1136 Arapahoe Street Active

Los Angeles,CA 90006

$ 1399000

- Bed

0 Bath

5040 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 5,040 sqft

Price per Sqft $277

MLS Listing ID CRSR24219152

HOA Y/N No

Year Built 1923

Lot Size 7,252 Sqft

Acres 0.17

Property Description

Prime opportunity for investors, developers, or those seeking a strategic investment in one of LA's most dynamic areas, with an assumable loan at 3.95% interest rate. Featuring 8-Units, comprising 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.

Location

State CA

County Los Angeles

Area Listing

Interior

Heating See Remarks

Cooling See Remarks

Fireplace No

Laundry See Remarks

Exterior

Utilities Available Water/Sewer See Remarks

Handicap Access See Remarks

Building

Lot Description Other

Sewer Public Sewer

New Construction No

Others

Tax ID 5076014007

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