1403 Arapahoe St
Los Angeles, CA 90006
Land For Sale
·
0.14 AC
Investment Highlights
- Development Opportunity
- Current 4-bedroom/1-bathroom SFR
- Densely Populated Location
- Potential to build up to 4 units
- Prime Koreatown
- Minutes away from Downtown LA, USC, LA Live
Property Facts
| Property Type | Land | Total Lot Size | 0.14 AC |
| Property Subtype | Residential | No. Stories | 2 |
| Proposed Use | Apartment Units | ||
| Zoning | LARD1.5 | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.14 AC |
| No. Stories | 2 |
| Zoning | LARD1.5 |
Description
Compass Commercial has been exclusively retained for the sale of 1403 Arapahoe Street in the city of Los Angeles. Excellent location surrounded by developments. This single-family residence is in the heart of Koreatown, adjacent to Downtown LA, located just north of Pico Boulevard, south of Olympic Boulevard, east of Vermont Avenue, west of Hoover Street. This area has seen a dramatic change in the last years, with the addition of many new coffee shops, restaurants, retails, and new construction housing. The area alone has gone through a genesis in revitalization with recent development projects going on this street alone and permits approved for a 125 unit hotel complex on Arapahoe/Pico Blvd. The property is made up of 2,037 square feet building, with approximately 6,158 square feet lot area. A great opportunity to buy and build ultra-modern 4 units on LARD1.5 zoning. The property will be delivered vacant at COE. Conveniently located just minutes away from Downtown LA, Leo Politi elementary school, USC, LA Live, Convention Center.
Property Taxes
| Parcel Number | 5056-007-028 | Improvements Assessment | $90,135 |
| Land Assessment | $360,565 | Total Assessment | $450,700 |
Property Taxes
