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17 Beds
15 Baths
7,765 sqft

$2,390,000

1522 Arapahoe Street, Los Angeles CA, 90006

Price per sqft$307.79
Built in2019
Property size7,765 sqft
Property typeResidential
Listed by H. Jason Yang CA DRE# 02044611 with GAIA 213-879-9519

Overview

Active

Listed Sep 28, 2026

Updated 11h ago

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.

$15,901/mo

Est. mortgage payment based on a $2,390,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26992575

Interior Features

Bedrooms
17
Bathrooms
15
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.16 Acres

Other Property Details

55+/Senior Community
No
MLS provider logo

Listed by H. Jason Yang CA DRE# 02044611 with GAIA 213-879-9519

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/7/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 10/7/2026 at 6:35 AM UTC Last Checked: 6:35 AM UTC

 

 

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