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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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967 Arapahoe, Los Angeles – $1,499,000

  • 4 Beds
  • 2 Baths
  • 2,772 Sqft
  • .2 Acres
  • 4 Beds
  • 2 Baths
  • 2,772 Sqft
  • .2 Acres

967 Arapahoe

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.

Essential Information

  • MLS® #SR25216456
  • Price$1,499,000
  • Bedrooms4
  • Bathrooms2.00
  • Full Baths2
  • Square Footage2,772
  • Acres0.20
  • Year Built1905
  • TypeResidential
  • Sub-TypeSingle Family Residence
  • StatusActive

Community Information

  • Address967 Arapahoe
  • AreaC17 - Mid-Wilshire
  • CityLos Angeles
  • CountyLos Angeles
  • Zip Code90006

Amenities

  • Parking Spaces4
  • # of Garages4
  • ViewNone
  • PoolNone

Interior

  • CoolingNone
  • FireplacesNone
  • # of Stories3
  • StoriesThree Or More

School Information

  • DistrictLos Angeles Unified

Additional Information

  • Date ListedSeptember 12th, 2025
  • Days on Market8

Listing Details

  • AgentReza Ghobadi
  • OfficeReza Ghobadi
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Reza Ghobadi, Reza Ghobadi.

Based on information from California Regional Multiple Listing Service, Inc. as of September 20th, 2025 at 10:45am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.