Map of Property

Prime Mid-Wilshire Investment & Redevelopment Opportunity

For Sale

967 Arapahoe St, Los Angeles, CA 90006

This Los Angeles property for sale is located at 967 Arapahoe St. The current listed sale price for Prime Mid-Wilshire Investment & Redevelopment Opportunity is $1,499,000. Prime Mid-Wilshire Investment & Redevelopment Opportunity is situated on a lot that is 8,535 square feet in size.

Contacts

broker
Reza Ghobadi

Property Details

  • 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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Getting around

  • 94/100

    Walk Score ®

  • 80/100

    Transit Score ®

  • 71/100

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Location

  • 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

  • Food 4 Less

    0.14 miles

  • Northgate Market

    0.20 miles

  • El Super

    0.36 miles

  • Hannam Chain Supermarket

    0.44 miles

  • Two Guys Plaza

    0.45 miles

  • Ross

    0.48 miles

  • Numero Uno Markets

    0.53 miles

  • Target

    0.67 miles

  • Galleria Market - Galleria Vermont

    0.86 miles

  • Jons

    0.93 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Reza Ghobadi
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