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| Onsite Laundry | 
No pets allowed.
1214, 1214 1/2, 1216, 1216 1/2 & 1218 Arapahoe St, Los Angeles CA 90006 Presenting a Clean Modern look 2022 NEW CONSTRUCTION 5 Unit Property. Option For Sale or Lease Dont miss out on this Huge Discount. Priced to go. Similar Project Appraised at $5,870,000. Similar project located just 1 Street away, same builder, same Bedroom & Bathroom count, with approx. 1,553 sqft less than 1218 Arapahoe St. Sales prices gives the Buyer a great opportunity to a good amount of equity. Lease pricing is per room. If not buying you can Rent the whole property or rent a unit privately, where everything in the unit is private to you. There's (1) unit 7 bedrooms and 6 bathrooms, (2) units of 7 bedrooms and 7 bathrooms, (2)units of 5 bedrooms and 5 bathrooms OR you can Rent per room, where Bedroom and Bath would be private; Common spaces like Kitchen and Laundry would be shared. This project is located in a hot rental area. Location, location, location! Property has little to no maintenance; super convenient for the owner. A perfect co living investment property that when leased would bring in a Pro forma Cap rate of 7.433%. Propertys breakdown is the following: 1(FRONT, SingleFamilyResidence) Unit is 7 BED, 6 BATH. (MIDDLE Duplex-mirrored units) is 7 BED, 7 BATH X2 (REAR Duplex-mirrored units) is 5 BED, 5 BATH X2 Total of 31 Bedrooms and 30 Bathrooms All units are Quad-Level & separately metered for each utility service. This property is rare to find, making it a hot commodity! Buyer(s) to independently verify all information on this listing. Listing agent is not liable for any information that turns out incorrect. The accuracy of all information, regardless of source, including but not limited to square footages, lot sizes, income, and expenses, is deemed reliable but not guaranteed.
| Neighborhood | Pico Union | 
|---|---|
| Zip code | 90006 | 
| Type | Condo for rent | 
One of a kind
We weren’t able to find any similar properties nearby.
3-bedroom apartments at 1218 Arapahoe St #1218 cost about 57% less than the average rent price for 3-bedroom apartments in Pico Union.
| Month | Median Rent | 
|---|---|
| November 2023 | $4,996 | 
| December 2023 | $4,800 | 
| January 2024 | $4,569 | 
| February 2024 | $4,500 | 
| March 2024 | $4,596 | 
| April 2024 | $4,555 | 
| May 2024 | $4,783 | 
| June 2024 | $4,995 | 
| July 2024 | $4,833 | 
| August 2024 | $5,011 | 
| September 2024 | $4,998 | 
| October 2024 | $5,040 | 
| November 2024 | $5,439 | 
| December 2024 | $5,350 | 
| January 2025 | $4,958 | 
| February 2025 | $4,919 | 
| March 2025 | $4,569 | 
| April 2025 | $4,496 | 
| May 2025 | $4,538 | 
| June 2025 | $4,558 | 
| July 2025 | $4,752 | 
| August 2025 | $4,676 | 
| September 2025 | $4,497 | 
| October 2025 | $4,391 | 
| November 2025 | $4,395 | 
| Month | Median Rent | 
|---|---|
| February 2024 | $3,475 | 
| March 2024 | $3,498 | 
| April 2024 | $3,374 | 
| May 2024 | $3,350 | 
| June 2024 | $3,230 | 
| July 2024 | $3,675 | 
| August 2024 | $3,724 | 
| September 2024 | $3,722 | 
| October 2024 | $3,436 | 
| November 2024 | $3,390 | 
| December 2024 | $3,360 | 
| January 2025 | $4,000 | 
| February 2025 | $3,671 | 
| March 2025 | $3,636 | 
| April 2025 | $3,354 | 
| May 2025 | $3,380 | 
| June 2025 | $3,279 | 
| July 2025 | $3,279 | 
| August 2025 | $3,500 | 
| September 2025 | $3,500 | 
| October 2025 | $3,500 | 
| November 2025 | $3,500 | 
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