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.
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
Price:
$1,499,000
MLS #:
SR25216456
Status:
Active
Beds:
4
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
c17midwilshire
Listed Date:
Sep 12, 2025
Finished Sq Ft:
2,772
Lot Size:
8,535 sqft / 0.20 acres (approx)
Year Built:
1905
See this Listing
Schools
School District:
Los Angeles Unified
Interior
Bathrooms
2 Full Bathrooms
Cooling
NO
Laundry Features
IN
Exterior
Community Features
SDW
Parking Spots
4
Financial
Map
Community
- Address967 Arapahoe Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90006
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Dec 30, 2025
1,721
Single Family Listed
70
Avg DOM
1,058
Avg $ / SqFt
$1,912,747
Avg List Price
Property Summary
- 967 Arapahoe Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90006. It is listed for $1,499,000 and features 4 beds, 2 baths, and has approximately 2,772 square feet of living space, and was originally constructed in 1905. The current price per square foot is $541. The average price per square foot for Single Family listings in Los Angeles is $1,058. The average listing price for Single Family in Los Angeles is $1,912,747.
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Courtesy of Reza Ghobadi. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.967 Arapahoe
Los Angeles, CA