$1,499,000

957 Arapanhoe, Los Angeles, CA 90006

Land
Built in ——
8,581sqft lot
—— car garage
$——/sqft
Listed 1 month ago

Property Description

Exceptional Development Opportunity in Prime Mid-Wilshire 957 Arapahoe Street, Los Angeles, CA 90006 Rare offering of vacant land in the heart of Mid-Wilshire, this 8,581 square foot lot is a developer’s dream. With dimensions of approximately 60.27 Ft. x 142.4 Ft., the site offers an ideal layout for a new multifamily project in one of L.A.’s highest-demand infill locations. Zoned LAR4-1 and located in a Transit Oriented Communities (TOC) Tier 3 zone, the property qualifies for significant density bonuses and reduced parking requirements, making it an outstanding candidate for a high-yield apartment development. Perfectly positioned just east of S. Hoover Street and minutes from the 101, 10, and 110 Freeways, 957 Arapahoe offers unbeatable accessibility to Downtown L.A., Koreatown, USC, and major transit hubs. This is an opportunity in a rapidly transforming neighborhood with strong rental demand and long-term upside. • Vacant Land | Lot Size: 8,581 Square Feet • Approx. Dimensions: 60.27 feet x 142.4 feet • Zoning: LAR4-1 • TOC Tier 3 – Eligible for density bonuses • Prime Mid-Wilshire location near Downtown L.A. and Koreatown • Excellent freeway access (101, 10, 110)

Listing Status:: Active
Date Added:: September 12, 2025 at 05:00AM
Listing Office:: Reza Ghobadi : 818-325-4142
Listing Agent:: Reza Ghobadi : 818-325-4142
MLS ID:: SR25216402

HOA Amenities: 0.0
Originating MLS: CRMLS_CRM
County: Los Angeles

Zoning: LAR4-15076005007
View: None

Water: Public

Source: CRMLS_CRM

This listing courtesy of Reza Ghobadi, Reza Ghobadi

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Hoover Street Elementary

2726 Francis Ave, Los Angeles, CA, 90005

Grades KG-5

0.20 miles away

Berendo Middle School

1157 S Berendo St, Los Angeles, CA, 90006

Grades 6-8

0.56 miles away

Harold Mcalister High (Opportunity)

611 S Carondelet St, Los Angeles, CA, 90057

Grades 6-12

0.61 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.