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Image 1 - 1557 Arapahoe Street, Los Angeles, CA 90006, USA - House for sale

Image 2 - 1557 Arapahoe Street, Los Angeles, CA 90006, USA - House for sale

Image 3 - 1557 Arapahoe Street, Los Angeles, CA 90006, USA - House for sale

Image 4 - 1557 Arapahoe Street, Los Angeles, CA 90006, USA - House for sale

Home For Sale In Los Angeles, California

1557 Arapahoe Street, Los Angeles, CA 90006, USA

Home For Sale In Los Angeles, California

house for sale

5 views

Listed: 03/23/24

1557 Arapahoe Street, Los Angeles, CA 90006, USA

5 Bed:

3 Bath:

2,130 Sq Ft Living Area:

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Price

$ 899,000

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About This House

This triplex is an outstanding investment opportunity in Los Angeles's heart. With its prime location, this property not only provides a comfortable living space but also promises lucrative rental returns in a highly desirable neighborhood. Comprising three units, each with varying layouts including 2 bed/2 baths and 1 bed/1 bath configurations, this triplex offers versatility for both investors and owner-occupants alike. Additionally, each unit boasts a private yard and two garages. With a design focused on tenant comfort and functionality, capitalize on the robust rental market in this area. This triplex stands as a compelling investment opportunity, offering the potential for consistent rental income in an unbeatable location. All with individual meters. Tenants pay all the utilities except, water, and gardening.

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Pico-Union Housing & Living

Household Income

Median household income: $62,474

Number of households: 1,4M

The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.

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