1136 Arapahoe Street, Los Angeles

$1,549,999

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4 Beds

8 Baths

.17 Acre

0 Garage

Nestled in the vibrant neighborhood this property offers a prime opportunity for investors, developers, or those seeking a strategic investment in one of LA's most dynamic areas. Featuring 8-Units, comprised of 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.

Essential Information

MLS® #: SR24050252

Price: $1,549,999

Bedrooms: 4

Bathrooms: 8.00

Acres: 0.17

Year Built: 1923

Type: Residential Income

Sub-Type: Apartment

Style: Other

Status: Active

Community Information

Address: 1136 Arapahoe Street

Area: KREA - Koreatown

City: Los Angeles

County: Los Angeles

Zip Code: 90006

Senior Community: N

Community Features

Storm Drain(s), Sidewalks, Urban

Amenities

Utilities: See Remarks

Parking Spaces: 10

Pool: None

Interior

Interior: See Remarks

Heating: See Remarks

Cooling: See Remarks

Fireplace: Yes

Fireplaces: See Remarks

# of Stories: 2

Stories: Two

Exterior

Lot Description: Rectangular Lot

Roof: See Remarks

Foundation: See Remarks

Additional Information

Date Listed: March 14th, 2024

Days on Market: 65

Zoning: LAR3

Listing Details

Agent: Jennifer Landon

Office: Landon Realty Group

LISTING MAP

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Buyer's Agent

Listing Agent

Jennifer Landon - Landon Realty Group

Based on information from California Regional Multiple Listing Service, Inc. as of May 20th, 2024 at 12:55am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.