1136 Arapahoe Street
$1,399,000
Description
1136 Arapahoe Street,
Los Angeles,
CA
90006
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.
This is an Active listing.
Broker Office Phone Number: 818-613-1767
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Listing By: Landon Realty Group via Data Source: California Regional Multiple Listing Service, Inc
Price History
date | price | variance | type |
---|
11/2/2024 | $1,399,000 | 3.52 % | decreased |
9/7/2024 | $1,450,000 | - | Listed |
listing agent: Jennifer Landon