1508 Arapahoe Street

Description

Welcome to 1508 Arapahoe St, a rare investment opportunity located in the heart of Los Angeles! This charming single-family residence is nestled in a highly desirable area with LARD1.5 zoning, making it a prime candidate for redevelopment or expansion. The property sits on a generous 6,351 sq ft lot, offering ample potential for creative investors or developers looking to maximize the land's high-density bonus building codes. The home features a functional layout, with 4 bedrooms and 2 bathrooms, and a cozy living space ideal for first-time homebuyers or those seeking an income-generating rental property. The large lot provides endless opportunities, whether you're envisioning a garden oasis, additional units, or a complete redevelopment. Ideal for property for an ADU and Mini-ADU. Conveniently located near shopping, dining, and entertainment options, this property is just minutes away from Downtown Los Angeles, Koreatown, and major freeways (110, 101 & 10), ensuring easy access to everything the city has to offer.

Listing information courtesy of: David Haub, CalTerra Partners 562-598-0649. *Based on information from the Association of REALTORS/Multiple Listing as of 01/27/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.