$1,400,000

1136 Arapahoe St Los Angeles, CA 90006

$10,000
Closing credit¹
0.2 acres
Condo

Property details

About 1136 Arapahoe St

Prime 8-Unit Multifamily Investment Opportunity in High-Demand Los Angeles Rental District Introducing a well-maintained and newly remodeled 8-unit multifamily property ideally situated in one of Los Angeles' most sought-after rental markets. With exceptional easy access to the 10, 110, and 101 freeways, this turnkey asset offers both convenience, enduring rental appeal and strong investment returns. This two-story, 5,040 square foot building features a balanced and desirable unit mix of four spacious 1-bedroom/1-bath units and four private studio units—ideal for a diverse and board tenant base. A standout feature rarely found in multifamily buildings, each of the eight units includes individual in-unit laundry hookups, this rare and valuable amenity enhances tenant convenience and comfort, increases the units appeal and rental value, and shortens the vacancy period and reduces time to re-acquire a replacement tenant. Further maximizing operational efficiency, each unit is separately metered for both gas and electricity. The property is securely gated at both the front and rear, offering a large, well-kept front lawn—a safe and welcoming space and perfect for families with younger children. A gated rear parking area offers tenants with added security and convenience. Whether you're an investor looking to expand your portfolio with a strong income-producing asset or seeking a 1031 exchange opportunity, this stabilized, high-yield, turnkey property checks all the boxes. Don't miss this rare opportunity to acquire this quality stabilized and high-yield multifamily investment in a thriving Los Angeles urban core area. Call TODAY!

Highlights

Home typeCondominium
HeatingElectric
StatusActive
Lot size0.1665 Acres
Year built1923
ParkingAssigned
MLS #TR25124084

Summary

  • Appliances: Gas Oven, Gas Range
  • Flooring Type: Tile
  • Interior: Ceiling Fan(s)
  • Fireplace: None
  • Private Pool: No
  • Parking: Assigned
  • Exterior: Lighting
  • Architectural Style: See Remarks
  • Heating: Electric
  • Cooling: None
  • List Price: $1,400,000
  • HOA Amount: $0
  • Annual Tax Amount: $18,139
  • Tax Year: 2024
  • Directions: W 12th Street and Arapahoe
  • Year Built: 1923
  • Stories: 2
  • Lot Size: 0.1665 Acres
  • MLS Number: TR25124084
  • MLS Name: CRMLS
  • Office Name: Pinnacle Real Estate Group
  • Office Phone: (909) 618-3765
  • Listing Agent: Tony Lam

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/26/2025, 9:45:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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1136 Arapahoe St, Los Angeles, CA 90006 - view of property with a tiled roof and stucco siding

$1,400,000

1136 Arapahoe St

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Feb 17, 2021
Home Sold
$1,338,000
Jan 18, 2008
Home Sold
$800,000
Oct 12, 2001
Home Sold
$242,000

Tax history

YearAssessmentProperty Tax
2024$1,419,895$18,139
2023$1,392,055$17,804
2022$1,364,760$17,010
2021$1,529,361$19,035
2020$1,513,680$18,161
2019$1,456,560$18,020
2018$1,428,000$17,598
2017$1,400,000$17,598

History based on county public records data.

Nearby schools

2

Politi Elementary School

Public District KG-5

0.1 mi

2481 W 11th St

4

Magnolia Avenue Elementary School

Public District PK-5

0.5 mi

1626 Orchard Ave

7

Hoover Street Elementary

Public District KG-5

0.5 mi

2726 Francis Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $44,962. Typical income of Los Angeles, CA residents is between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

35%
<35k
56%
35k-100k
8%
100k-200k
1%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

44%
Single, No Kids
17%
Single, with Kids
15%
Married, No Kids
24%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
9%
12-17 yrs old
30%
18-34 yrs old
40%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • H&MH&M
  • BurlingtonBurlington
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • White CastleWhite Castle
  • PopeyesPopeyes

What do the neighbors drive?

  • HondaHonda
  • KiaKia
  • NissanNissan

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1136 Arapahoe St

The listing price of 1136 Arapahoe St property is $1,400,000.

The property 1136 Arapahoe St is a condo located in Los Angeles, California, 90006.

Active Listing: 1136 Arapahoe St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1136 Arapahoe St are: Politi Elementary School (GreatSchools Rating 2/10), Magnolia Avenue Elementary School (GreatSchools Rating 4/10), Hoover Street Elementary (GreatSchools Rating 7/10), Monsenor Oscar Romero Charter Middle School (GreatSchools Rating 2/10), Berendo Middle School (GreatSchools Rating 4/10), Equitas Academy #2 (GreatSchools Rating 5/10), University Preparatory Value High School (GreatSchools Rating 6/10), West Adams Preparatory High School (GreatSchools Rating 3/10), Harold Mcalister High (Opportunity) (GreatSchools Rating 2/10).

According to the records, the last property tax for 2024 is $18,139 (source: MLS/based on county public records data).

The last sale was on February 17, 2021 for $1,338,000 (source: MLS/tax record).

The property at 1136 Arapahoe St has 0 bathroom.

The year of construction for 1136 Arapahoe St is 1923.

This home is located at 1136 Arapahoe St in Los Angeles, CA and zip code 90006 in the Central LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since June 4, 2025 and is currently priced at $1,400,000.

In May 2025, from all listings sold in Los Angeles, CA there were more than 325 sold above asking price, over 319 sold below and more than 134 were sold right at the asked price. The number of homes for sale in Los Angeles, CA increased by 8.7% between April and May 2025. Listings spent 34 days on the market in May 2025, and had a median list price of $871,794 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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