$1,499,000

967 Arapahoe, Los Angeles, CA 90006

  • 4 beds |
  • 2 baths |
  • 2,772 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1905
  • Property Lot Size Icon8,533sqft lot
  • Property Parking Icon 4 car garage
  • Property Price Per Square Feet Icon $541/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Located in the highly sought-after Mid-Wilshire neighborhood, this three-story single-family residence at 967 Arapahoe Street presents a rare opportunity for both investors and developers. The property features 4 bedrooms and 2 bathrooms across a spacious 2,772 square foot living area and sits on a large 8,535 square foot lot. Currently leased at $4,071/month, this asset provides immediate income while offering exceptional future upside. Zoned LAR4-1 and designated within a Transit Oriented Communities (TOC) Tier 3 zone, the site is ideal for multifamily redevelopment with generous density bonuses and reduced parking requirements. Just one block east of S. Hoover Street and minutes from the 101, 10, and 110 Freeways, the property is strategically positioned near Downtown L.A., Koreatown, USC, and major employment centers. Whether youre looking to renovate and hold, or unlock the full potential of the land through new construction, this property checks all the boxes.

Listing Status:
Active
Listing Office:
Reza Ghobadi : 818-325-4142
Listing Agent:
Reza Ghobadi : 818-793-2923
MLS ID:
SR25216456
  • A/C: N/K
  • Fireplace: N/K
  • Pool: N/K
  • Parking: Parking spaces: 4
  • General: 3
  • HOA Amenities: 0.0
  • Originating MLS: California Regional MLS
  • County: Los Angeles
  • Zoning: 5076005009
  • View: N/K
  • Water: Private
  • Sewer: Public Sewer
  • Source: California Regional MLS

This listing courtesy of Reza Ghobadi, Reza Ghobadi

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

P

Politi Elementary School

2481 W 11th St, Los Angeles, CA, 90006

Grades KG-5

0.18 miles away

B

Berendo Middle School

1157 S Berendo St, Los Angeles, CA, 90006

Grades 6-8

0.55 miles away

H

Harold Mcalister High (Opportunity)

611 S Carondelet St, Los Angeles, CA, 90057

Grades 6-12

0.63 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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