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  • 1522 Arapahoe Street

1522 Arapahoe Street, Los Angeles, CA 90006

$2,390,000 Approx. USD 17 beds, 15 baths
7,765 sqft

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The Keaty Team REALTOR® - Sales Associate 714-608-3298 m
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Lic#: 01276603
NRDS ID: 187514104
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NRDS ID: 187514104
thekeatyteam@bhhscal.com Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
Phone: 714-832-8800
Fax: 949-565-7700
 Tustin 18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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Listing Agent


H. Jason Yang | jason@gaia-us.com
Lic#: 02044611
Broker: Courtesy of GAIA
Phone: 213-879-9519

Co Listing Agent


J. Geo Kim | geo@gaia-us.com
Lic#: 01855390
Broker: Courtesy of GAIA
Phone: 310-779-8213

Agent Remarks

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.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 26992575
Price: $2,390,000
Beds: 17
Baths: 15
Built in 2019
7,765 sqft
0.16 acres
Lot size: 0.1586
County: Los Angeles
Zoning: LARD1.5
Appliances: Dishwasher,Disposal,Microwave,Refrigerator,Dryer,Washer
Parking description: Driveway
Heating/cooling: Central Air
Heating description: Central
MLS area: C16 - Mid Los Angeles

Last Updated: 9/29/2026

 Days On Market (DOM): 2

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This listing belongs to the C16 - Mid Los Angeles MLS area

Lat/Long: 34.044642, -118.285052.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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