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$ 1,399,000
Est. payment /mo
Active
1136 Arapahoe Street Los Angeles, CA 90006
5,040 SqFt
UPDATED:
11/01/2024 11:15 PM
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
© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Jennifer Landon • Landon Realty Group