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.
Listed by Reza Ghobadi
·
License #01780045
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Reza Ghobadi
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818-793-2923
Last updated September 13, 2025
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Source: CRMLS #SR25216456
Listing Facts
TypeSingle-family
NeighborhoodMacarthur Park
Bedrooms4
Bathrooms2
Days on Prevu68
Size2,772 sqft
Price per sqft$541
Amenities
Parking
Location
Mortgage Calculator
Listing History
10/29/2025
Status changed to Active
$1,499,000
10/21/2025
Status changed to Removed from Feed
$1,499,000
10/18/2025
Status changed to Active
$1,499,000
10/17/2025
Status changed to Removed from Feed
$1,499,000
10/05/2025
Status changed to Active
$1,499,000
10/04/2025
Status changed to Removed from Feed
$1,499,000
09/21/2025
Status changed to Active
$1,499,000
09/20/2025
Status changed to Removed from Feed
$1,499,000
09/12/2025
Listed by Reza Ghobadi
$1,499,000
Property Details for 967 Arapahoe
Association
Amenities
Community Features: Sidewalks
Exterior
Construction
Number Of Units Total: 1
Stories Total: 3
Structure Type: House
Year Built: 1905
Common Walls: No Common Walls
Entry Level: 1
Entry Location: street
Measurements
Lot Size Acres: 0.19
Lot Size Area: 8,535
Lot Size Source: Assessor
Lot Size Square Feet: 8,535
Lot Size Units: Square Feet
Financial
Taxes
Parcel Number: 5076005009
Interior
Measurements
Living Area: 2,772
Living Area Source: Assessor
Living Area Units: Square Feet
Rooms
Bathrooms Full: 2
Bathrooms Total Integer: 2
Bedrooms Total: 4
Main Level Bathrooms: 2
Main Level Bedrooms: 1
Other
Location
Tax Lot: 44
Parking
Parking
Garage Spaces: 4
Garage: Yes
Parking Total: 4
Schools
High School
High School District: Los Angeles Unified
Utilities
Equipment
Laundry Features: Inside
Sewer: Public Sewer
Water Source: Private
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.