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1218 Arapahoe St, Los Angeles, CA 90006
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1218 Arapahoe St Los Angeles, CA 90006

$1,103,000 Sold Price as of 09/30/2020
  • -- Beds
  • -- Baths
  • -- Sq.Ft.
Sold
$1,103,000 Sold Price as of 09/30/2020 Refinance Your Mortgage
Map preview of 1218 Arapahoe St, Los Angeles, CA 90006

Property Overview: 1218 Arapahoe St Los Angeles, CA has -- bedrooms, -- bathrooms, -- living square feet and 7,250 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are proud to exclusively present for sale a Development Opportunity in Koreatown that is ready to start entitlements. The 7,250 SF R3-1 Tier 2 lot, which backs up to an alley and is in an Opportunity Zone, is located just west of Downtown Los Angeles, with easy access to the Staples Center, USC, the 10 and 110 Freeways and more! WalkScore calls this area a Walkers Paradise, states that it has Excellent Transit and is Very Bikeable! Build a spacious 4Plex for speed and ease or a 16+/- Unit Apartment Building and make it the envy of the area! The existing building was damaged in a fire and will be delivered as-is at Close of Escrow. No RSO and No Need to Ellis!

Listed by Dario Svidler | BRE #01884474 | Compass
Co-listed by Almog Strikowski | BRE #01986816 | Compass
Last checked: 15 minutes ago | Last updated: October 28th, 2022 | Source CRMLS | DOM: 13

Home details

Lot Sq. Ft
7,250
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Land
Status
Sold
MLS#
20617764
City
Los Angeles
County
Los Angeles
Time on Site
1264 days

Property Details for 1218 Arapahoe St

Lot Details / Garage and Parking
Property Information
  • Parcel Number: 5076015003
Location / Neighborhood
Location Information
  • Directions: Just north of Pico Blvd. and just west of Hoover St.
View more facts & features

Local Los Angeles Agent

Sale History for 1218 Arapahoe St

Last leased for $37,200 on July 6th, 2022

  • October, 2022

  • Oct 28, 2022

    Date

    Expired

    CRMLS: DW22189550

    $6,400,000

    Price

  • Aug 29, 2022

    Date

    Active

    CRMLS: DW22189550

    $6,500,000

    Price

  • Listing provided courtesy of CRMLS

    1214, 1214 1/2, 1216, 1216 1/2 & 1218 Arapahoe St, Los Angeles CA 90006 Option For Sale Presenting a Clean Modern look BRAND NEW CONSTRUCTION 5 Unit Property. Property’s breakdown is the following: 1(FRONT, SFR) 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 Baths All units are Quad-Level & separately metered for each utility service. This project is located in a hot rental area. Location, location, location! Property has little to no maintenance; super convenient for the owner. This property is rare to find, making it a hot commodity! Project is fully leased and receiving income! 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.

  • August, 2022

  • Aug 28, 2022

    Date

    Expired

    CRMLS: DW22165848

    $6,500,000

    Price

  • Jul 28, 2022

    Date

    Active

    CRMLS: DW22165848

    $6,500,000

    Price

  • Listing provided courtesy of CRMLS

    1214, 1214 1/2, 1216, 1216 1/2 & 1218 Arapahoe St, Los Angeles CA 90006 Option For Sale Presenting a Clean Modern look BRAND NEW CONSTRUCTION 5 Unit Property. Property’s breakdown is the following: 1(FRONT, SFR) 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 Baths All units are Quad-Level & separately metered for each utility service. This project is located in a hot rental area. Location, location, location! Property has little to no maintenance; super convenient for the owner. This property is rare to find, making it a hot commodity! Project is fully leased and receiving income! 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.

  • July, 2022

  • Jul 28, 2022

    Date

    Expired

    CRMLS: DW22140671

    $6,500,000

    Price

  • Jun 28, 2022

    Date

    Active

    CRMLS: DW22140671

    $6,500,000

    Price

  • Listing provided courtesy of CRMLS

    1214, 1214 1/2, 1216, 1216 1/2 & 1218 Arapahoe St, Los Angeles CA 90006 Option For Sale Presenting a Clean Modern look BRAND NEW CONSTRUCTION 5 Unit Property. Property’s breakdown is the following: 1(FRONT, SFR) 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 Baths All units are Quad-Level & separately metered for each utility service. This project is located in a hot rental area. Location, location, location! Being new construction, these units are easy to lease out. Property has little to no maintenance; super convenient for the owner. This property is rare to find, making it a hot commodity! Project is fully leased and receiving income! 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.

  • July, 2022

  • Jul 6, 2022

    Date

    Leased

    CRMLS: DW22140663

    $37,200

    Price

  • Jun 28, 2022

    Date

    Active

    CRMLS: DW22140663

    $38,750

    Price

  • Listing provided courtesy of CRMLS

    1214, 1214 1/2, 1216, 1216 1/2 & 1218 Arapahoe St, Los Angeles CA 90006 Option For Sale &/lease! Lease is only available taking whole property as a master lease. $38,750/month. Person taking Master lease must present 6 times worth monthly rent. Security deposit will be 3 months rent. Presenting a Clean Modern look BRAND NEW CONSTRUCTION 5 Unit Property. Property’s breakdown is the following: 1(FRONT, SFR) 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 Baths All units are Quad-Level & separately metered for each utility service. This project is located in a hot rental area. Location, location, location! Being new construction, these units are easy to lease out. Property has little to no maintenance; super convenient for the owner. 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.

  • June, 2022

  • Jun 28, 2022

    Date

    Expired

    CRMLS: DW22114577

    $6,900,000

    Price

  • May 31, 2022

    Date

    Active

    CRMLS: DW22114577

    $6,900,000

    Price

  • Listing provided courtesy of CRMLS

    1214, 1214 1/2, 1216, 1216 1/2 & 1218 Arapahoe St, Los Angeles CA 90006 Option For Sale &/lease! Presenting a Clean Modern look BRAND NEW CONSTRUCTION 5 Unit Property. Property’s breakdown is the following: 1(FRONT, SFR) 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 Baths All units are Quad-Level & separately metered for each utility service. This project is located in a hot rental area. Location, location, location! Being new construction, these units are easy to lease out. Property has little to no maintenance; super convenient for the owner. This property is rare to find, making it a hot commodity! Project's construction completion is estimated to be about 2weeks. 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.

  • June, 2022

  • Jun 28, 2022

    Date

    Expired

    CRMLS: DW22114582

    $38,750

    Price

  • May 31, 2022

    Date

    Active

    CRMLS: DW22114582

    $38,750

    Price

  • Listing provided courtesy of CRMLS

    1214, 1214 1/2, 1216, 1216 1/2 & 1218 Arapahoe St, Los Angeles CA 90006 Option For Sale &/lease! Lease is only available taking whole property as a master lease. $38,750/month. Person taking Master lease must present 6 times worth monthly rent. Security deposit will be 3 months rent. Presenting a Clean Modern look BRAND NEW CONSTRUCTION 5 Unit Property. Property’s breakdown is the following: 1(FRONT, SFR) 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 Baths All units are Quad-Level & separately metered for each utility service. This project is located in a hot rental area. Location, location, location! Being new construction, these units are easy to lease out. Property has little to no maintenance; super convenient for the owner. This property is rare to find, making it a hot commodity! Project's construction completion is estimated to be about 2weeks. 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.

  • May, 2022

  • May 28, 2022

    Date

    Expired

    CRMLS: DW22085564

    $6,900,000

    Price

  • May 5, 2022

    Date

    Active

    CRMLS: DW22085564

    $6,900,000

    Price

  • Listing provided courtesy of CRMLS

    1214, 1214 1/2, 1216, 1216 1/2 & 1218 Arapahoe St, Los Angeles CA 90006 Option For Sale &/lease! Presenting a Clean Modern look BRAND NEW CONSTRUCTION 5 Unit Property. Property’s breakdown is the following: 1(FRONT, SFR) 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 Baths All units are Quad-Level & separately metered for each utility service. This project is located in a hot rental area. Location, location, location! Being new construction, these units are easy to lease out. Property has little to no maintenance; super convenient for the owner. Project's construction completion is estimated to be about 3weeks. 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.

  • May, 2022

  • May 28, 2022

    Date

    Expired

    CRMLS: DW22088905

    $38,750

    Price

  • May 9, 2022

    Date

    Active

    CRMLS: DW22088905

    $44,950

    Price

  • Listing provided courtesy of CRMLS

    1214, 1214 1/2, 1216, 1216 1/2 & 1218 Arapahoe St, Los Angeles CA 90006 Option For Sale &/lease! Lease is only available taking whole property as a master lease. $38,750/month. Person taking Master lease must present 6 times worth monthly rent. Security deposit will be 3 months rent. Presenting a Clean Modern look BRAND NEW CONSTRUCTION 5 Unit Property. Property’s breakdown is the following: 1(FRONT, SFR) 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 Baths All units are Quad-Level & separately metered for each utility service. This project is located in a hot rental area. Location, location, location! Being new construction, these units are easy to lease out. Property has little to no maintenance; super convenient for the owner. Project's construction completion is estimated to be about 3weeks. 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.

  • October, 2020

  • Oct 1, 2020

    Date

    Sold

    CRMLS: 20617764

    $1,103,000

    Price

  • Aug 27, 2020

    Date

    Active Under Contract

    CRMLS: 20617764

    $1,049,999

    Price

  • Aug 12, 2020

    Date

    Active

    CRMLS: 20617764

    $1,049,999

    Price

  • September, 2020

  • Sep 30, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,103,000

    Price

  • March, 2020

  • Mar 10, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1218 Arapahoe St

Assessed Value (2020): $227,498
Year Land Value Improved Value Assessed Value
2020 $192,509 $34,989 $227,498

Home Value Compared to the Market

This property vs the competition

1218 Arapahoe St sold on September 30, 2020 for 7.08% lower than the current median sold price for the city of Los Angeles which is $1,130,000.

About 1218 Arapahoe St

Detailed summary of property

1218 Arapahoe St is a land that recently sold in Los Angeles, CA 90006. This land offered -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 7,250 square foot lot. 1218 Arapahoe St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,103,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 7.08% lower than the current median priced home. Local homes that are currently for sale include 2537 N Rosa Dr, 4215 N Huntington Dr and 1501 Marlay Dr. While the average home in Los Angeles, CA is selling in 99 days, 1218 Arapahoe St has a days on market of 13 days. There are currently 3982 homes for sale in the Los Angeles real estate market and 2673 of them are single family homes while 1195 of them are condos and 107 are townhomes. For more information on this home for sale at 1218 Arapahoe St Los Angeles, CA 90006 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1218 Arapahoe St

Public county record property details
Beds
3
Baths
2
Year built
1900
Sq. Ft.
2,344
Lot Size
7,250
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
130
APN
5076-015-003

The source for these homes facts are from public records.

90006 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$799,000
Median List Price/Sq.Ft.
$598
Median Sold Price
$605,000
Median Sold Price/Sq.Ft.
$596
Total Inventory
43
Median Sale to List Price %
96.18%
Avg Days on Market
22
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (25%), Other (25%)

Thinking of Selling?

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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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, 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.

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