972 ARAPAHOE Street, Los Angeles, CA 90006

About this property

40 UNITS DEVELOPMENT OPPORTUNITY (UN-ENTITLED)! 3,006 SF Bldg WITH OVER 9,000 SF LOT. R4-1 WITH TOC TIER 3! As a conservative design, One level subterranean for parking, PLUS first ground-level parking 2nd to 6th 5 levels with total 40 apartment units: 25 units two-bedroom, 15 units one bedroom, total net floor area approx. 23,000 square feet, gross around 30,000 square feet and possible to add another 4,000 square feet to the building. SOLD IN ITS AS-IS CONDITION WITHOUT PLANS.

Listing description from the August 2020 sale, as reported to CRMLS.

Sale history

$1,800,000

Sold August 2020 · listed $2,000,000, on market February 2020 · MLS #20551226 · Source: CRMLS

Listing Agent: John C. Pak · Listing Office: JP Investment Real Estate Group · Contact: 310-880-3013 · Bought with: John C. Pak · JP Investment Real Estate Group

$1,470,000

Sold July 2018 · listed $1,290,000, on market May 2018 · MLS #18346424 · Source: CRMLS

Listing Agent: Jeffrey Park · Listing Office: New Star Realty · Contact: 213-385-4989 · Bought with: Jeffrey Park · New Star Realty

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