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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.
Last Updated | 11/1/2024 | Year Built | 1923 |
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Community | Koreatown | County | Los Angeles |
Additional Details
AIR | See Remarks |
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AIR CONDITIONING | Yes |
AREA | Koreatown |
FIREPLACE | Yes |
HEAT | See Remarks |
HOA DUES | 0 |
LOT | 7252 sq ft |
LOT DESCRIPTION | Rectangular Lot |
POOL DESCRIPTION | None |
SEWER | Public Sewer |
STORIES | 2 |
STYLE | Other |
UTILITIES | See Remarks |
WATER | See Remarks |
Location
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