NOT LISTED FOR SALE

1520 Arapahoe St Los Angeles, CA 90006

Pico-Union Neighborhood

Estimated Value: $3,245,000 - $4,345,046

5 Beds
4 Baths
2,216 Sq Ft
6,534 Sq Ft Lot

Highlights

  • Gated Parking
  • Furnished
  • Central Heating
  • Contemporary Architecture
  • Views
  • Gated Home

About This Home

As of July 2020

Brand new, clean, remodeled duplex unit! Tri-level space with 5 bedrooms, 4 bathrooms. There is an opportunity to lease the entire space for one family, OR rent each room separately for $1,350. Living space, kitchen, and parking may be shared with other tenants living in the other rooms. Co-Living is the new way of renting. Live with your peers for an affordable price in the right neighborhood. This is perfect for young professionals or university students. The property is only 1.5 miles away from USC! Landlord will pay for all utilities and provide all furnishings. Enjoy living in a luxurious style town-home whle being close to Koreatown and Downtown with easy access to 10 FWY. Multiple units available.

Last Agent to Rent the Property

Jenny Park

Circa Properties, Inc. License #01923272 Listed on: 02/28/2020

Circa Properties, Inc.

Last Renter's Agent

Jenny Park

Circa Properties, Inc. License #01923272 Listed on: 02/28/2020

Circa Properties, Inc.

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $40,718

Year Built

  • Built in 2019

Lot Details

  • 6,534

Home Design

  • Contemporary Architecture
  • Split Level Home

Interior Spaces

  • 2,216 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Laundry in unit
  • Property Views

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Parking

  • 2 Covered Spaces
  • Driveway
  • Gated Parking

Additional Features

  • Gated Home
  • Central Heating

Listing and Financial Details

  • Security Deposit $7,250
  • 12 Month Lease Term
  • Assessor Parcel Number 5056-009-008

Condo Details

Home Type

Condominium

Est. Annual Taxes

$40,718

Year Built

Built in 2019

Lot Details

0

Rental Info

  • Furnished: Furnished
  • Land Lease Type: Fee
  • Security Deposit: 7250

Listing Details

  • Property Type: Residential Lease
  • Style: Contemporary
  • Single Family Or Apt: Condo/Apt
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 2216
  • Stories: 2
  • Year Built: 2019
  • Number Of Photos: 19
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Bedrooms: 5
  • Full Bathroom: 4
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 4.00
  • Den: 0
  • Price Per S Q F T: 2.35

Exterior Features

  • Pool: No
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Driveway - Combination
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning
  • Heating: Central
  • Security: Gated

Association/Amenities

  • Amenities: Gated Parking

Lot Info

  • Assessor Parcel Number: 5056-009-008
  • Geocode Override: No
  • Lot Size Area: 6909

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 8, 2020
Sold by
The Budget Acquisition Inc
Bought by
Arapahoe 1520 Llc
Current Estimated Value
$3,973,349

Purchase Details

Closed on
Aug 16, 2018
Sold by
Menedez Lorenzo
Bought by
The Budget Acquisition Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 19, 2007
Sold by
Menendez Rafael and Menendez Cecilia
Bought by
Menendez Rafael
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Arapahoe 1520 Llc $3,100,000 First American Title
The Budget Acquisition Inc $710,000 Fidelity National Title
Menendez Rafael -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arapahoe 1520 Llc $2,000,000
Previous Owner The Budget Acquisition Inc $525,000
Previous Owner The Budget Acquisition Inc $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2020 07/01/20 Rented $5,200 0.0% --
06/19/2020 06/19/20 Price Changed $5,200 -23.0% $2 / Sq Ft
05/13/2020 05/13/20 Price Changed $6,750 +2.3% $3 / Sq Ft
05/01/2020 05/01/20 Price Changed $6,600 -2.2% $3 / Sq Ft
03/27/2020 03/27/20 Price Changed $6,750 -6.9% $3 / Sq Ft
02/28/2020 02/28/20 For Rent $7,250 -- --
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $40,718 $3,390,300 $2,296,655 $1,093,645
2024 $40,718 $3,323,824 $2,251,623 $1,072,201
2023 $39,931 $3,258,652 $2,207,474 $1,051,178
2022 $38,074 $3,194,758 $2,164,191 $1,030,567
2021 $37,582 $3,132,116 $2,121,756 $1,010,360
2020 $9,032 $724,200 $579,360 $144,840
2019 $8,679 $710,000 $568,000 $142,000
2018 $669 $40,030 $25,402 $14,628
2017 $659 $39,246 $24,904 $14,342
2016 $616 $38,477 $24,416 $14,061
2015 $610 $37,900 $24,050 $13,850
2014 $623 $37,158 $23,579 $13,579
Source: Public Records

Agents Affiliated with this Home

  • Jenny Park

    Landlord's Agent in 2020

    Jenny Park

    Circa Properties, Inc.

    (213) 275-9321

    19 Total Sales

    Jenny Park
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Map

Source: The MLS

MLS Number: 20-559222

The MLS

APN: 5056-009-008

California Los Angeles County Los Angeles 90006 Pico-Union

1520 Arapahoe St, Los Angeles, CA

This home is located at 1520 Arapahoe St, Los Angeles, CA 90006 since 28 February 2020 and is currently priced at $3,973,349. This property was built in 2019. 1520 Arapahoe St is a home located in Los Angeles County with nearby schools including Magnolia Avenue Elementary School, Berendo Middle, and West Adams Preparatory High School.

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