1822 Arapahoe St Los Angeles, CA 90006

$--

4 Beds
4 Baths
4,368 Sq.Ft.

Off Market

Map preview of 1822 Arapahoe St, Los Angeles, CA 90006

Property Overview: 1822 Arapahoe St Los Angeles, CA has 4 bedrooms, 4 bathrooms, 4,368 living square feet and 7,520 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1822 Arapahoe St is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $245,000 for the down payment and will need roughly $24,500 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $59,500. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1822 Arapahoe St

View property's historical transactions

May, 2024
May 2, 2024

Date

Expired

CRMLS: PW23085213

$1,375,000

Price
May 18, 2023

Date

Active

CRMLS: PW23085213

$1,400,000

Price
Listing provided courtesy of CRMLS

We are thrilled to introduce an exceptional investment opportunity in the heart of the city—a magnificent quadraplex building near the renowned University of Southern California (USC). This extraordinary property, constructed in 1913, showcases timeless architectural charm and holds immense potential. Situated on a spacious lot spanning over 7,500 square feet, this vintage quadraplex offers abundant room for outdoor activities and future expansion possibilities. Its prime location, in close proximity to USC and Downtown Los Angeles (DTLA), presents significant advantages for investors looking to tap into the thriving local rental market. Comprising of four units, each boasting approximately 1,000 square feet of living space, this property offers a unique blend of history and modern convenience. Three of the units have recently undergone remodeling, featuring indoor laundry facilities and new vinyl flooring throughout. These updated units seamlessly merge a fresh contemporary look with the property's historic allure. Moreover, two units will be delivered vacant, granting the new owner the flexibility to choose their preferred approach to leasing or occupying the spaces. Don't miss this excellent chance to own a piece of Los Angeles history while capitalizing on the city's flourishing rental market.

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Tax History for 1822 Arapahoe St

Assessed Value (2020): $55,971

Year	Land Value	Improved Value	Assessed Value
2020	$29,062	$26,909	$55,971

About 1822 Arapahoe St

Detailed summary of property

1822 Arapahoe St is categorized with a use code of Quadruplex (4 Units, Any Combination) in Los Angeles, CA 90006 and is currently off market. This property has 4 bedrooms, 4 bathrooms, roughly 4,368 living square feet, and sits on an approximately 7,520 square foot lot. Homes in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Local nearby listings include 2121 James M Wood Blvd #105, 2121 James M Wood Blvd #209 and 2121 James M Wood Blvd #106. The average home in Los Angeles, CA is selling in 96 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. If you are the homeowner and looking to sell the home at 1822 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 1822 Arapahoe St

Public county record property details

Beds: 4
Baths: 4
Year built: 1913
Sq. Ft.: 4,368
Lot Size: 7,520
Stories: --

Type: Quadruplex (4 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 30
APN: 5056-011-013

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.

$606

Median Sold Price

$690,000

Median Sold Price/Sq.Ft.

$600

Total Inventory

Median Sale to List Price %

98.71%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (33.33%), Other (0%)

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(714) 706-1823

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