957 Arapanhoe
Los Angeles, CA 90006
0.20 acres | #SR25216402
Description
Exceptional Development Opportunity in Prime Mid-Wilshire
957 Arapahoe Street, Los Angeles, CA 90006
Rare offering of vacant land in the heart of Mid-Wilshire, this 8,581 square foot lot is a developer’s dream. With dimensions of approximately 60.27 Ft. x 142.4 Ft., the site offers an ideal layout for a new multifamily project in one of L.A.’s highest-demand infill locations.
Zoned LAR4-1 and located in a Transit Oriented Communities (TOC) Tier 3 zone, the property qualifies for significant density bonuses and reduced parking requirements, making it an outstanding candidate for a high-yield apartment development.
Perfectly positioned just east of S. Hoover Street and minutes from the 101, 10, and 110 Freeways, 957 Arapahoe offers unbeatable accessibility to Downtown L.A., Koreatown, USC, and major transit hubs. This is an opportunity in a rapidly transforming neighborhood with strong rental demand and long-term upside.
• Vacant Land | Lot Size: 8,581 Square Feet
• Approx. Dimensions: 60.27 feet x 142.4 feet
• Zoning: LAR4-1
• TOC Tier 3 – Eligible for density bonuses
• Prime Mid-Wilshire location near Downtown L.A. and Koreatown
• Excellent freeway access (101, 10, 110)
Property Details
- CountyLos Angeles
- Original List Price$1,499,000
- MLS #SR25216402
- MLS #SR25216402
- Property TypePurchase
- Cost1499000
- Utility SourcePublic
- Acres0.197
- Property SubtypeLand
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated:Â . Source: CRMLS
Provided By
Listing Agent: Reza Ghobadi (#SR207059657)
Listing Office: Reza Ghobadi (#SR0157400)
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