$2,000,000 957 Arapahoe Street Los Angeles, CA

MLS: 20609060   Type: Pending   County: Los Angeles   City: Los Angeles   Area: Mid-wilshire   Zip: 90006  

Mortgage $9,390 /mo



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DEVELOPMENT OPPORTUNITY!! Welcome to 74 unit (Un-Entitled) Development Opportunity in the heart of K-town and Westlake area. This parcel is side by side to 961 with a total lot size of 17,200 sq. ft (957 Arapahoe Street & 961 Arapahoe Street). This is R4-1 and TOC Tier 3. 74 Unit is fully utilizing TOC and subject to approval from the city. This site is located one block east of S Hoover ST and close to 101 FWY and 10 FWY. This is an empty lot with 8,582 sq. ft. total in size and 961 Arapahoe is a 4 unit fully occupied. Both properties are sold for $4,000,000. Hurry, this won't last!!

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Price History

8/6/2020 Listed $2,000,000

Cooling None
Directions One block west of Hoover St and between Olympic Blvd and San Marino St.
Heating None
Listagentaor Beverly Hills/Greater LA
Listing Agent John C. Pak - BRE#01898649
Listing Agent State License 01898649
MLS Area C17 - Mid-Wilshire
Parking Features None
Senior Community Y/N No
Source System CRMLS
Special Listing Conditions Standard
Total Units 74
View None
Zoning LAR4

Interior Features

Air Conditioning Y/N No
Heating Y/N No
Total Stories 0

Exterior Features

Land Lease Y/N No
Lot Dimensions 60x142
Lot Size Acres 0.1900
Lot Size Area 8582.0000
Lot Size Square Feet 8582.00
Lot Size Units Square Feet
Number of Buildings 0
Parking Y/N No

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Property vs Zip Code Avg (90006)

Price 2.00M Avg 988K

Acres 0.19 Avg 0.19

Visits 50 Avg 57

Days on Site 77 Avg 231

Walkscore® 93 Avg 92

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: John C. Pak with JP Investment Real Estate Group.

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Location & Address

J Valen RE Team

Los Angeles, CA