$1,400,000
1136 Arapahoe, Los Angeles CA 90006
Multi-Family (8 Units)
Property type
127 days
On market
$278
Price per sqft
0 cars
Garage
1923
Year built
7,252 sqft
Lot size
Open Houses
Overview
Opportunity Zone!Rarely to find! 8-Unit investment opportunity !Very good return of less care property. Every unit has own electricity meter and own Laundry. located in the highly coveted Korea-Town neighborhood of Los Angeles. Built in 1923, this property totals 5,040 SF on a 7,250 SF R3 Zoned lot in the heart of Koreatown. 2 story income property updated in 2010 by city &...
Listing provided by: Cathy Cheng DRE #01270713 626-222-3050, CC Royal Realty
Listing updated: Feb 10, 2026 at 12:37am.
Last checked: Jun 13, 2026 at 02:30pm
Source: CRMLS #TR26029817
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 1 | 1 | — | $1,025 | $1,025 | $1,100 | Unfurnished |
| 1 | 0 | 1 | — | $911 | $911 | $1,000 | Unfurnished |
| 1 | 1 | 1 | — | $1,221 | $1,221 | $1,300 | Unfurnished |
| 1 | 0 | 1 | — | $985 | $985 | $1,000 | Unfurnished |
| 1 | 1 | 1 | — | $1,281 | $1,281 | $1,300 | Unfurnished |
| 1 | 0 | 1 | — | $1,562 | $1,562 | $1,600 | Unfurnished |
| 1 | 1 | 1 | — | $1,163 | $1,163 | $1,200 | Unfurnished |
| 1 | 0 | 1 | — | $949 | $949 | $1,000 | Unfurnished |
# of Buildings: 1
# of Units Total: 8
Separate Electric Meters: 8
Separate Gas Meters: 0
Separate Water Meters: 0
Rent Control: Yes
Units Leased: 8
Financial Snapshot
Gross Rent Multiplier
12.7x
List Price / Annual Gross Rent
Cap Rate
5.5%
NOI / List Price
Gross Scheduled Income: $109,963
Operating Expense: $33,000
Net Operating Income: $76,963
Annual Operating Expenses
Electric: $0
Fuel: $0
Insurance: $6,545
Professional Management: $5,200
Trash: $816
Water / Sewer: $4,500
Interior
Cooling: Wall Window Units
Laundry: Common Area
Entry Location: 1
Exterior
Property Attached: No
Stories Total: 2
Common Walls: No Common Walls
Lot Features: Six To Ten Units Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 0
Uncovered Spaces: 9
Parking Total: 9
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 5076014007
Additional Parcels: No
Tax Lot: 123
Community
Senior Community: No
Community Features: Park