About 1522 Arapahoe Street
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.
Features of 1522 Arapahoe Street
| MLS® # | 26992575 |
|---|---|
| Price | $2,390,000 |
| Bedrooms | 13 |
| Bathrooms | 11.00 |
| Square Footage | 7,765 |
| Acres | 0.16 |
| Year Built | 2019 |
| Type | Residential Income |
| Status | Active |
Community Information
| Address | 1522 Arapahoe Street |
|---|---|
| Area | C16 - Mid Los Angeles |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90006 |
Amenities
| Parking Spaces | 6 |
|---|---|
| Parking | Driveway |
| Garages | Driveway |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer |
|---|---|
| Heating | Central |
| Cooling | Central Air |
| Has Basement | No |
| Fireplace | No |
| # of Stories | 3 |
| Stories | Multi/Split |
Additional Information
| Date Listed | September 28th, 2026 |
|---|---|
| Days on Market | 12 |
| Zoning | LARD1.5 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | H. Jason Yang |
|---|---|
| Office | GAIA |