967 Arapahoe
Los Angeles, CA 90006
2772 sqft | 4 beds | 2 baths | 0.20 acres | #SR25216456
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 you’re looking to renovate and hold, or unlock the full potential of the land through new construction, this property checks all the boxes.
Property Details
- Property SubtypeSingleFamilyResidence
- School DistrictLos Angeles Unified
- Sewer InformationPublicSewer
- CountyLos Angeles
- Original List Price$1,499,000
- MLS #SR25216456
- MLS #SR25216456
- Property TypePurchase
- Utility SourcePrivate
- Cost1499000
- Acres0.1959
- Structure TypeHouse
- Square Feet2772
- Year Built1905
- Bedrooms4
- Bathrooms2
- Full Baths2
- Stories3
- Parking Spaces4
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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