967 Arapahoe

Los Angeles , CA 90006

MLS#: SR25216456

$1,499,000

Status: Active
Listing number: SR25216456
Listing provided by: Reza Ghobadi
Listing agent phone: None
Last update: 2 hours ago
New on site 1 day ago
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Property

Beds

4

Full Baths

2

1/2 Baths

None

Year Built

1905

Sq.Footage

2,772

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.

Features & Amenities

Interior

  • Total Bedrooms

    4

  • Bathrooms

    2

  • Cooling YN

    NO

  • Cooling

    None

  • Fireplace YN

    NO

  • Main Level Bedrooms

    1

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    4

  • Pool

    Yes

  • Pool Features

    None

  • View

    None

Area & Lot

  • Lot Size(acres)

    0.1959

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

Price

  • Sales Price

    $1,499,000

  • Sq. Footage

    2, 772

  • Price/SqFt

    $540

HOA

  • Association

    NO

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    3

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    44

  • Water Source

    Private

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Location

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Los Angeles

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Listing Courtesy of Reza Ghobadi , Reza Ghobadi

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(818) 321-0175

Lina@theosrealty.com


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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.

967 Arapahoe

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