Public - 6 to 8
Contreras Learning Center-School Of Social Justice
Public - 9 to 12
Contreras Learning Center-Los Angeles School Of Global Studies
Public - 9 to 12
Rating
School
Distance
Leo Politi Elementary School
PublicK to 5

Berendo Middle School
Public6 to 8

Contreras Learning Center-School Of Social Justice
Public9 to 12

Contreras Learning Center-Los Angeles School Of Global Studies
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1136 Arapahoe Street, Los Angeles, CA 90006

1136 Arapahoe Street is a multi-family home for sale in Los Angeles, CA 90006. This property was listed for sale on November 1, 2024 by Landon Realty Group, it's currently listed at $1,399,000. It has been on the market for a total of 50 days and was last sold on February 17, 2021. This listing's school district is Los Angeles Unified School District. Nearby schools include Leo Politi Elementary School, Berendo Middle School and Contreras Learning Center-School Of Social Justice. 1136 Arapahoe Street is a 4-bed, 8-bath, 5,040 sqft multi-family home built in 1923.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Landon Realty Group, Jennifer Landon, DRE #01281552

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.