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    961 Arapahoe St

    Los Angeles, CA 90006
    • $2,000,000
    • STATUS: Active Under Contract
    • ON SITE: 48 days
    • ID#: 20-609084
    Under Contract
    UPDATED: 39 min ago
    $2,000,000
    • 6
      BEDS
    • 0.2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,788
      SQFT
    • $528
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1908
    County:
    Area:

    School Ratings & Info

    Description

    DEVELOPMENT OPPORTUNITY!! Welcome to 74 unit (Un-Entitled) Development Opportunity in the heart of K-town and Westlake area. This parcel is side by side to 957 with a total lot size of 17,200 sq. ft (957 Arapahoe Street & 961 Arapahoe Street). This is R4-1 and TOC Tier 3. 74 Unit is fully utilizing TOC and subject to approval from the city. This site is located one block east of S Hoover ST and close to 101 FWY and 10 FWY. This is 4 unit with 8,537 sq. ft. total in size and 957 Arapahoe is an empty lot. Both properties are sold for $4,000,000. Hurry, this won't last!!

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-24T09:42:15.877. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.brandiprattrealestate.com/homes/108630035
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    961 Arapahoe St Los Angeles, CA 90006

    • Price: $2,000,000
    • Status: Active Under Contract
    • Updated: 39 min ago
    • ID#: 20-609084
    6
    Beds
    0
    Baths
    0
    ½ Baths
    0.2
    Acres
    3,788
    SQFT
    $528
    $/SQFT
    1908
    Built
    Neighborhood:
    Mid-Wilshire
    County:
    Los Angeles
    Area:
    Mid-Wilshire
    Property Description
    DEVELOPMENT OPPORTUNITY!! Welcome to 74 unit (Un-Entitled) Development Opportunity in the heart of K-town and Westlake area. This parcel is side by side to 957 with a total lot size of 17,200 sq. ft (957 Arapahoe Street & 961 Arapahoe Street). This is R4-1 and TOC Tier 3. 74 Unit is fully utilizing TOC and subject to approval from the city. This site is located one block east of S Hoover ST and close to 101 FWY and 10 FWY. This is 4 unit with 8,537 sq. ft. total in size and 957 Arapahoe is an empty lot. Both properties are sold for $4,000,000. Hurry, this won't last!!
    Exterior Features

    Covered Parking 2 Direction Faces West Lot Size Area 8538 Other Structures Other Parking Garage Other Total Parking 8 View Description None View YN No Water Frontage None

    Interior Features

    Baths Total 6.00 Cooking Appliances RangeOven Cooling Air ConditioningWall Unit(S) Equipment Other Heating Central

    Property Features

    Assessed Total Value 1275000 Gross Income 0 Gross Operating Income 0 Like Units1 74 Net Operating Income 0.00 Number Of Buildings 2 Number Of Units 4 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 0 Type Of Units 3 Plex Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lar4

    Listing provided courtesy of John C. Pak DRE#01898649 of Jp Investment Real Estate Group.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-24T09:42:15.877. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    eXp Realty of California, Inc.
    2603 Camino Ramon, Suite 200
    San Ramon CA, 94583