957 Arapahoe Street

Los Angeles, CA 90006 — Koreatown, Los Angeles County

  • beds
  • baths
  • sqft
  • ~1/2 acre lot
  • on site

An oversized 17,100 SF, R4-1, TOC Tier 3 double lot with one seller. The site?s zoning and location is conducive for virtually all forms of multifamily development including market rate, co-living, and affordable housing. From an entitlement perspective, the site is as perfect as they come; no specific plan, base density under site plan review threshold, no HPOZ, no [Q] conditions, etc. Even one of the lots has been demolished and cleared. On the other lot there is a triplex with three month to month tenants.The perfect canvas for anyone looking to develop multifamily in the City of Los Angeles without the entitlement red tape. Schedule a Private Showing

Listing courtesy of CARETS / Evanisko Realty & Investment

MLS# SR19085138 — Report a problem

Property details for 957 Arapahoe Street

Last refreshed 8 minutes ago

Financial & Terms

Terms of Sale:
Exchange/Trade, Cash, Cash To New Loan, Conventional
Special Conditions:
Standard Sale

The Property

Lot Description:
Gutters, Storm Drains, Street Lighting, Lot Shape-Rectangular, Lot-Level/Flat
Parcel Number:
5076005007
Lot Size:
17,100 Sqft
Zoning
LAR4
Type:
Lots and Land
Acres:
0.3926
View:
Yes
Views:
City Lights View, Hills View
Improvements:
957 was an SFR that has been demolished. 961 is a triplex.

Listing Agent

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Office phone:
(818) 985-9700

The Listing

Original List Price:
$3,900,000

Utilities

Water:
Public, Water District
Distance to Water:
DWP

The Community

HOA:
No

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What it’s like to live at 957 Arapahoe Street

Your commute

WalkScore®

Provided by WalkScore® Inc.

93

Walker's Paradise

Soundscore™

Provided by HowLoud

68

Moderate

Loud Moderate Quiet

Internet Speed

Provided by BroadbandNow®

300 Mbps

About internet speed

Charter Spectrum

View a full report

Sale history for 957 Arapahoe Street

DateEventPrice% ChangeSource
Apr 15, 2019Listed / Active$3,900,000161.7% (92.1% / YR)CARETS
May 6, 2018Listed / ActiveCRMLS_CA
Jul 13, 2017Sold$1,490,000DAMLS

Schools near 957 Arapahoe Street

8

Hoover Street Elementary School

Public K-5

2

Berendo Middle School

Public 6-8

4

Belmont Senior High School

Public 9-12

8

Hoover Street Elementary School

Public K-5

2

Leo Politi Elementary School

Public K-5

N/A

Equitas Academy Charter School 3

Public K-K

2

Macarthur Park Primary Center

Public K-5

N/A

Korean Baptist Church School

Private K-K

N/A

The Linden Center

Private 4-12

2

Berendo Middle School

Public 6-8

N/A

The Linden Center

Private 4-12

6

Rise Kohyang Middle School

Public 6-8

4

Belmont Senior High School

Public 9-12

N/A

Green Pastures Academy

Private 9-12

N/A

The Linden Center

Private 4-12

N/A

Green Pastures Academy

Private 9-12

N/A

Korean Baptist Church School

Private K-K

N/A

The Linden Center

Private 4-12

* GreatSchools scores are based on a scale from 1 to 10, where 10 is above average.

The school service areas are not definitive and should only be used as guidance. GreatSchools Ratings provided by www.greatschools.org

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The details on 957 Arapahoe Street: This land located in Central La, Los Angeles, CA 90006 is currently for sale for $3,900,000. 957 Arapahoe Street is a – square foot land with – beds and – baths that has been on Estately for 92 days. 957 Arapahoe Street is in the Central La neighborhood of Los Angeles and has a WalkScore® of 93, making it walker's paradise. This land is in the attendance area of Hoover Street Elementary School, Berendo Middle School, and Belmont Senior High School.

Listing courtesy of CARETS, Evanisko Realty & Investment, and Francis Evanisko.

The information being provided by CARETS is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing.

Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of the CARETS MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.

Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

The data contained herein is copyrighted by CARETS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

If a listing displays "Short Sale/Subject to Lender Approval", then that listing has been identified by the seller and the listing broker as a "short sale". This means that, at the listed price, the proceeds from the sale may not be adequate to pay all liens and costs of sale. Any offer made that does not fully cover the existing amount(s) owed to the lien holders(s) plus the costs of sale could be subject to lien holder approval, which approval may be exercised at the sole and exclusive discretion of the lien holder(s).

Kevin Boer - CA BRE# 01842161

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