Properties
Los Angeles, CA 90007 1935 Arapahoe
$999,500
Presented By: Jeremy Brown with Brown Realty; 818-971-9331
Baths • 1
SQFT • 5,502
Home Details
Priced attractively with clear value-add potential, this 7-unit multifamily property in Los Angeles consists of three separate early-1900s buildings situated on an oversized 8,223 sq ft lot, a notable footprint for the submarket.
The property is currently operated with long-term, stable tenants, providing immediate in-place cash flow, while offering meaningful upside through renovation, repositioning, and/or redevelopment. The site layout and lot size present strong potential for a creative owner or developer to explore additional density, including ADUs or a potential ED1 development strategy (buyer to verify).
Presented By: Jeremy Brown with Brown Realty; 818-971-9331
Interior Features for 1935 Arapahoe
Other Interior Features
Common WallsTwoCommonWallsOrMore
Laundry FeaturesNone
Total Stories2
Other Rooms
Entry Level1
General for 1935 Arapahoe
Additional Parcels Y/NNo
Building Area UnitsSquareFeet
CityLos Angeles
Community FeaturesUrban
CountyLos Angeles
DirectionsOff of Hoover and Washington
Electric Expense
Entry Locationground
Fuel Expense
Garage Spaces
Garage Y/NNo
Gross Income120357
Insurance Expense
Land Lease Y/NNo
Listing TermsCash, Conventional
Lot Size Square Feet8223
Lot Size UnitsSquareFeet
MLS AreaC42 - Downtown L.A.
Net Operating Income64138
New ConstructionNo
Number Of Units Total7
Operating Expense53812
Pool FeaturesNone
PostalCityLOS ANGELES
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot9
Trash Expense0
Water Sewer Expense0
Year Built1904
Year Built SourceAssessor
Exterior for 1935 Arapahoe
Building Area Total5502
Lot FeaturesLevel, RectangularLot
Lot Size Acres0.1888
Lot Size Area8223
Lot Size SourceAssessor
Number of Buildings3
Number of Separate Electric Meters7
Number of Separate Gas Meters7
Number of Separate Water Meters0
Private PoolNo
Total Parking0
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
