$1,499,000

957 Arapanhoe Los Angeles, CA 90006

Pico-Union Neighborhood

Estimated payment $9,415/month

0.2 Acre
$7,609,137 Price per Acre
8,581 Sq Ft Lot

About This Lot

Exceptional Development Opportunity in Prime Mid-Wilshire
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 Ft. x 142.4 Ft., 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.

• 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)

Listing Agent

Reza Ghobadi

Reza Ghobadi Brokerage Phone: 818-793-2923 License #01780045 Listed on: 09/12/2025

Property Details

Property Type

  • Land

Lot Details

  • 8,581 Sq Ft Lot
  • Property is zoned LAR4-1

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5076005007
  • $1,697,632 per year additional tax assessments

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • View: No
  • Zoning: LAR4-1
  • Property Type: Land
  • Parcel Number: 5076005007
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 174.69

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 8581.00
  • Lot Size Acres: 0.1970

Multi Family

  • Lot Size Area: 8581.0000 Square Feet

Tax Info

  • TaxOtherAnnualAssessmentAmount: 1697632.00

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2025 09/12/25 For Sale $1,499,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25216402

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Los Angeles 90006 Pico-Union

957 Arapanhoe, Los Angeles, CA

This home is located at 957 Arapanhoe, Los Angeles, CA 90006 and is currently priced at $1,499,000. 957 Arapanhoe is a home located in Los Angeles County with nearby schools including Leo Politi Elementary, Berendo Middle, and West Adams Preparatory High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Reza Ghobadi
Listing Agent
Reza Ghobadi
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Reza Ghobadi
(818) 793-2923