Located in the highly sought-after Mid-Wilshire neighborhood, this three-story single-family residence at 967 Arapahoe Street presents a rare opportunity for both investors and developers. The property features 4 bedrooms and 2 bathrooms across a spacious 2,772 square foot living area and sits on a large 8,535 square foot lot. Currently leased at $4,071/month, this asset provides immediate income while offering exceptional future upside. Zoned LAR4-1 and designated within a Transit Oriented Communities (TOC) Tier 3 zone, the site is ideal for multifamily redevelopment with generous density bonuses and reduced parking requirements. Just one block east of S. Hoover Street and minutes from the 101, 10, and 110 Freeways, the property is strategically positioned near Downtown L.A., Koreatown, USC, and major employment centers. Whether you’re looking to renovate and hold, or unlock the full potential of the land through new construction, this property checks all the boxes.
MLS #
CRSR25216456
MLS Source
California Regional MLS
Days on Site
6
Appliances
Other
Fireplace
None
Laundry
Other
Cooling
None
Pool
None
Garage/Parking
Garage: 4 Car(s)
Elementary District
Los Angeles Unified
High School District
Los Angeles Unified
Water
Private
HOA Fee
$0
967 Arapahoe is a Single Family Residence in Los Angeles, CA 90006. This 2,772 square foot property sits on a 8,535 Sq Ft Lot and features 4 bedrooms & 2 full bathrooms. It is currently priced at $1,499,000 and was built in 1905.
This address can also be written as 967 Arapahoe, Los Angeles, CA 90006.©2025 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of September 13, 2025. For the most current information, please contact Reza Ghobadi