1214, 1214 1/2, 1216, 1216 1/2 & 1218 Arapahoe St, Los Angeles CA 90006rnPresenting a Clean Modern look 2022 NEW CONSTRUCTION 5 Unit Property.rnOption For Sale or LeasernDon’t miss out on this Huge Discount. Priced to go.rnSimilar Project Appraised at $5,870,000. Similar project located just 1 Street away, same builder, same Bedroom & Bathroom count, with approx. 1,553 sqft less than 1218 Arapahoe St.rnSales prices gives the Buyer a great opportunity to a good amount of equity.rnrnLease pricing is per room. If not buying you can Rent the whole property or rent a unit privately, where everything in the unit is private to you. There’s (1) unit 7 bedrooms and 6 bathrooms, (2) units of 7 bedrooms and 7 bathrooms, (2)units of 5 bedrooms and 5 bathrooms OR you can Rent per room, where Bedroom and Bath would be private; Common spaces like Kitchen and Laundry would be shared.rnrnThis project is located in a hot rental area. Location, location, location! Property has little to no maintenance; super convenient for the owner. A perfect co living investment property that when leased would bring in a Pro forma Cap rate of 7.433%.rnProperty’s breakdown is the following: 1(FRONT, SingleFamilyResidence) Unit is 7 BED, 6 BATH.rn(MIDDLE Duplex-mirrored units) is 7 BED, 7 BATH X2rn(REAR Duplex-mirrored units) is 5 BED, 5 BATH X2rnTotal of 31 Bedrooms and 30 BathroomsrnAll units are Quad-Level & separately metered for each utility service. rnThis property is rare to find, making it a hot commodity!rnBuyer(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.