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Listed by Reza Ghobadi • Reza Ghobadi
$ 1,499,000
Est. payment /mo
Active
957 Arapanhoe Los Angeles, CA 90006
8,581 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Other Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSR25216402
Lot Size 8,581 Sqft
Property Sub-Type Other Residential Land
Source California Regional MLS
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 developer's 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
Area C17 - Mid-Wilshire
Zoning LW
Exterior
View None
Building
Water District - Public
Others
Tax ID 5076005007
Special Listing Condition Not Applicable
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