957 Arapanhoe, Los Angeles, CA 90006 - MLS#SR25216402

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Anthony Napoli

realestate@anthonynapoli.com +1(619) 750-3558

$1,499,000

Est. payment - /mo

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Key Details

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25216402

Property Sub-Type Lots/Land

Property Description

Exceptional Development Opportunity in Prime Mid-Wilshire 957 Arapahoe Street, Los Angeles, CA 90006 Rare offering of vacant land in the heart of Mid-Wilshire, this 8,581 square foot lot is a developers dream. With dimensions of approximately 60.27 Ft. x 142.4 Ft., the site offers an ideal layout for a new multifamily project in one of L.A.s highest-demand infill locations. Zoned LAR4-1 and located in a Transit Oriented Communities (TOC) Tier 3 zone, the property qualifies for significant density bonuses and reduced parking requirements, making it an outstanding candidate for a high-yield apartment development. Perfectly positioned just east of S. Hoover Street and minutes from the 101, 10, and 110 Freeways, 957 Arapahoe offers unbeatable accessibility to Downtown L.A., Koreatown, USC, and major transit hubs. This is an opportunity in a rapidly transforming neighborhood with strong rental demand and long-term upside. Vacant Land | Lot Size: 8,581 Square Feet Approx. Dimensions: 60.27 feet x 142.4 feet Zoning: LAR4-1 TOC Tier 3 Eligible for density bonuses Prime Mid-Wilshire location near Downtown L.A. and Koreatown Excellent freeway access (101, 10, 110)

Location

State CA

County Los Angeles

Direction Olympic Blvd. and Hoover Street

Interior

Fireplace No

Exterior

View Y/N No

Others

Senior Community No

Tax ID 5076005007

Acceptable Financing Cash

Listing Terms Cash

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Listed by Reza Ghobadi Reza Ghobadi

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Anthony Napoli

+1(619) 750-3558

Agent | License ID: 01311452

Agent License ID: 01311452

957 Arapanhoe Los Angeles, CA 90006

Anthony Napoli

Key Details

Location

Interior

Exterior

Others

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