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Rick Lee

rickjleehomes@gmail.com +1(714) 943-1598

$ 1,399,000

Est. payment -/mo

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Active

1136 Arapahoe ST Los Angeles, CA 90006

7,252 Sqft Lot

UPDATED:

12/05/2024 05:04 AM

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR24219152

HOA Y/N No

Year Built 1923

Lot Size 7,252 Sqft

Lot Dimensions Assessor

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 See Remarks

Cooling See Remarks

Fireplaces Type See Remarks

Fireplace Yes

Laundry See Remarks

Exterior

Fence See Remarks

Pool None

Community Features Sidewalks

Utilities Available See Remarks

Roof Type See Remarks

Accessibility See Remarks

Total Parking Spaces 10

Private Pool No

Building

Lot Description Rectangular Lot

Story 2

Entry Level Two

Foundation See Remarks

Sewer Public Sewer

Water See Remarks

Architectural Style See Remarks

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5076014007

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by Jennifer Landon • Landon Realty Group • 818-613-1767

Rick Lee

Team Leader | License ID: 02130981

+1(714) 943-1598

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Rick Lee

1136 Arapahoe ST Los Angeles, CA 90006

Key Details

Location

Interior

Exterior

Building

Others

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1136 Arapahoe ST