Price: $1,499,000 | Prime Mid-Wilshire Investment & Development Opportunity
Lot Size: 8,581 Square Feet | Dimensions: Width 60.27 Feet x Depth 142.4 Feet
ADDRESS
957 Arapahoe Street
Los Angeles, CA 90006
Rare offering of vacant land in the heart of Mid-Wilshire, this 8,581 square foot lot is a developer’s dream. With dimensions of approximately 60.27 feett x 142.4 feet, the site offers an ideal layout for a new multifamily project in one of L.A.’s highest-demand infill locations.
Zoned LAR4-1 and located in a Transit Oriented Communities (TOC) Tier 3 zone, the property qualifies for significant density bonuses and reduced parking requirements, making it an outstanding candidate for a high-yield apartment development.
Perfectly positioned just east of S. Hoover Street and minutes from the 101, 10, and 110 Freeways, 957 Arapahoe offers unbeatable accessibility to Downtown L.A., Koreatown, USC, and major transit hubs. This is an opportunity in a rapidly transforming neighborhood with strong rental demand and long-term upside.
PROPERTY HIGHLIGHTS
• Vacant Land | Lot Size: 8,581 Square Feet
• Approx. Dimensions: 60.27 feet x 142.4 feet
• Zoning: LAR4-1
• TOC Tier 3 – Eligible for density bonuses
• Prime Mid-Wilshire location near Downtown L.A. and Koreatown
• Excellent freeway access (101, 10, 110)