Income Home for Sale in Los Angeles, California

1522 Arapahoe Street, Los Angeles, California 90006, US

$ 2,390,000
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Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

  • Price: $ 2,390,000
  • MLS ID: 26992575
  • Property Type: Income Home
  • WEB ID: PR03755188
  • Property Status: Active
  • Lot Size: 6,909sqft
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California

Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

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  • Price: $ 2,390,000
  • MLS ID: 26992575
  • Property Type: Income Home
  • WEB ID: PR03755188
  • Property Status: Active
  • Lot Size: 6,909sqft
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.

Additional Features

  • Central
  • Multi/Split
  • Parking spaces: 6.00
  • Listing Status: Active
  • Listing Agent: H. Jason Yang (lic# 02044611) of Beverly Hills/Greater LA
  • Listing Office: GAIA (lic# 02163006)
  • CO-Listing Agent: J. Geo Kim (lic# 01855390) of Beverly Hills/Greater LA
  • CO-Listing Office: GAIA (lic# 02163006)
  • Based on information from CRISNet MLS as of 5th November 2026 at 12:34pm. 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.

Areas of expertise
Bel Air Beverly Hills Malibu