LOS ANGELES rent to own home - vacant land ( beds, 2 baths)

This is not a list price. This is the county tax assessor's estimated value for the property. When a list price becomes available we will publish it and along with changes to the contact information.Assessed Value: $1,170,450
1214, 1214 1/2, 1216, 1216 1/2 & 1218 Arapahoe St, Los Angeles CA 90006nOption For Sale or LeasenPresenting a Clean Modern look 2022 NEW COSTRUCTION 5 Unit Property.nDont miss out on this Huge Discount. Priced to go.nSimilar 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.nSales prices gives the Buyer a great opportunity to a good amount of equity.nnThis 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%.nPropertys breakdown is the following: 1(FRONT, SFR) Unit is 7 BED, 6 BATH.n(MIDDLE Duplex-mirrored units) is 7 BED, 7 BATH X2n(REAR Duplex-mirrored units) is 5 BED, 5 BATH X2nTotal of 31 Bedrooms and 30 BathsnAll units are Quad-Level & separately metered for each utility service. nThis property is rare to find, making it a hot commodity!nBuyer(s) to independently verify all information on this listing. Listing agent is not liable for any information that turns out i...

Rent-to-own homes can be purchased using a Lease Option. This means the buyer rents the home for a set period of time, sets aside a portion of monthly rent payments during this time, and then has an option to purchase the home later, using the accumulated savings toward the down payment. Rent-To-Own properties offer home ownership opportunities to those who have poor credit or can't afford the down payment. It gives buyers time to rebuild their credit and accumulate purchase credits while living in the house.

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