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Listed by: H. Jason Yang (213) 879-9519 DRE #02044611, J. Geo Kim DRE #01855390 | GAIA (310) 779-8213
$2,390,000
Monthly Est:$11,896
17 Beds
15 Baths
7,765sqft
1522 Arapahoe St, Los Angeles, CA 90006
$2,390,000
$11,896/moEst:
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Multi Family
Built in 2019
$-- HOA
6,909 sqft lot
$308/sq.ft
Description
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.
- Houzeo last checked: 13 minutes ago
- Listing updated: October 6, 2026 at 7:14 am
- Source: California Regional MLS-CA | MLS#: 26992575
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
Year Built
2019
HOA Fees
-
Finished Area
7,765 sqft
Lot Size
6,909 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26992575
MLS Status
Active
Days on Market
10
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 17
Bathrooms: 15
Interior
Cooling
Central Air
Heating
Central
Appliances
Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
Utilities & Energy
Parking Features
Driveway
Price History
| Date | Event | Price |
|---|---|---|
09/28/2026 Source: | Listed for Sale | $2,390,000 -37.68% $308/sqft |
03/01/2024 Source: | Off Market | $3,835,000 +70918.52% $494/sqft |
03/27/2020 Source: | Price Decreased | $5,400 -99.83% $1/sqft |
01/15/2020 Source: | Price Increased | $3,200,000 +350.70% $412/sqft |
10/03/2018 Source: | Sold | $710,000 $91/sqft |
Pico-Union Ranks #4 in Los Angeles, CA
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Based on information from California Regional Multiple Listing Service, Inc. as of Oct 09, 2026, 11:30AM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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