967 Arapahoe new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90006
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,772 sqft
Price per Sqft $540
MLS Listing ID SR25216456
Bedrooms 4
Full Baths 2
Year Built 1905
Property Sub-Type Detached
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.
Location
State CA
County Los Angeles
Exterior
Garage Spaces 4.0
View Y/N Yes
Building
Story 3
Sewer Public Sewer
Water Private
Others
Special Listing Condition Standard