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Excellent Development Opportunity 957 Arapahoe St Lot | Résidentiel | 0,08 ha | À vendre | 1 293 172 € | Los Angeles, CA 90006



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INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- Vacant Land - Lot Size 8,581 Square Feet
- Zoning: LAR4-1
- Prime Mid-Wilshire location near Downtown L.A. and Koreatown
- Approx. Dimensions: 60.27 feet x 142.4 feet
- TOC Tier 3 - Eligible for density bonuses
- Excellent freeway access (101, 10, 110)
RÉSUMÉ ANALYTIQUE
+/-21 units by right
+/-36 units with TOC Tire 3
+/-42 Units with MIIP Tier 2
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 feet x 142.4 feet, 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.
The nearby single family home with great redevelopment potential at 967 Arapahoe Street is also available for sale. Contact broker for details.
INFORMATIONS SUR L’IMMEUBLE
| Prix | 1 293 172 € | Sous-type de bien | Résidentiel |
| Type de vente | Investissement | Usage proposé | Lots d’appartement |
| Nb de lots | 1 | Surface totale du lot | 0,08 ha |
| Type de bien | Terrain | Nb d’étages | 2 |
| Zonage | LAR4-1 - Zoned LAR4-1 - TOC Tier 3. | ||
| Prix | 1 293 172 € |
| Type de vente | Investissement |
| Nb de lots | 1 |
| Type de bien | Terrain |
| Sous-type de bien | Résidentiel |
| Usage proposé | Lots d’appartement |
| Surface totale du lot | 0,08 ha |
| Nb d’étages | 2 |
| Zonage | LAR4-1 - Zoned LAR4-1 - TOC Tier 3. |
1 LOT DISPONIBLE
Lot
| Prix | 1 293 172 € | Surface du lot | 0,08 ha |
| Prix par ha | 16 221 379,78 € |
| Prix | 1 293 172 € |
| Prix par ha | 16 221 379,78 € |
| Surface du lot | 0,08 ha |
8,581 Sq. Ft. Lot - Approximately dimensions of 60.27 Ft. X 142.4 Ft. - Zoned LAR4-1 - TOC Tier 3.
DESCRIPTION
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. Potential Development Options: +/-21 units by right +/-36 units with TOC Tire 3 +/-42 Units with MIIP Tier 2 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.
TAXES FONCIÈRES
| Numéro de parcelle | 5076-005-007 | Évaluation des aménagements | 0 € |
| Évaluation du terrain | 1 494 084 € | Évaluation totale | 1 494 084 € |
TAXES FONCIÈRES
Présenté par
Excellent Development Opportunity | 957 Arapahoe St
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