961 Arapahoe St., Los Angeles, CA 90006 - 20609084 - iPro Real Estate
iPro Real Estate

iPro Real Estate

961 Arapahoe St.
Los Angeles, CA 90006

Active Contingent, Multi-Family/Income Sale

For Sale

$2,000,000

Free Professional CMA

Listing ID : 20609084

  • Year

    1908

Description

DEVELOPMENT OPPORTUNITY!! Welcome to 74 unit (Un-Entitled) Development Opportunity in the heart of K-town and Westlake area. This parcel is side by side to 957 with a total lot size of 17,200 sq. ft (957 Arapahoe Street & 961 Arapahoe Street). This is R4-1 and TOC Tier 3. 74 Unit is fully utilizing TOC and subject to approval from the city. This site is located one block east of S Hoover ST and close to 101 FWY and 10 FWY. This is 4 unit with 8,537 sq. ft. total in size and 957 Arapahoe is an empty lot. B

Details

Type: Multi-Family/Income Sale 
County: Los Angeles 
Tax ID: 5076005008
Days on Market: 312 
Number of Units: 4 
Property Type: Residential Income 
Sub Type: Multi Family 
Zoning: LAR4 

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Interactive

34.053654 -118.285736 $2,000,000 20609084
961 Arapahoe St., Los Angeles, CA 90006
Directions to here from:

Area Information 90006

Population:

60,365 Up .01% since 2010
Average Income:
$43,099
Average Age:
33Years
Gender:
51.1%Male
48.9%Female
Households:
19,07438.79% with children
Average Value:
$811,663
Occupancy:
8.65%Owned
91.35%Rented
8.86%Vacant
Education:
23.1%High School
3.49%Associate
12.39%Bachelor
2.8%Graduate
Average Residency:
19Years
Crime Rate:
Above Average
Annual Rainfall:
14.85Inches
Earthquake Risk:
Very High
Hurricane Risk:
Very Low
Ozone Risk:
Average
Pollution Risk:
Average
Tornado Risk:
Average

Nearby Schools Los Angeles School Districts

School Name GS Rating Parent Rating Distance
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Rise Kohyang Elementary

charter • K-5
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Equitas Academy #3

charter • K-4
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School Name GS Rating Parent Rating Distance

Equitas Academy Charter #2

charter • 5-8
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Berendo Middle School

public • 6-8
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Rise Kohyang Middle School

charter • 6-8
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Equitas Academy 4

charter • 5-8
GS Rating

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Everest Value

charter • K-8
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New Covenant Academy

private • K-12
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Ednovate - Brio College Prep

charter • 9-12
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Rise Kohyang High

charter • 9-12
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New Covenant Academy

private • K-12
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Tax Assessments

Value

  • Land $894,744
  • Improvements $520,200

  • Total $1,414,944

Property Tax

  • 2020 $17,621

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Listed by John C. Pak with JP Investment Real Estate Group