Contacts
Property Details
- Property Type Other
- Property Size 66,040 SF
- Lot Size 25,658 SF
- Date Updated Jun 14, 2025
Presenting a rare opportunity with approved Plans in the vibrant Wilshire District of Los Angeles. This offering includes three contiguous parcels located at 957, 961, and 967 Arapahoe Street, totaling approximately 25,658 square feet of land. The approved plans call for a 5-story, 109-unit apartment building over a Type I-A subterranean garage, utilizing Type III-A construction. This is a 100% privately funded project in one of the most in-demand, transit-connected neighborhoods of Los Angeles.
• Located within the Wilshire Council District, the project is ideally suited for a forward-thinking investor or developer.
• Income-producing structures currently exist on two of the parcels, providing holding income while final construction preparations are made.
• Investors may pursue re-entitlement under Executive Directive 1 (ED1) or the CHIP Ordinance to potentially increase density and boost project value.
This opportunity will bring 109 residential units to a highly walkable, transit-served and amenity-rich location in Los Angeles. With approved plans in hand and options for further entitlements under new city programs, this property is poised for immediate development or strategic repositioning.
Contact us today to request the full due diligence package.
Reach out to the broker for more info on lease terms and amenities
Attachments
Getting around
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93/100
Walk Score ®
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78/100
Transit Score ®
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72/100
Bike Score ®
Location
- City Los Angeles, CA
- Neighborhood Westlake
- Zip Code 90006
- Market Los Angeles
Points of Interest
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Westlake/MacArthur Park
0.59 miles
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Wilshire/Normandie
1.02 miles
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Wilshire/Normandie Station
1.03 miles
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Wilshire/Western Station
1.44 miles
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Wilshire/Western
1.45 miles
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7th Street/Metro Center
1.52 miles
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7th Street/Metro Center Station
1.60 miles
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Vermont/Beverly Station
1.63 miles
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Grand/LATTC
1.71 miles
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Grand Avenue Arts/Bunker Hill
1.97 miles
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76
0.55 miles
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Chevron
0.88 miles
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Arco
1.27 miles
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Shell
1.44 miles
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Electric Vehicle Charging Station
2.26 miles
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FLO
5.81 miles
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Tesla Supercharger
7.20 miles
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Parking electrique
7.52 miles
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Culver City Supercharger
7.57 miles
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Vermont & WIlshire Parking Lot -LADOT Facility No. 691
0.57 miles
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Metro Kiss and Ride
0.62 miles
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SP+
0.91 miles
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Bond Lot
1.12 miles
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West Garage
1.13 miles
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Employee Lot
1.15 miles
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East Garage
1.28 miles
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FIGat7th
1.35 miles
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Venice Parking Garage
1.38 miles
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Western Avenue Parking Garage
1.38 miles
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Tuscan Garden Inn
0.27 miles
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New seoul hotel
0.28 miles
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Casa Bella Inn
0.45 miles
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Rodeway Inn Convention Center
0.48 miles
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Ramada Los Angeles/Downtown West
0.49 miles
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Staples Centre Inn
0.53 miles
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Park Plaza Hotel
0.62 miles
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Hometel Suites
0.69 miles
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Hotel Solaire
0.74 miles
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Holiday Inn Express
0.74 miles
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Food 4 Less
0.13 miles
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Northgate Market
0.20 miles
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El Super
0.36 miles
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Hannam Chain Supermarket
0.44 miles
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Two Guys Plaza
0.45 miles
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Ross
0.47 miles
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Numero Uno Markets
0.52 miles
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Target
0.68 miles
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Galleria Market - Galleria Vermont
0.88 miles
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Jons
0.93 miles
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