Map of Property

Prime Mid-Wilshire Investment & Redevelopment Opportunity

967 Arapahoe St, Los Angeles, CA 90006

  • For Sale $1,499,000
  • Property Type Other
  • Lot Size 8,535 SF
  • Date Updated Aug 18, 2025

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.

* The nearby vacant land at 957 Arapahoe Street is also available for sale. Contact broker for details.

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Contacts

broker
Reza Ghobadi

Location

Getting Around

  • Walk Score ®

    94/100 Walker's Paradise

  • Transit Score ®

    80/100 Excellent Transit

  • Bike Score ®

    71/100 Very Bikeable
Powered by Walk Score ®
  • City Los Angeles, CA
  • Neighborhood Westlake
  • Zip Code 90006
  • Market Los Angeles

Points of Interest

  • Westlake/MacArthur Park

    0.59 miles

  • Wilshire/Normandie

    1.02 miles

  • Wilshire/Normandie Station

    1.02 miles

  • Wilshire/Western Station

    1.43 miles

  • Wilshire/Western

    1.44 miles

  • 7th Street/Metro Center

    1.53 miles

  • 7th Street/Metro Center Station

    1.60 miles

  • Vermont/Beverly Station

    1.62 miles

  • Grand/LATTC

    1.72 miles

  • Grand Avenue Arts/Bunker Hill

    1.97 miles

  • 76

    0.56 miles

  • Chevron

    0.87 miles

  • Arco

    1.28 miles

  • Shell

    1.44 miles

  • Electric Vehicle Charging Station

    2.27 miles

  • FLO

    5.81 miles

  • Tesla Supercharger

    7.19 miles

  • Parking electrique

    7.51 miles

  • Culver City Supercharger

    7.57 miles

  • Vermont & WIlshire Parking Lot -LADOT Facility No. 691

    0.56 miles

  • Metro Kiss and Ride

    0.62 miles

  • SP+

    0.90 miles

  • Bond Lot

    1.13 miles

  • West Garage

    1.14 miles

  • Employee Lot

    1.16 miles

  • East Garage

    1.29 miles

  • FIGat7th

    1.36 miles

  • Western Avenue Parking Garage

    1.38 miles

  • Venice Parking Garage

    1.39 miles

  • Tuscan Garden Inn

    0.28 miles

  • New seoul hotel

    0.28 miles

  • Casa Bella Inn

    0.46 miles

  • Rodeway Inn Convention Center

    0.49 miles

  • Ramada Los Angeles/Downtown West

    0.50 miles

  • Staples Centre Inn

    0.53 miles

  • Park Plaza Hotel

    0.62 miles

  • Hometel Suites

    0.68 miles

  • Hotel Solaire

    0.74 miles

  • Holiday Inn Express

    0.74 miles

  • TGI Korean BBQ

    0.09 miles

  • Yengmani

    0.10 miles

  • Sonagi Korean BBQ

    0.13 miles

  • Amar Desh Indian Restaurant

    0.14 miles

  • El Pollo Loco

    0.32 miles

  • Yong Su San Restaurant

    0.32 miles

  • The Dragon Restaurant

    0.32 miles

  • Boba Time

    0.34 miles

  • El Verado Bakery

    0.34 miles

  • Proper Pizza and Pasta

    0.35 miles

  • Leo Politi Elementary School

    0.15 miles

  • Hoover Street Elementary School

    0.17 miles

  • Hollywood College School of Chiropractic

    0.45 miles

  • Southwestern University School of Law

    0.52 miles

  • Bernedo Middle School

    0.56 miles

  • Charles W. White Elementary School

    0.57 miles

  • Los Angeles College International

    0.61 miles

  • Westwood College - Los Angeles

    0.67 miles

  • Young Oak Kim Academy

    0.70 miles

  • Magnolia Elementary School

    0.73 miles

  • Morning Star Education Center

    1.78 miles

  • HIC Daycare

    2.01 miles

  • Ralph M. Parsons Preschool

    2.93 miles

  • Komitas

    3.23 miles

  • Vine Street Early Education Center

    3.43 miles

  • Neighborhood Nursery School

    3.68 miles

  • San Antonio de Padua Academy Preschool

    3.77 miles

  • Vernon Adult Day Program

    3.91 miles

  • Gates Early Education Center

    4.80 miles

  • Jim Gilliam Child Care Center

    4.81 miles

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Contact Listing Broker
broker
Reza Ghobadi
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