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$ 1,399,000
Est. payment /mo
Active
1136 Arapahoe ST Los Angeles, CA 90006
7,252 Sqft Lot
UPDATED:
11/01/2024 06:44 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSR24219152
Style Other
Originating Board California Regional MLS
Year Built 1923
Lot Size 7,252 Sqft
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 Krea - Koreatown
Interior
Heating Other
Cooling Other
Exterior
Garage Spaces 10.0
Pool None
Roof Type Other
Building
Foundation Other
Water Other
Architectural Style Other
Others
Tax ID 5076014007
Special Listing Condition Not Applicable
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Listed by Jennifer Landon • Landon Realty Group