1136 Arapahoe Street
Los Angeles, CA, 90006
$1,399,000
Beds
0 Baths
SqFt
0.17 Acres
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Prime opportunity for investors, developers, or those seeking a strategic investment in one of LA’s most dynamic areas, with an assumable loan at 3.95% interest rate. Featuring 8-Units, comprising 4-1 bed 1 bath units, and 4-Studios. ALL with in-unit laundry. 10- gated parking spaces. Prime Lot: With an R3 zoning designation, this property offers significant development potential, allowing for expansion or redevelopment to maximize returns. Development potential to build 9-units with 10,800 sf, 3 stories. Whether you’re an astute investor seeking to capitalize on the burgeoning rental market, a developer with a vision for transformation, or an individual looking to secure a strategic foothold in a rapidly evolving neighborhood, 1136 Arapahoe presents an unparalleled opportunity to make your mark in the heart of Los Angeles. Don’t miss out on this rare chance to own a piece of LA’s urban landscape. Contact us today to schedule a viewing and explore the endless possibilities that await.

Property Details

Price:
$1,399,000
MLS #:
SR24219152
Status:
Active
Baths:
0
Address:
1136 Arapahoe Street
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
kreakoreatown
City:
Los Angeles
Listed Date:
Nov 1, 2024
State:
CA
ZIP:
90006
Lot Size:
7,252 sqft / 0.17 acres (approx)
Year Built:
1923
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Rectangular Lot
Parking Spots
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1136 Arapahoe Street
Los Angeles, CA