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1408 Arapahoe St, Los Angeles, CA 90006
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1408 Arapahoe St Los Angeles, CA 90006

$845,000 Sold Price as of 01/27/2020
  • 30 Beds
  • 18 Baths
  • 3,404 Sq.Ft.
Sold
$845,000 Sold Price as of 01/27/2020 Refinance Your Mortgage
Map preview of 1408 Arapahoe St, Los Angeles, CA 90006

Property Overview: 1408 Arapahoe St Los Angeles, CA has 30 bedrooms, 18 bathrooms, 3,404 living square feet and 6,100 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great investment Opportunity (10 Bed, 6 Bath, 3 Kitchen & 3 Kitchenette ALL LEGAL!!) nestled in a very quiet neighborhood and 5 Minutes from 10 &110 FWY. Front building has 1 kitchen and 3 kitchenettes (It's called Light House Keeping Unit) with 2 brand new bathrooms built. Back unit has a fully renovated studio downstairs and 4 bedrooms & 1 bath upstairs with 2 deep car garages. Front building has 6 units (single room) with 1 kitchen and 3 kitchenettes. And back building has 2 deep car garages, studio right next to it (Fully renovated) and upstairs are 4 bedrooms and 1 bath. Subject property is located between Downtown Los Angeles, Koreatown, USC, and Echo Park. The end tenant will have access to all the amenities Los Angeles has to offer while paying a premium for such desirabilities. The area alone has gone through a genesis in revitalization with 3 recent development projects going on this street alone and permits approved for a 125 unit hotel complex on Arapahoe/Pico Blvd.

Listed by John C. Pak | BRE #01898649 | JP Investment Real Estate Group
Last checked: 14 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 139

Home details

Lot Sq. Ft
6,100
HOA Dues
$0/mo
Year built
1907
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
19489522
City
Los Angeles
County
Los Angeles
Time on Site
1345 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 3
  • # of Beds: 10
  • # of Baths: 6
  • Furnishing: Unfurnished
  • Actual Rent: $2,773
  • Total Rent: $2,773
  • Pro Forma/Market Rent: $7,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1408 Arapahoe St

Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Uncovered
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 3
  • Parcel Number: 5056008009
Location / Neighborhood
Location Information
  • Directions: South of Pico Blvd, North of Venice and West Hoover
View more facts & features

Local Los Angeles Agent

Sale History for 1408 Arapahoe St

Last sold for $815,000 on January 27th, 2020

  • September, 2021

  • Sep 1, 2021

    Date

    Expired

    CRMLS: 21728272

    $900

    Price

  • May 20, 2021

    Date

    Withdrawn

    CRMLS: 21728272

    $900

    Price

  • May 14, 2021

    Date

    Active

    CRMLS: 21728272

    $900

    Price

  • Listing provided courtesy of CRMLS

    Room rent with shared bath, no kitchen. All utilities are included in rent. No parking space available now. Close proximity with shopping & dining and best of life in LA. Downtown and Korean town are 5 minutes away.

  • April, 2021

  • Apr 2, 2021

    Date

    Sold

    CRMLS: 19489522

    $845,000

    Price

  • Jan 16, 2020

    Date

    Pending

    CRMLS: 19489522

    $899,500

    Price

  • Dec 2, 2019

    Date

    Active Under Contract

    CRMLS: 19489522

    $899,500

    Price

  • Aug 6, 2019

    Date

    Price Change

    CRMLS: 19489522

    $899,500

    Price

  • Jul 16, 2019

    Date

    Active

    CRMLS: 19489522

    $900,000

    Price

  • July, 2020

  • Jul 1, 2020

    Date

    Expired

    CRMLS: 20568356

    $1,000

    Price

  • Apr 23, 2020

    Date

    Hold

    CRMLS: 20568356

    $1,000

    Price

  • Apr 21, 2020

    Date

    Price Change

    CRMLS: 20568356

    $1,000

    Price

  • Apr 1, 2020

    Date

    Active

    CRMLS: 20568356

    $1,250

    Price

  • Listing provided courtesy of CRMLS

    Fully remodeled Studio unit for rent. One unit out of three units, located on the ground floor of the back building, address is 1408 1/2 Arapahoe St., LA. Close proximity with shopping & dining and all the best of life in LA. Downtown and Korean town are 5 minutes away. Your utilities bill will be $100 per month.

  • January, 2020

  • Jan 27, 2020

    Date

    Sold (Public Records)

    Public Records

    $815,000

    Price

  • July, 2019

  • Jul 16, 2019

    Date

    Canceled

    CRMLS: 18409736

    $860,000

    Price

  • Apr 2, 2019

    Date

    Price Change

    CRMLS: 18409736

    $860,000

    Price

  • Nov 21, 2018

    Date

    Active

    CRMLS: 18409736

    $800,000

    Price

  • Listing provided courtesy of CRMLS

    Very quiet neighborhood and 5 Minutes from 10 &110 FWY. Showing available only accepted offer. Sold as is with tenants in place. Rent control. No termite and no repairs. The property can be purchased with next door 1404. These 2 properties are RD1.5 and with combined 1404, you can build 8 Unit Small Lot Subdivision Or 13 Units total with TOC.

  • September, 2014

  • Sep 22, 2014

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1408 Arapahoe St

Assessed Value (2020): $389,020
Year Land Value Improved Value Assessed Value
2020 $281,494 $107,526 $389,020

Home Value Compared to the Market

This property vs the competition

1408 Arapahoe St sold on January 27, 2020 for 19.69% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $264.25 per/sqft which puts the price per square foot 63.5% lower than the current median sale per square foot for the city of Los Angeles.

About 1408 Arapahoe St

Detailed summary of property

1408 Arapahoe St is a multi family that recently sold in Los Angeles, CA 90006. This multi family property offered 30 bedrooms, 18 bathrooms, roughly 3,404 living square feet, and sits on an approximately 6,100 square foot lot. 1408 Arapahoe St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $845,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 19.69% lower than the current median priced home. Local homes that are currently for sale include 1571 Council St, 243 E 29th St and 407 N Coronado St. While the average home in Los Angeles, CA is selling in 106 days, 1408 Arapahoe St has a days on market of 139 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1408 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 1408 Arapahoe St

Public county record property details
Beds
5
Baths
6
Year built
1907
Sq. Ft.
3,404
Lot Size
5,505
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
10
APN
5056-008-009

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.
$608
Median Sold Price
$760,000
Median Sold Price/Sq.Ft.
$597
Total Inventory
33
Median Sale to List Price %
87.46%
Avg Days on Market
75
Loan Type
Conventional (42.86%), FHA (0%), VA (0%), Cash (0%), Other (42.86%)

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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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