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Listed by Steve Prendergast and Andres Prendergast of First Team Real Estate
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.

Property Details of 1822 Arapahoe Street

Property Details

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Based on information submitted to CRMLS as of February 23, 2024 3:57 PM EST . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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